Code of Ethics
Introduction: The RIGHT (Research Investment for Global Health Technology) Foundation (the “Foundation”) is committed to conducting its operations with integrity, transparency, and accountability. This Code of Ethics outlines the standards of behavior expected from the employees, partners, and associates of the Foundation to ensure the highest level of ethical conduct in all business dealings.
Section 1: Mandate and Purpose
- The Foundation’s mission is to improve global health equity by investing in innovative biotechnology projects that advance scientific research and improve human health.
- All employees are mandated to uphold the principles of ethical investment, transparency, and sustainable development.
- The Foundation's primary duty is to achieve the Foundation’s mission of promoting responsible research investments, ensuring that all decisions align with fiduciary responsibilities and regulatory standards.
Section 2: Responsibilities of Employees
- Employees must demonstrate professionalism, integrity, and impartiality in all business activities.
- Employees must avoid conflicts of interest, prioritize the Foundation’s mission, and act with integrity in all interactions. Any potential conflicts of interest must be disclosed immediately, and employees are prohibited from engaging in activities that could compromise the Foundation’s objectives.
- Employees are responsible for safeguarding confidential information related to funded projects and research data.
- Confidentiality of sensitive research data, information related to funded projects and research data must be maintained at all times.
- Employees are prohibited from engaging in any form of insider trading or misusing non-public information for personal gain.
Section 3: Fiduciary Duties
- The Foundation has a fiduciary duty to its funders and investors, ensuring transparency in reporting, prudent management of capital, and adherence to relevant laws and regulations.
- All investment decisions must be made with the objective of financially supporting innovative biotechnology projects that advance scientific research and improve human health equity, considering both financial and ethical implications.
- The Foundation is committed to responsible stewardship of resources, focusing on projects that align with the Foundation’s ethical and sustainability standards.
Section 4: Ethical Investment Guidelines
- The Foundation shall make investments in projects that demonstrate a commitment to ethical research practices and regulatory compliance. The Foundation actively seek partnerships with organizations that align with our ethical standards, promoting healthcare access, especially in underserved communities
- The Foundation strives to reduce its environmental footprint and is committed to sustainable practices and avoid investing in projects that pose significant environmental or social risks
- The Foundation conducts due diligence on projects in accordance with the Grant Cost Guidance of the Foundation, assessing financial viability
- The Foundation actively avoids investments in research that could lead to unethical outcomes, such as misuse of genetic data or violations of human rights