Conflict of Interest Policy
Effective 24, November 2025
Our Commitment
Flaxur is committed to acting with integrity, transparency, and accountability in all its activities. As a public-benefit organisation, we recognise that public trust depends on our ability to manage conflicts of interest responsibly and fairly.
This policy outlines how Flaxur identifies and manages conflicts of interest to ensure decisions are made in the best interests of the organisation and the communities we serve.
1. What Is a Conflict of Interest
A conflict of interest arises when an individual’s personal, financial, or professional interests could interfere, or be perceived to interfere, with their responsibility to act in Flaxur’s best interests.
Conflicts may be:
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Actual – a conflict currently exists
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Potential – a conflict could arise in the future
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Perceived – a reasonable observer could believe a conflict exists
All three are treated seriously.
2. Who This Policy Applies To
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This policy applies to:
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Directors and members
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Staff and volunteers
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Consultants, advisors, and contractors
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Individuals acting on behalf of Flaxur in programmes, partnerships, procurement, or funding activities
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3. How Conflicts Are Managed
Flaxur requires individuals to disclose any actual or potential conflicts of interest as soon as they arise. Disclosures are reviewed and managed to ensure objectivity and fairness.
Depending on the situation, management actions may include:
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Recusal from discussions or decisions
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Reassignment of responsibilities
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Additional oversight
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Declining or terminating a transaction or relationship
All material conflicts are documented to support transparency and accountability.
4. Ethical Conduct
Individuals associated with Flaxur are expected to:
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Act in good faith and in the organisation’s best interests
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Avoid using their position for personal gain
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Declare gifts, benefits, or relationships that could influence decision-making
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Comply with Flaxur’s ethical standards and related policies
5. Relationship to Other Policies
This policy works alongside Flaxur’s:
Together, these policies support responsible leadership and sound decision-making.
6. Reporting Concerns
Concerns relating to conflicts of interest or ethical conduct may be raised through Flaxur’s whistleblowing or compliance channels. Reports will be handled confidentially and without retaliation for good-faith disclosures.
7. Review and updates
This Conflict of Interest Policy is reviewed periodically to ensure it remains appropriate to Flaxur’s activities and public-benefit mandate.