Code of Ethics and Conduct |
General
This Code of Ethics and Conduct describe the general ethical
and conduct requirement for all employees of Ronacrete (Far East) Ltd.
Employees assume the responsibilities in this Code of Ethics and Conduct
freely and solemnly and are mindful that these responsibilities are a
part of their obligation as the employees of Ronacrete (Far East) Ltd.
We expect our employees to promote and enforce this Code of Ethics and
Conduct when dealing with our colleagues, business partner and our society
at large.
The main purpose of this Code of Ethics and Conduct is to ensure that
all employees will behave in accordance with the details set out in this
code and also ensure the compliance with local laws and statutory regulations.
Responsibility
Employees should follow and encourage others to follow this Code
of Ethics and Conduct even if conflicts may sometimes appear in the circumstances
of the company’s interest. Employees should seek for advice from your
immediate supervisor if you are not sure for any particular activity whether
it is legally or ethically acceptable. Senior managers should responsible
for monitoring the compliance of this code and also ensuring their colleagues
are fully understood the contents about this code.
If any activities are found violation to this code, we must take all
necessary remedial actions, corrective actions and preventive actions
to rectify the problems, prevent the re-occurrence and extension of the
problems. Company will not permit and tolerate for any activities which
will violate the relevant legislations, local laws and statutory regulations.
Failure for the compliance of this code may result for internal disciplinary
action or termination of employment. The company also reserves the rights
for taking legal action to employees against serious misconduct.
Description
Company has the responsibility to provide a safe working environment which can promote the good health to employees. Company is also obliged to follow relevant standard and legislation of environmental protection.
Employees and business partners are also accepted the responsibility
to promote the same manner of health, safety and environment within the
company and our society at large.
2) Equal Opportunities
Company do not accept any form of discrimination on the basis of gender,
religion, race, national or ethnic origin, cultural background, social
group, disability, sexual orientation, marital status, age or political
opinion. Company is obliged to provide equal opportunity for employment
and promotion in fairly basis. Company is also obliged to follow relevant
standard and legislation of equal opportunities.
Employees and business partners are also accepted the responsibility
to promote the same manner of equal opportunities within the company and
our society at large.
3) Personal Conduct
Employees should have a proper manner when dealing with business
partners and colleagues. This may include but not limit to respect for
cultural and religious practices, national tradition and personal customs.
Employees are also obliged to follow relevant legislation of personal
conduct. Any kind of personal misconduct and false behaviour should not
be promoted within the company and our society at large.
4) Business Conduct
Employees are not allowed to receive advantages for themselves
or other related persons which are improper or which may damage the company
interests in any other way, whether such action is criminal or not.
Employees are not allowed to offer benefits to public official or business
partners in order to secure business or obtain improper advantage in the
conduct of business. This applies regardless whether the benefit is offered
directly or through an intermediary.
Gifts offers to business partners must comply with good business practice
in an acceptable format, and must comply with local legislation. Gifts
should only be offered if they are modest, and for the purpose of courtesy
and good business manner. Transaction for gifts offered must be recorded
properly for internal auditing purpose.
Employees are not allowed to accept monetary or other format of favours
from business partners, which might affect or appear to affect your integrity
or independence unless prior approval had been given from your supervisor.
Records of approval must be kept for internal auditing purpose. If employees
are offered or have received such favours without prior approval, employees
must notify immediately to your supervisor for appropriate remedial action.
Employees are obliged to monitor the conduct of our business partners
and report immediately to your supervisor for any criminal acts. The company
must terminate the business relationship with the business partners who
had found guilty with their business conduct.
Employees are not allowed to offer financial contributions to political
parties on behalf of the company. However, this does not prevent the employees
from engaging in political activities as private individuals.
Employees are not allowed to market or promote products or services in
competition with the company activities. Employees must seek for approval
first from your supervisor before engaging in any activities from our
competitors which may have conflicts of interests to the company.
Employees are not allowed to disclose any confidential company information
unless such information had been made known to the public. If you are
uncertain with the information you obtained is confidential or not, you
should seek the advice from your supervisor before disclosure. The use
of company information for personal gain of advantage is strictly prohibited.
We should operate in a manner of high transparency and accuracy in all
our dealings. Employees are responsible for maintaining all necessary
records of our operations and business requirements. No false, misleading
or artificial entries are allowed to enter into our business documentation
system.
We must comply with all applicable laws and statutory regulations when
conducting business on the company’s behalf. We must also not assist our
business partners to offence the laws, whether or not this constitutes
an illegal act for the company or for the employee personally.
