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.
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.
1) Health, Safety and Environment
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.
The English version of this Policy Statement shall prevail over any Chinese version which is provided for information purposes only.