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Introduction
Golfrate has earned a reputation in Angola for conducting its business with integrity and with respect for the interests of those our activities can affect. This reputation is an asset, just as real as our people and brands.
Our first priority is to be a successful business and that means investing for growth and balancing short term and long term interests. It also means caring about our consumers, employees and shareholders, our business partners and the world in which we live.
We want this Code to be more than a collection of high sounding statements. It must have practical value in our day to day business and each one of us must follow these principles in the spirit as well as the letter.
Standard of Conduct
We conduct our operations with honesty, integrity and openness, and with respect for the human rights and interests of our employees.
We shall similarly respect the legitimate interests of those with whom we have relationships.
Obeying the Law
Golfrate employees are required to comply with the Angolan laws and regulations.
Employees
Golfrate is committed to diversity in a working environment where there is mutual trust and respect and where everyone feels responsible for the performance and reputation of our company.
We will recruit, employ and promote employees on the sole basis of the qualifications and abilities needed for the work to be performed.
We are committed to safe and healthy working conditions for all employees. We will not use any form of forced, compulsory or child labour.
We are committed to working with employees to develop and enhance each individual's skills and capabilities.
We respect the dignity of the individual and the right of employees to freedom of association.
We will maintain good communications with employees through company based information and consultation procedures.
Consumers
Golfrate is committed to providing branded products and services which consistently offer value in terms of price and quality, and which are safe for their intended use. Products and services will be accurately and properly labelled, advertised and communicated.
Shareholders
Golfrate will conduct its operations in accordance with internationally accepted principles of good corporate governance. We will provide timely, regular and reliable information on our activities, structure, financial situation and performance to all shareholders.
Business Partners
Golfrate is committed to establishing mutually beneficial relations with our suppliers, customers and business partners.
In our business dealings we expect our business partners to adhere to business principles consistent with our own.
Community Involvement
Golfrate strives to be a trusted corporate citizen and, as an integral part of society, to fulfill our responsibilities to the societies and communities in which we operate.
Public Activities
Golfrate companies are encouraged to promote and defend their legitimate business interests.
Golfrate will co-operate with governments and other organisations, both directly and through bodies such as trade associations, in the development of proposed legislation and other regulations which may affect legitimate business interests.
Golfrate neither supports political parties nor contributes to the funds of groups whose activities are calculated to promote party interests.
The Environment
Golfrate is committed to making continuous improvements in the management of our environmental impact and to the longer-term goal of developing a sustainable business.
Golfrate will work in partnership with others to promote environmental care, increase understanding of environmental issues and disseminate good practice.
Competition
Golfrate believes in vigorous yet fair competition and supports the development of appropriate competition laws. Golfrate employees will conduct their operations in accordance with the principles of fair competition and all applicable regulations.
Business Integrity
Golfrate does not give or receive whether directly or indirectly bribes or other improper advantages for business or financial gain. No employee may offer give or receive any gift or payment which is, or may be construed as being, a bribe. Any demand for, or offer of, a bribe must be rejected immediately and reported to management.
Golfrate accounting records and supporting documents must accurately describe and reflect the nature of the underlying transactions. No undisclosed or unrecorded account, fund or asset will be established or maintained.
Conflicts of Interests
All Golfrate employees are expected to avoid personal activities and financial interests which could conflict with their responsibilities to the company.
Golfrate employees must not seek gain for themselves or others through misuse of their positions
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