Ethics Policy - Penguin's Principles
Penguin has built its reputation up over the last 30 years. As we continue to grow, both in size and profitability, it is important to ensure that all of us (employees, clients, suppliers, banks and shareholders) know what we (Penguin the Company and Penguin the People) stand for. What we stand for is evident in the way we do our business and in all our inter-actions. This in turn is governed by our Ethical Principles, which are as follows:
We never mislead. All statements we make are honest and true (to the best of our knowledge). We do not make or receive inappropriate payments or inducements in any form whatsoever. Payments (about which there is any doubt whatsoever) must be approved by all members of the Board and must be receipted We do not accept gifts or entertainment where the giver will expect favours.
We do whatever it takes to keep our commitments. We do not make promises we cannot keep. Our word is our bond!
� The Law All of our actions and activities shall be in accordance with all relevant laws and regulations. If an employee is aware of an illegal act committed by another Penguin employee he has a responsibility to report that act to the Managing Director (or one of the other Directors).
� Fairness & Diversity
Our processes and procedures will be seen to be fair, even-handed and non- arbitrary. We value diversity. An inclusive culture allows our employees to contribute their best. We will act in ways that reflect our commitment to social responsibility.
� Use of Penguin's assets
Penguin's assets are for legitimate Penguin business use. This includes vehicles (reasonable personal use may be allowed, at management's discretion), computers (including internet use) and plant & equipment.
All sensitive information (tenders, financial and personal) must be kept strictly confidential.
� Health & Safety and Environmental Protection We are committed to safety and the protection of our environment. We are all responsible to ensure that our policies on H&S and Environmental Protection are complied with by all employees.
If an employee is aware of any breach of any of the above Principles it is his responsibility to bring this breach to the attention of any of the directors (through HR if necessary). Anonymous letters will not be considered.
These are Penguin's Principles. Our business was founded on them and they are the basis for our continued success.