BARAKAT SA ethics policy emanates from the group’s general policy. It makes sure that activities are performed to the highest standards, integrity and professionalism, both within and outside the company.
1) OUTSIDE THE COMPANY
o Respect for the laws
In every region we operate, BARAKAT SA staff respect the laws in force. Each employee who works in an area where the company operates must respect the laws of the region in which its activities are carried out. In case of doubt, employees should immediately consult his superiors.
The employees of BARAKAT SA are under the obligation not to damage the reputation of the company, to maintain the integrity of its holdings and its information system.
In no situation will an employee of BARAKAT SA accept gifts and benefits from suppliers, unless it is symbolic or promotional. Likewise, no one will propose or grant such presents or benefits to secure a deal.
o Relationship with the suppliers
BARAKAT SA selects its suppliers on the basis that they meet the criteria to deliver the required objectives based solely on the customers’ interest. Top performance and excellence are expected from suppliers in order to enable the company completely satisfy its customers’ expectations. The group refuses to resort to suppliers who might not respect local and tax laws.
o Relationship with customers
Each employee should respect the principles and integrity of the customers. Considering the nature of the products and service to be delivered by the company, No compromise is acceptable in the field of security.
o Relationship with shareholders
BARAKAT SA and its employees provide shareholders with comprehensive, transparent and formal information. It is attentive to the implementation of the principles and local recommendations, sub-regional and international matters of corporate governance.
2) INSIDE THE COMPANY
o Respect for confidential information.
Each employee, depending on his position, has access to confidential information, even if partial and it represents an important asset to the company and must not be shared with competitors.
At the same time, in each company in the group, everyone is expected to ensure all useful information needed to accomplish work, flows properly within and outside the company with the appropriate stakeholders. Also each employee of the group must make sure that this information is always accurate.
o Respect for people
Barakat SA ensures equal opportunity for all employees. Recruitment is based exclusively on professional qualifications, without discrimination. It guarantees the respect for their dignity and privacy. The supervisory authority must be exercised with restraint and discretion and not lead to any abuse or harassment.