Emirates National Oil Company (Enoc) introduced its revised ‘Code of Business Conduct’ (COBC) at a staff event organized during the recent ‘Ethics Week’ in Dubai, UAE, reported Trade Arabia.
The ‘Code of Business Conduct’ outlines an approach towards fair treatment, environment, health & safety standards, quality, workplace conduct, conflicts of interest, business courtesies, intellectual property, information use, trademarks, records management, and reporting misconducts, among others.
Saif Al Falasi, Group CEO, Enoc, said: “We have inculcated a high level of integrity across our entire operations over the last five years when we first introduced the Code of Business Conduct in 2010. Through transparency and a process which allows for employees to report on any unethical practice without fear of retribution, Enoc strengthened its platform for growth by building even stronger bridges with our partners and stakeholders.”
“As we aspire to grow globally and become an international integrated oil & gas player, we are glad to have our building blocks of ethical business practices in place, enabling us to attract not only the best of talent but also express confidence in all those who wish to do business with us from around the world”, he added.
According to Gulf Digital News, Enoc Ethics Week was celebrated alongside the international celebration of Compliance & Ethics Week by the Society of Corporate Compliance and Ethics (SCCE).
The event also coincides with the fifth year anniversary of the launch of the Code of Business Conduct at Enoc, and includes the ‘train the trainer’ program and Ethics E-learning, mandatory for all Enoc employees.