Page 11 - Pakistan Oilfields Limited - Annual Report 2021

• Trading by directors and employees of the challenges, within its sphere of influence,
Company in Pakistan Oilfields Limited shares undertake initiatives to promote greater
is possible only in accordance with the more environmental responsibility and encourage
detailed guidelines issued from time to time the development and diffusion of
by corporate management in accordance environmentally friendly technologies.
with applicable laws.
• Pakistan Oilfields Limited will support and
• In its relations with governmental agencies, respect the protection of international
customers and suppliers, the Company will human rights within its sphere of influence,
not, directly or indirectly, engage in bribery, in particular the effective elimination of all
kickbacks, payoffs, or any other corrupt sorts of compulsory labour and child labour,
business practices. and it will make this a criterion in the choice
and management of its suppliers and sub-
• The use, directly or indirectly, of Company contractors.
funds for political contributions to any
organization or to any candidate for public • Pakistan Oilfields Limited will not discriminate
office is strictly prohibited Corporate funds against any employee for any reason such as
and assets will be utilized solely for lawful and race, religion, political convictions or gender,
proper purposes in line with the Company’s and will treat everyone with dignity and with
objectives. full respect for their private lives. This is
expected also to apply to relations between
• No false or artificial entries shall be made in members of personnel.
the Company’s books and records for any
reason, and all financial transactions must be
accurately and properly accounted for in the
books and records.

• All benefits provided to the directors and
employees of Pakistan Oilfields Limited
in addition to their standard remuneration
will be awarded in full compliance with the
Company official policies.

• Pakistan Oilfields Limited will respect the
privacy of data relating to individual persons
(whether employees or third parties) which it
may hold or handle as part of its information
processing activities or otherwise.

• Employees will maintain the confidentiality of
the Company and its customers’ confidential
information which is disclosed to them.
• Pakistan Oilfields Limited will support a
precautionary approach to environmental

ANNUAL REPORT 2021 9