Page 15 - Pakistan Oilfield Limited - Annual Report 2022
P. 15
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Annual Report 2022
Whistle Blowing Policy
This Policy addresses The Company conducts business provided by this policy for
the commitment based on the principles of fairness, reporting all allegations of
suspected misconduct or improper
honesty, openness, decency,
of the Company to integrity and respect. activities.
integrity and ethical To maintain these standards, General Guidance
behavior by helping the Company encourages its This policy presumes that
employees who have concerns
to foster and maintain about suspected serious employees will act in good faith
an environment misconduct/breach of law/ and will not make false accusations
when reporting of misconduct .
regulation or suspected breach
where employees of law or regulation that may An employee who knowingly or
can act appropriately, adversely impact the Company, recklessly makes statements or
disclosures that are not in good
to come forward and express
without fear of these concerns without fear of faith may be subject to disciplinary
retaliation. punishment or unfair treatment. procedures, which may include
termination. Employees who report
It is also the policy of the acts of misconduct pursuant to
Company to address any this policy can and will continue to
complaints that allege/attempted be held to the Company’s general
acts of interference, reprisal, job performance standards and
retaliation, threats, coercion or adherence to the Company’s
intimidation against employees policies and procedures.
who report, disclose or investigate
improper or illegal activities (the In case of reports sent through
“Whistleblowers”) and to protect e-mail, it is recommended to mark
those who come forward to report the subject as Whistleblower for
such activities. The Company ease of identification.
assures that all reports will be
treated strictly confidentially and Although the whistleblower is
promptly investigated and that not expected to prove the truth
reports can be made anonymously, of an allegation, he/she needs
if desired. to demonstrate to the person
contacted that there are sufficient
The internal control and operating grounds/concerns/allegations is
procedures of the Company are true.
in place to detect and to prevent
or deter improper activities.
However, even the best systems of
controls cannot provide absolute
safeguards against irregularities.
The Company has the responsibility
to investigate the allegations of
suspected improper activities and
to take appropriate actions.
Employees and others are
encouraged to use guidance