investors » code of conduct

This code of conduct is in no way a complete or final document. but instead a code of behaviour for Kauzala's management and staff. 

The tenets of the company’s code of conduct are as follows:


Integrity and Ethical Conduct

The Kauzala Group has a strong culture of conducting all of its work with the utmost integrity, at all levels of the company’s operation. Our actions and the actions of all our employees are governed by values that were central to the foundation of the company. Our commitment to operate responsibly is reflected in the steps we have in place to ensure rigorous financial discipline and Corporate Governance.

Every Kauzala Group employee, including full-time directors, company chief executives and the chairman of the board of directors, shall engage in all of their engagements on behalf of the company with unquestionable professionalism, honesty and integrity, while conforming to the highest ethical standards expected of them. Such conduct shall be fair and transparent and be perceived to be so by third parties.

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Serving Nation & Society

Kauzala was founded upon the principle of serving society, and will always retain this guiding vision and objective at the core of its strategies and operations. The company and its employees will always seek to add to this core guiding principle in every new venture or project.

The company is committed to the socio-economic development of the countries, regions and communities in which it operates, and shall never undertake any project or activity to the detriment of their wider interests. The company and its subsidiary business units and companies expend every effort to respect the culture, customs and traditions of any region they operate in or deal with.

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Quality of Products and Services

The Kauzala Group and its subsidiaries are committed to developing and supplying goods of the highest possible standards. We perceive it to be our duty to use accessible global best practice as a foundation from which to develop innovative products and services of the highest possible utility and quality, for the ultimate benefit of our customers and end users.

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Fair Trade & Competition

The Kauzala Group flourishes in competitive, open market conditions. No Kauzala Group entity or employee shall engage in restrictive trade practices or other unfair trade activities.

Kauzala employees shall commercialise and promote the company’s products and services on their own merits and shall not make unfair and misleading statements about competitors’ products and services. Any collection of competitive information shall be made only in the normal course of business and shall be obtained only through legally permitted sources and means.

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Honouring Commitments

All Kauzala employees must use professional and personal judgement to under-promise, and over-deliver in their interactions with internal and external stakeholders of the company. They shall strive to honour legitimate commitments made to others on behalf of the company and themselves at all times.

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Health & Safety

The Kauzala Group and its subsidiary companies place significant emphasis on ensuring high standards of health and safety, with a no compromise approach to cleanliness, hygiene and the safety of staff and visitors to any of its premises. Further, the company actively promotes work-life balance, and pursues healthy diet and lifestyle programmes for its staff.

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Environmental Sustainability

Kauzala respects and cares passionately for Mother Nature and the environment. All Kauzala entities and staff shall be made aware of and strive towards the principles and working practices of economic, social and environmental sustainability. They shall prevent the wasteful use of natural resources and be committed to improving the environment throughout the company's scope of activity.

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Equal Opportunities

The Kauzala Group and its subsidiaries will always, without exception, provide equal opportunities to all its employees and all qualified applicants for employment without prejudice of their gender, age, colour, religion, race, caste, nationality, sexual orientation or disability.

Employee policies and practices shall be administered in accordance with applicable local laws, best practice and other provisions of this Code of Conduct, and equality of opportunity is to be provided to those suitably qualified and based on merit.

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Clarity of Communication

Every Kauzala employee shall place significant emphasis on the perpetual need for clear, concise and transparent information exchange with the company’s internal and external stakeholders.

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Financial Reporting

The Kauzala Group and its subsidiary business units and/or companies shall prepare and maintain their accounts in accordance with the accounting and financial reporting standards which reflect the most applicable best practice, principles, standards, laws and regulations of the country in which the relevant Kauzala Group company operates.

Internal accounting and audit procedures shall reflect, fairly and accurately, all of the company’s business transactions and disposition of assets, and shall have internal controls to provide assurance to the company’s board and shareholders that the transactions are accurate and legitimate. All required information shall be accessible to company auditors and other authorised parties and government agencies. There shall be no wilful omissions of any company transactions from the books and records, no advance-income recognition, and no hidden bank accounts or funds.

Any wilful, material misrepresentation of and/or misinformation on the financial accounts and reports shall be regarded as a violation of the Code, apart from inviting appropriate civil or criminal action under the relevant laws. No employee shall make, authorise, abet or collude in an improper payment, unlawful commission or bribe.

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Regulatory Compliance

In conducting business, all Kauzala Group employees shall comply with all applicable laws and regulations in both letter and spirit, and in all the territories in which they operate. Directors of a Kauzala company shall comply with applicable laws and regulations of all relevant regulatory authorities. They shall safeguard the confidentiality of all information received by them by virtue of their position.

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Shareholders

Kauzala Group companies shall be committed to enhancing shareholder value and complying with all regulations and laws that govern shareholder rights. The board of directors of a Kauzala company shall duly and fairly inform its shareholders about all relevant aspects of the company’s business, and disclose such information in accordance with relevant regulations and agreements.

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Third Party Representation

Any organisation, entity or individual which has business dealings with the Kauzala Group or any of its subsidiary companies or entities, but does not belong to the group, such as agents, representatives, consultants, distributors, associated and channel partners, contractors, vendors and suppliers shall not be authorised to represent the Kauzala Group or any of its entities, committees or employees without written permission from the Kauzala Group Head Office.

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Use of the Kauzala brand

The use of the Kauzala name and trademark and its various permutations, as well as the sub-brands and other brands owned by the Kauzala Group, shall be governed by clear written instructions issued by Kauzala. No third party or joint venture shall use the Kauzala brand to further its interests or for any other purpose without specific, written authorisation from the Kauzala Group.

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Group Policies

The Kauzala Group and its subsidiary companies shall recommend to its board of directors and senior management the adoption of policies and guidelines periodically formulated by it. These policies should be consistent with the values and founding objectives of the company, and should involve as far as possible the views and feedback of all Kauzala stakeholders, including customers, staff, management, shareholders, partners and vendors.

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Protecting Company Assets

The assets of a Kauzala company shall not be misused by any individual, group of individuals or entities in any manner whatsoever. These assets and resources shall be employed solely and judiciously for the purpose of conducting the business for which they are expressly authorised.

These include tangible assets such as facilities, vehicles, equipment and machinery, systems, materials and resources, as well as intangible assets such as intellectual property, information technology and systems, relationships with customers and suppliers, and other proprietary information and resources. Any offence relating to this clause will be very severely punished, without exception.

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Integrity of Information

All Kauzala Group employees shall ensure, at all times, the integrity of data or information furnished by him or her to the company. He or she shall be entirely responsible in ensuring that the confidentiality of all data is retained and in no circumstance transferred to any outside person or party in the course of normal operations without express guidelines from or the approval of the management.

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