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Code of Conduct

The Code of Conduct forms a guideline for the Board of Commissioners(BOC), Board of Directors (BOD), employees of the Company and its subsidiaries (the “SIMP Group”), as well as the Organ Support of the SIMP Group (“Organ Support”) in performing business ethics and the duties of the BOC, BOD, employees of the SIMP Group (“Company Members”) and Organ Support.

The Code of Conduct comprises two policies on Company Business Ethics and Working Ethics of Employees and Organ Support. It applies to all the Company Members and Organ Support, and any violation shall be considered a breach of employment contract which may result in disciplinary actions. The Code of Conduct is communicated to the Members during the Company’s orientation briefings.

The policy on Company Business Ethics regulates the following:

  1. Compliance with laws and regulations,
  2. Relation with shareholders,
  3. Relation with the customers,
  4. Relation with business partners,
  5. Confidentiality of information,
  6. Corporate soial responsibility,
  7. Environmental conservation,
  8. Occupational health and safety, and
  9. Fair treatment.

The policy on Working Ethics of the Company Members and Organ Support regulates the following:

  1. Compliance with law and regulation,
  2. Abuse of power and violence,
  3. Protection and use of tangible and intangible assets,
  4. Health and safety,
  5. Other work outside the Company,
  6. Conflict of interest and transaction with related parties,
  7. Prohibited behavior or actions,
  8. Gratification,
  9. llegal drugs and alcoholic beverages/liquor,
  10. Gambling,
  11. Weapons,
  12. Misuse of communication and social media,
  13. Organizational/political relations,
  14. Insider trading,
  15. Family relation, and
  16. Whistleblowing system.

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Code of Conduct 29/09/20 07:01