Ethics & Compliance

Foreign Corrupt Practices Act (FCPA) Policy

Khudairi Group maintains a corporate policy prohibiting all improper or unethical payments to government officials anywhere in the world. Our policy is: No company officer, employee or agent has authority to offer payments to a foreign official to induce that official to affect any government act or decision in a manner that will assist the Company or any of its subsidiaries or divisions to obtain or retain business. Furthermore, every officer, employee and agent is obligated by company policy and federal law to keep books, records, and accounts that accurately and fairly reflect all transactions and disposition of Company assets.

Khudairi Group has developed guidelines for complying with the FCPA and related laws. The purpose of these guidelines is to ensure full compliance with the FCPA and related laws and continuation of our fine record in maintaining lawful and ethical dealings with governments throughout the world.

Ethics Policy

Khudairi Group’s Ethics Policy has been developed to ensure that the Company’s business is conducted in adherence with high ethical and legal principles and sets standards of professionalism and integrity for all employees and operations worldwide. The Policy also includes ‘whistle blowing’ facilities whereby employees may report, in confidence, suspected wrongdoings.

The trust and respect of our own employees, our customers, our shareholders, opinion formers, other stakeholders and the general public – are assets that cannot be bought. This is why all Khudairi Group’s businesses must be conducted in adherence with high ethical and legal principles as the impact of wrongdoings and unethical behavior upon the Company could be substantial.

Every employee has a right to expect Khudairi Group to maintain proper standards of performance, whether you work in research, engineering, production or maintenance, marketing, purchasing or finance and administration. Every employee has a duty to contribute to maintaining these standards by example. A heavier responsibility is borne by those who hold positions that more directly influence policy or practice as they must openly demonstrate leadership in applying ethical business practices.