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.
Khudairi Group’s Ethics Policy aims to ensure that the Company’s business is conducted in adherence with strong 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 priceless assets that cannot be bought. This is why all Khudairi Group’s businesses must be conducted ethically, as we understand that the impact of wrongdoings and unethical behavior can be substantial and irreversible.
Every Khudairi Group employee has the right to expect the Company to maintain proper standards of performance, whether you work in research, engineering, production, maintenance, marketing, purchasing, finance, or 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 directly influence policy, as they are expected to demonstrate leadership in applying ethical business practices.