Panaleco Freight & Trade Ltd (“the Company”) is committed to the practice of responsible corporate behaviour. Through its business practices the Company seeks to protect and promote the human rights and basic freedoms of all its employees and agents.
Further the Company is committed to protecting the rights of all of those whose work contributes to the success of the Company, including those employees and agents of suppliers to the Company. The Company is also committed to eliminating bribery and corruption. It is essential that all employees and persons associated with the Company adhere to this policy and abstain from giving or receiving bribes of any form.
This policy is non-exhaustive, and all aspects of the Company’s business should be considered in the spirit of this policy.
The Company is committed to complying with all relevant employment legislation and regulations. The Company regards such regulations and legislation as the minimum rather than the recommended standard. Workers rights:
The Company does not accept any corporal punishment, harassment in any form, or bullying in any form.
The Company is committed to keeping the environmental impact of its activities to a
minimum and has addressed all related environmental issues in the Quality Policy in order
help achieve this aim.
As an absolute minimum, the Company will ensure that it meets all applicable environmental laws in whichever jurisdiction it may be operating.
The Company holds as fundamental to its success the trust and confidence of those with whom it deals, including clients, suppliers and employees. Conflicts of interest potentially undermine the relationship of the Company with its partners.
In order to help preserve and strengthen these relationships the Company has developed
a series of rules and guidelines concerning the conduct of its officers and employees
aimed at minimising the possibility of conflicts of interest and at avoiding risks associated
with bribery and corruption.
All officers, employees and representatives of the Company are expected to act honestly and within the law.
Information received by employees, contractors or agents of the Company will not be used for any personal gain, nor will it be used for any purpose beyond that for which it was given.
The Company will at all times ensure that it complies with all applicable requirements of data protection legislation in force from time to time.
The Company expects all suppliers and partners to work towards and uphold similar ethical and moral standards.
The Company will investigate the ethical record of potential new suppliers before entering into any agreement. Further, the Company reserves the right to request information from suppliers regarding the production and sources of goods supplied.
The Company reserves the right to withdraw from any agreement or other arrangement with any supplier or partner who is found to have acted in contravention of the spirit or principles of this Ethical Policy.
The Company is fundamentally opposed to any acts of bribery and to the making of facilitation payments as defined by Legislation and by PFT-G-07-02-Anti-Bribery Policy.
Employees and any other persons associated with the Company such as agents, subsidiaries and business partners are not permitted to either offer or receive any type of bribe and/or facilitation payment.
All employees are encouraged to report any suspicion of corruption or bribery within the
Should any employee or associated person be in doubt when receiving or issuing gifts must refer to PFT-G-07-02-Antibribery Policy or inform / discuss it with the Managing Director
If an employee or associated person is found guilty of giving or receiving a bribe, he/she will be personally criminally liable and may be subject to disciplinary action. Anyone found guilty of bribery, will be responsible for bearing any related remedial costs such as losses, court fees or expenses.