Code of Ethics
No person or document can tell you what is right or wrong in today’s complex business situation. A detailed rules-based code of ethic removes all individual discretion and results in mechanistic decision making, where wisdom and good counceling would have been more effective and appropriate.
We therefore trust our employees to apply the following fundmental ethical principles being responsibility, honesty, fairness and respect and the ethical standards of the code in the way that results in defensible business conduct.
This document acts as a guide to the implementation of Rand Instruments Africa’s code of ethics and is intended to assist employees to make ethical decisions by exposing them to the thinking behind ethical priciples and the standards of the code.
It is important to do what is right. You should always ask yourself:
- Is this matter legal and did I checked with the company expert for verification if I am not sure?
- Will this matter be in conflict with the company core values such as integrity, safety, teamwork, continual improofment and excelence?
- Am I involving the right people?
- Would my decision be fair if I choose to act on this matter?
- How woulld I feel if this choice necessitate that I have to explain my choice in court.
The success of Rand Instruments Africa depends on our reputation, performance and how we treat others. We have to adhere and live up to the standards which are establihed in order to be successful in how we do business. The code show Rand Instruments Africa’s commitment to conducting our business where ever we operate and that we adhere to the legal requirements of the area or country in which we operate.
Ethical behavior standards
Responsibility
We hold ourselves responsible and accountable to apply Rand Instruments Africa’s resources to maximise sustainable returns to our share holders. We are committed to Rand Instruments Africa’s business with due regard to the interest of our share holders, the environment and social responsibilities. We comply with all applicable legal requirements as a minimum standard We are committed to effective corporate governance. We have implemented controls to ensure that disclosures in respect of Rand Instruments Africa’s business are not misleading and made timely. We respect and honour agreements entered into by Rand Instruments Africa.
Fairness
We treat others as we would like to be treated ourselves in similar circumstances. We base business decision on policy strategy facts and not on irrelevant factors.
Honesty
We reject all forms of dishonesty and do not tolerate dishonest acts such as corruption, bribary, fraud and misrepresentation. We avoid and report conflicts of interest with the company’s interest. We apply company assets and other resources for the purpose of business and do not use assets or resources for our personal benefit. We do not abuse our positions within the company to obtain personal benefits.
Respect
We respect acknowledege human rights and dignity. We treat out share holders with respect. We do not employ children in the work place. We do not discriminate on the basis of race, religion, Marital status, pregnancy, age, national origin, gender or sexual orientation.
Safety, Health, Environment and Quality
Safety as all staff know, is not negotiable and our highest priority. Rand Instruments Africa believe that providing a safe and secure environment and maintaining an IMS system with good third party auditing records gives us a competitive advantage, allowing us to attract the best applicants, retaining our valuable work force and winning and retaining customers.Rand Instruments Africa must comply with legislation with regards to environmental issues. All staff shall adhere to the procedures to prevent damaging the environment.
All staff is aware of our quality slogan. “Quality is never an accident, it is always the result of high intention, sincere effort, intelegent direction and skillful execution; it represents the wise choice of many alternatives”. By maintaning the highest quality standards we are currently leader in our field. We must strive to perfection to ensure that we keep our existing customer base and continuosly win new customers. We must be inovative to create sustainable business.
Drugs and Alcohol
No staff member will be allowed to enter the site whilst under the influence of alcohol and drugs. No narcotic drugs or alcohol shall be taken into any of our work sites. Person violating this rule will be subject to dissiplinary action as described by the law.
Gifts, Entertainment and Business courtecies
We shall not compromise or appear to compromise our ability to make objective “arms length” business decisions. If people believe that a business decision was made because of a gift or business courtecies and not purely on the basis of merit and sound business judgement, our reputation will be harmed. Business gifts and promotional items shall always be of nominal value. All entertainment events shall be occasional and must be reasonable and not excessive. All gifts received from our suppliers shall be declared to management and management reserves the right to tell you not to accept such gifts if it is considered to be excessive.
