Code of Ethics
All PEVCO management and employees are responsible for adhering to ethical business practices, both by the company policies and by the laws prevailing. All employees are responsible to report any behavior that is deemed to be contrary to good business ethics to the company. In addition, it is the company's responsibility to report any unlawful conduct to the necessary authorities.
Article 1: Declaration of principles
All Members shall perform work only in their areas of competence. All our Members recognize that, each scope requires expertise and strict attention to safety of self and others.
Article 2: Professionalism
PEVCO has been built on professional and personal respect in all its dealings. As a company, it guides its conduct by principles, such as honesty, integrity, loyalty and human kindness. It is also PEVCO’s responsibility to adhere closely to the laws of the respective countries where it is practicing business. The company also endeavors to maintain a good working environment by honest, open and effective communication with all stakeholders.
Article 3: Conflicts of Interest
PEVCO will not allow bribes in the form of evading customs, obtaining false documents, lowering tax assessments and/or any form of a bribe. PEVCO employees and management will not solicit any gifts or gifts of cash that would compromise or influence them to make unsound business decisions. All employees and management will strive to act only in the best interests of the company. Any conflict of interests, which will make it difficult for an employee or management to act in the best interests of the company, should be avoided. Any work that would only benefit the personal gain of the individual at the expense of the company, which would constitute improper gain, would be a conflict of interest to the company. PEVCO recognizes the right of employees and management to take part in financial and business activities outside of their company work, but these should not be at the expense of the company or in conflict with its business interests. Any such activity would compromise their personal judgment within the company. Any employee or management of PEVCO may not work as employees or consultants to outside companies that would constitute competitors, or potential business partners with PEVCO , without the prior consent of the company management.
Article 4: Proper Use of Assets
PEVCO abides by the terms of each respective contract. Any asset being procured, maintained or in any stage of process is accurately analyzed, accounted for in accordance to company policies and and exisitng laws or guidlines . All employees and management are expected to be prudent with Company assets. This includes protecting company assets from loss, theft, misuse, damage and waste. Proper use of assets also includes proper use of work time and company property.
Article 5: Confidentiality
Employees and management must maintain confidentiality on matters of business or financial importance. This obligation extends beyond the term of employment with the company. As applicable, the company will request an employee to complete a Non Compete and Confidentiality Agreement.
Article 6: Discrimination and Harassment
PEVCO does not tolerate any discrimination due to, race, cultural or spiritual background of any employees or management. It is believed that all employees and management will act with professionalism free from bias or harassment.
Article 7: Compliance
PEVCO is committed to comply with all laws, and regulations in any jurisdiction in which it chooses to operate as a company. All employees and management are expected to inform themselves to the best of their ability of all laws and regulations governing their business in the district they are operating in, and to adhere to such. It is also PEVCO policy that neither the company, nor its employees or management shall accept, pay for or promise to give anything to any government official, Government Department, political party or Government committee for any purpose other than in accordance to the law.
Article 8: Health & Safety
PEVCO shall endevour to practice it's business in compliance with the safety regulations governing the industry, Laws and with applicable standards. All employees and management will be helped to maintain a healthy and happy outlook while working for the company.
