Our values

As a joint venture enterprise, we have responsibilities in many areas and to numerous different stakeholders: customers, staff, shareholders, as well as business partners, contractors and suppliers, all of whom have their own individual expectations of us.

Wherever we are involved, our area of concern is shared with many other different interest 04 C o d e o f C o n d u c t groups: sister companies, governments, political interests, regulatory authorities, civil society and local residents.

All these interest groups measure our activities and us by high values.

Therefore, we aim to develop and demonstrate clear and convincing standards.

In establishing our fundamental values and our monitoring and reporting systems we are guided by the UN Global Compact, recognized best practices and we base our general behavior on the following principles :

• To support and respect the protection of international human rights within our sphere of influence.
• To make sure that we are not complicit in human rights abuses.
• To uphold freedom of association and the effective recognition of the right to collective bargaining.
• To encourage the elimination of all forms of forced and compulsory labor.
• To encourage for the effective abolition of child labor.
• To support the elimination of discrimination with respect to employment and occupation.
• To support a precautionary approach to environmental challenges.
• To undertake initiatives to promote greater environmental responsibility.
• To encourage the development and diffusion of environmentally friendly technologies.
• To work against all forms of corruption, including extortion and bribery.

Our Health, Safety and Environment Reports are being developed on a modular basis, in stages, so that in the medium term we can monitor and report openly on all core aspects of corporate social responsibility.

All of the following corporate principles are subordinated to this principle of equal opportunity.

In some cases, however, SEREPT will not be able to deploy staff of a particular group or gender in a particular area due to security reasons.