Farmcochem’s Code of Conduct & Ethics policy aims to provide our employees, directors, stakeholders and third-parties with guidelines on our business conduct and ethics.
This code details the acceptable behaviours when conducting business or work for and on behalf of our Company. It emphasizes the principles of discipline, good conduct, professionalism, loyalty, integrity and cohesiveness that are critical to the success and well-being of our business.
This code may not cover all the applicable laws and regulations within the jurisdictions of our operations. If there is a conflict between the applicable law and the rules of this code, the applicable law shall prevail.
Vision and Purpose of our Company
To be the 1st BRAND CHOICE in every market that we serve
Provide Agro-Solutions SO GOOD, that anyone can GROW
Our Core Values
Our core values support our Company’s Vision and Purpose. They represent the beliefs, philosophies and principles that drive our business.
The conduct of our employees, directors and stakeholders shall be guided by our Core Values. We commit to behaviours that are consistent to our Core Values in all of our work activities.
Integrity means following your moral or ethical convictions and doing the right thing in all circumstances, even if no one is watching you. Having integrity means you are true to yourself and would do nothing that demeans or dishonours you.2. Learn & grow always
Lifelong learning is a key to success. In today’s fast-paced world, if you don’t keep learning, you’re not standing still, you’re falling behind. “Learn faster than the world changes. In a world that never stops changing, you can never stop learning and growing.” Keep Learning, Keep Growing, Keep Succeeding.3. We care
The idea of a culture of caring encompasses many things: leaders caring about employees, employees caring for each other and for customers, and everyone in the company caring about the company's purpose. To form a culture of we care in a team / organisation.4. Find better ways to do things
The best you can do and the best something can be done are two entirely different things. Make changes in something and use better ways to complete the tasks / jobs / projects with more efficient way.5. Own it
Ownership in the Workplace. Ownership is taking the initiative to bring about positive results. It means not waiting for others to act, and caring about the outcome as much as an owner of the company would.6. We work as a team
A team is a group of people who work together toward a common goal. Each member is responsible for contributing to the team, but the team as a whole is responsible for the team’s success or failure. Teamwork involves a set of interdependent activities performed by individuals who collaborate toward a common goal. We work as a team for a same goal together
Our Ethical Framework
Together with our Core Values, we commit to the Ethical Framework in our Code of Conduct & Ethics to guide actions, behaviours and decisions of all Directors and Employees of our Company.
Principle 1: Avoid Conflict of Interest
We must avoid any relationship or activity that might impair, or even appear to impair, our ability to make objective and fair decisions when performing our jobs. All potential conflicts should be highlighted to Human Resources.
Some examples of conflict of interest include:
- Being employed (you or a close family member) by, or acting as a consultant to, a competitor or potential competitor, supplier or contractor, regardless of the nature of the employment.
- Serving as a board member for an outside commercial company or organization.
- Owning or having a substantial interest in a competitor, supplier or contractor.
- Having a personal interest, financial interest or potential gain in any Farmcochem transaction.
- Accepting gifts, discounts, favours or services from a customer/potential customer, competitor or supplier, unless equally available to all Farmcochem employees.
Principle 2: Corrupt Practices are Strictly Prohibited
We do not tolerate any form of bribery and corruption. All employees and directors of our Company are placed in a position of trust and therefore, are expected to be honest and impartial when carrying out their duties to maintain the integrity of the Company. Directors and employees must comply strictly all provisions of the Malaysian Anti-Corruption Commission Act (MACC) 2009 accordingly.
Principle 3: Acceptance and Provision of Gifts and Entertainment
All directors and employee are prohibited from receiving, seeking or soliciting gifts from third-parties with the intention of corruption and bribery. The Company prohibits the making and receiving of improper gifts, entertainment and travel which may influence business decisions. Directors and employees must comply at all times with all applicable laws and regulations related to the use of gifts, entertainment and travel in all countries in which we operate or have business dealings with. If in doubt, please consult with Human Resources.
Principle 4: Fraudulent Acts
All employees and directors shall not partake any form of fraudulent acts or any dishonest conducts involving property or assets, or on the financial reporting and accounting of the Company or third parties. This may not only entail sanctions but also result in criminal charges.
Principle 5: Compliance with laws & regulations
Our commitment to integrity begins with complying with laws, rules and regulations where we do business. Further, each of us must have an understanding of the company policies, laws, rules and regulations that apply to our specific roles. If we are unsure of whether a contemplated action is permitted by law, we should seek the advice from the resource expert. We are responsible for preventing violations of law and for speaking up if we see possible violations.
Principle 6: Competition
We are dedicated to ethical, fair and vigorous competition. We will conduct business based on the merit of our products and services, superior quality, functionality and competitive pricing. We will make independent pricing and marketing decisions and will not improperly cooperate or coordinate our activities with our competitors. We will not offer or solicit improper payments or gratuities in connection with the purchase of goods or services or the sales of its products or services.
Principle 7: Health & safety
The Company is dedicated to maintaining a healthy workplace environment. All employees shall observe and comply with Occupational Safety and Health laws and regulations. In the event of doubts, please consult the Health & Safety Officer or Human Resources.
Principle 8: Sexual harassment & violence
The Company has a zero tolerance approach to any form of harassment and violence. Any employee who believes that he/ she has been subjected to harassment can lodge a report to Human Resource who will be responsible to review the case and consider the appropriate course of action where applicable.
Principle 9: Respect, equal and non-discrimination
We shall treat every individual with respect and dignity, aligned to our Core Values. We are an equal opportunity employer and hiring decisions shall be based on merits and performance without regard to race, religion, gender, age, nationality or disability. We do not any form of discrimination or prejudice in the workplace.
Principle 10: Use of Company resources
Company resources, including time, material, equipment and information, are provided for company business use. Nonetheless, occasional personal use is permissible as long as it does not affect job performance or cause a disruption to the workplace.
We will not tolerate the use of company resources to create, access, store, print, solicit or send any materials that are harassing, threatening, abusive, sexually explicit, political or otherwise offensive or inappropriate. Questions about the proper use of company resources should be directed to your manager.
Principle 11: Confidential and Proprietary Information
Integral to our business success is our protection of confidential company information, as well as non-public information entrusted to us by employees, customers and other business partners. Confidential and proprietary information includes (amongst others) such things as pricing and financial data, customer names/addresses or non-public information about other companies, including current or potential supplier and vendors. We will not disclose confidential and non-public information without a valid business purpose and proper authorization.
Principle 12: Records management & control
We create, retain and dispose of our company records as part of our normal course of business in compliance with all Farmcochem’s policies and guidelines, as well as all regulatory and legal requirements.
All corporate records must be true, accurate and complete, and company data must be promptly and accurately entered in our books in accordance with Farmcochem’s and other applicable accounting principles.
We must not improperly influence, manipulate or mislead any unauthorized audit, nor interfere with any auditor engaged to perform an internal independent audit of our Company’s books, records, processes or internal controls.
Principle 13: Comply with internal controls & procedures
We shall comply with internal controls and procedures to ensure that risk are managed to the best of our ability and that all financial and operational information and decisions are properly safeguarded.
Accountability to the Code of Conduct & Ethics
Each of us are responsible for knowing and adhering to the values and standards set forth in this Code and for raising questions if we are uncertain about company policy.
If we are concerned whether the standards are being met or are aware of violations of the Code, we must contact the HR department.
The Company takes seriously the standards set forth in the Code, and violations are cause for disciplinary action up to and including termination of employment.
Review of the Code
The Code shall be reviewed regularly to ensure it remains relevant and appropriate.