Social responsibility
The Group supports the growing awareness of social, environmental and ethical matters when considering business practices. This statement provides an outline of the policies in place that guide the Company and its employees when dealing with social, environmental and ethical matters in the workplace.
Code of Conduct
The Group maintains and requires the highest ethical standards in carrying out its business activities in regard to dealing with gifts, hospitality, corruption, fraud, the use of inside information and whistle-blowing.
Equal Opportunity and Diversity
The Group promotes and supports the rights and opportunities of all people to seek, obtain and hold employment without discrimination. It is our policy to make every effort to provide a working environment free from bullying, harassment, intimidation and discrimination on the basis of disability, nationality, race, sex, sexual orientation, religion or belief.
Employee Welfare
The Group aims to assist employees at all levels to improve their professional abilities and to develop their skills.
The Group will practice manpower and succession planning in regard to the number and type of personnel resources that will be required in the future. Individual career progression activities are developed with this in mind.
Joint Venture Partners, Contractors and Suppliers
The Group is committed to being honest and fair in all its dealings with partners, contractors and suppliers. The Group has a policy to provide clarity and protection, within its terms of business, to ensure the delivery and receipt of products and services at agreed standards. The Group also closely guards information entrusted to it by joint venture partners, contractors and suppliers, and seeks to ensure that it is never used improperly.
Operating Responsibly and Continuous Improvement
The Group is committed to a proactive quality policy to ensure that stakeholders are satisfied with the Group's results and the way in which the business operates and to promote continuous improvement in the overall operation of the Group. In pursuit of these objectives, the Group will use recognised standards and models as benchmarks for its management system.
Environmental Policy
The Group adopts an environmental policy which sets standards
which meet or exceed industry guidelines and host government
regulations. This will be reviewed on a regular basis.
As part of our environmental assessment, Chariot employed marine
mammal observers to travel on board the seismic vessel. These
observers were able to compile marine mammal and bird count
statistics which will assist in the preparation of future
environmental impact assessments. Social impacts will also form
part of these assessments and preliminary work in this area will
consider the impact of the Namibian coastline in the event that it
becomes a petroleum province.
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14:40 29/07/2010
Shares in issue: 144,330,245
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