Alba launches key code of conduct
Manama, June 22, 2011
Aluminium Bahrain (Alba) has demonstrated its dedication to pursue and strengthen sound corporate governance, transparency, and industry best practices by launching its code of conduct booklet.
The booklet was launched at a ceremony attended by Alba's chief executive Laurent Schmitt and other company officials on Tuesday.
The code outlines ethical parameters that govern the organisation, set rules in the way business is conducted, provide guidelines for interactions with customers, suppliers and other external bodies, enhance transparency, and ensure organisational behaviour remains in line with the values of the company.
Chief internal auditor and risk officer Bryan Harris led the team responsible for drafting the code, which was developed with input from every department, representing a diverse cross-section of nationalities, genders, religions, ages and organisational levels.
'This code of conduct is a message to ourselves and the outside world about what we stand for,' said chairman Mahmood Al Kooheji.
'It is in line with the highest global benchmarks and on par with the best codes of conduct of leading international companies.'
'Yet it was made 100 per cent in Alba - it brought in the best ingredients from around the world, refined them in the furnace of the smelter, and cast the product in the cast-house,' Al Kooheji said.
'Having the code is not enough. To build a reputation as a company of integrity, and as a leader in ethics and transparency, our words need to be backed by a change in our own personal behaviour, and in our culture as a company,' he stated.
'We believe in upholding the highest standards of ethical and professional behaviour in everything we do,' added Schmitt.
'This code of conduct outlines the behaviour expected of each of us in relation to our employment. It enshrines our shared beliefs in the basic principles of honesty, fairness, integrity and respect for people,' he remarked.
This code, Schmitt said, provided each one with a set of basic guidelines designed to prevent actions that may reflect badly on the employee or the organisation.
'We must all promote trust, openness, teamwork, professionalism and pride in what we do. We will conduct our business in a safe, ethical, professional, environmentally sustainable and socially responsible manner,' he added.-TradeArabia News Service