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Fook Tin believes that sound Corporate Governance encompasses:
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- "Having in place management systems and processes that make a company more accountable to shareholders and other stakeholders."
- Included in such systems and processes all important facets of Sustainable Development suited for the Company
- Having such policies, systems and processes built for continuous improvement and making them transparent to stakeholders to the extent possible
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Embedded within the present "Sustainable Development" reporting and other areas on the website are examples how Fook Tin emphasizes corporate governance. In addition, we strongly believe in business ethics by adhering to Employee and Business Code of Conducts.
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Fook Tin deeply believes that honesty, fairness and integrity are important values to the company, employees and business colleagues. In respect of this matter, Fook Tin establishes Codes of Conducts to employees and business colleagues , which include the following principles:
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- Anti-corruption
- Fair and open competition
- Supplier management including Integrity Undertaking
- Avoidance of conflicts of interest against employees and business colleagues
- Financial Integrity
- Guidelines to prohibit employee in the acceptance request or offer of gift and gratuity, the engagement of loan and gambling activities with business colleagues that may affect business decision
- Proper use of Company's name, resources and property, including trademark and intellectual properties
- Prevention and prohibition of disclosure of confidential information or trade secrets
- Abiding by the law, and the prohibition of unlawful, improper, or unethical activities
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