Code of Business Conduct - Leighton Asia
Code of Business Conduct - Leighton Asia Code of Business Conduct - Leighton Asia
Code of Business ConductReferencesLAIO Authority MatrixLAIO Standards and Procedures are being developed and will be made available inthe LAIO Management System.Leighton Asia, India and Offshore Revision 430 November 2014 Page 26 of 46
Code of Business Conduct4.3. Working with subcontractors and other thirdpartiesSubcontractors and other third parties with whom LAIO works can make asignificant contribution to the success of LAIO. We aim to have effectivebusiness relationships with subcontractors and other third parties, and toencourage them to adopt similar business practices and procedures tothose of LAIO.Our commitmentThrough their actions, subcontractors and other third parties can directly impact thefinancial performance and profitability of LAIO, as well as adding to, or detractingfrom, its reputation.Wherever possible, LAIO seeks to establish a collaborative relationship withsubcontractors and other third parties. In general terms, LAIO seeks subcontractorsand other third parties who share our commitment to:• Lawful business practices conducted according to a high standard of ethicalbehaviour and conduct• Providing a safe and healthy workplace• Minimising the impact on the environment• Management practices that respect the rights of all LAIO Employees and thelocal communityYour responsibilityYou must:• Carry out enquiries before selecting and engaging a subcontractor or other thirdparties such as agents and representatives to determine they do not presentunacceptable reputational risks, including bribery or corruption, political, security,trade sanction, international boycott or other such risks. The enquiries will varydepending on the nature of the proposed relationship, but will typically seek toensure that:o The party is reputable, competent and qualified to perform the work for whichit is being hiredoooThe compensation sought is reasonable (in line with industry standards) andcommensurate with services providedThe proposed arrangement complies with all applicable legal requirementsThere is no conflict of interest that would make engagement of the partyinappropriate (for example, an outside interest or association of theresponsible Leighton person with the third party, or the third party is agovernment official, or a close relative of a government official)• Where such enquiries result in negative indicators or “red flags”, then anassessment process, which is recorded, should be undertaken which involvesthe legal team and the Business Conduct Representative in your businessLeighton Asia, India and Offshore Revision 430 November 2014 Page 27 of 46
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<strong>Code</strong> <strong>of</strong> <strong>Business</strong> <strong>Conduct</strong>4.3. Working with subcontractors and other thirdpartiesSubcontractors and other third parties with whom LAIO works can make asignificant contribution to the success <strong>of</strong> LAIO. We aim to have effectivebusiness relationships with subcontractors and other third parties, and toencourage them to adopt similar business practices and procedures tothose <strong>of</strong> LAIO.Our commitmentThrough their actions, subcontractors and other third parties can directly impact thefinancial performance and pr<strong>of</strong>itability <strong>of</strong> LAIO, as well as adding to, or detractingfrom, its reputation.Wherever possible, LAIO seeks to establish a collaborative relationship withsubcontractors and other third parties. In general terms, LAIO seeks subcontractorsand other third parties who share our commitment to:• Lawful business practices conducted according to a high standard <strong>of</strong> ethicalbehaviour and conduct• Providing a safe and healthy workplace• Minimising the impact on the environment• Management practices that respect the rights <strong>of</strong> all LAIO Employees and thelocal communityYour responsibilityYou must:• Carry out enquiries before selecting and engaging a subcontractor or other thirdparties such as agents and representatives to determine they do not presentunacceptable reputational risks, including bribery or corruption, political, security,trade sanction, international boycott or other such risks. The enquiries will varydepending on the nature <strong>of</strong> the proposed relationship, but will typically seek toensure that:o The party is reputable, competent and qualified to perform the work for whichit is being hiredoooThe compensation sought is reasonable (in line with industry standards) andcommensurate with services providedThe proposed arrangement complies with all applicable legal requirementsThere is no conflict <strong>of</strong> interest that would make engagement <strong>of</strong> the partyinappropriate (for example, an outside interest or association <strong>of</strong> theresponsible <strong>Leighton</strong> person with the third party, or the third party is agovernment <strong>of</strong>ficial, or a close relative <strong>of</strong> a government <strong>of</strong>ficial)• Where such enquiries result in negative indicators or “red flags”, then anassessment process, which is recorded, should be undertaken which involvesthe legal team and the <strong>Business</strong> <strong>Conduct</strong> Representative in your business<strong>Leighton</strong> <strong>Asia</strong>, India and Offshore Revision 430 November 2014 Page 27 <strong>of</strong> 46