Ethics & Compliance

Ethics & Compliance

We are dedicated to upholding the highest moral standards and to carrying out our operations and business in a morally and legally responsible manner. In order to help our employees and external stakeholders manage compliance risks, we have established an ethical and compliance framework with tools and processes.

The applicable laws, rules, and internal standards of Jurong terminal storage tank Pte. Ltd. (Singapore) are all in line with our compliance management system. Our goal with this approach is to establish and maintain a culture of ethics and compliance at Jurong terminal storage tank Pte. Ltd. (Singapore). Identifying compliance risks, creating suitable compliance procedures, and putting them into practice through useful strategies like training are among the responsibilities of the Ethics & Compliance Department.

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Reporting Misconduct

Our goal at Jurong terminal storage tank Pte. Ltd. (Singapore) is to create a workplace where both internal and external stakeholders feel empowered and free to express their opinions. All internal and external stakeholders of Jurong terminal storage tank Pte. Ltd. (Singapore) have access to our Ethics & Compliance “Speak Up Line,” which is run by an outside organization. At Jurong terminal storage tank Pte. Ltd. (Singapore), we’re dedicated to upholding the confidence of those we serve by conducting ourselves morally and responsibly each and every day. We have set high standards for our operations, service delivery, product development, manufacturing, and marketing, demonstrating concern and respect for individuals impacted by our work.

The company’s strategy has been driven by a strong feeling of duty to all direct and indirect stakeholders from its inception. As in the past, the company’s key values—integrity, excellence, and respect for people—form the foundation of our operations today. We have created and are still working to strengthen our ethics and compliance program as a sign of our dedication to these principles. Our governance, which includes teams devoted to supporting international bioethics, privacy, and anti-corruption initiatives, was created with the express goal of encouraging moral behavior and fostering an integrity-based culture. For the purpose of recognizing and detecting possible infractions of laws, regulations, and business policies, our personnel are required to undergo yearly training on the practical application of ethics and compliance with company standards. We are dedicated to upholding high standards for performance, ethical behavior, and products wherever we do business.

Surveillance

The CEO receives reports from the chief ethics and compliance officer, who also regularly updates the board of directors of Jurong terminal storage tank Pte. Ltd. (Singapore) ethics and compliance committee. Managing a diversified group that operates beyond the corporate and geographical boundaries, the individual in this function creates, runs, and oversees the ethics and compliance program. The company’s corporate risk management program and ethics and compliance program are supervised by the Compliance and Enterprise Risk Management Committee (CERM), which is composed of important business and functional officers. Both this committee and the board of directors’ ethics and compliance committee get quarterly reports on both programs from the ethics and compliance officer. Each year, the board of directors examines the corporate risk management plan and receives a report on the state of the various compliance components.

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