Dedicated to maintaining the highest standards of integrity and ethical conduct, Ghobash Group’s compliance program is designed to ensure adherence to all applicable laws, regulations, and industry standards.
Our Code of Conduct outlines the values, principles and guidelines that govern our business practices to ensure that all our employees, partners, investors, and stakeholders understand how we do business and what they can expect of us. These standards are aimed at maintaining our reputation and trust.
It is designed to assist all our stakeholders with practical guidance and illustrative examples aimed at navigating difficult situations which might be encountered across daily work. It also highlights Ghobash Group’s policies and relevant legal regulations, which provide essential context for many of the topics addressed in our Code and Compliance program. By understanding these policies and laws, you can make informed decisions that align with our values and compliance standards, ultimately fostering a better work environment for everyone.
We are committed to complying with all relevant regulations and laws in the jurisdictions where we operate. This includes, but is not limited to:
Personal data must be processed for valid legal reasons, which include a) The data subject’s consent. b) Compliance with legal obligations. c) Tasks in the public interest or exercising official authority. d) Performing or entering into a contract with the data subject. e) Protecting the vital interests of the data subject or others. f) Pursuing legitimate interests of Ghobash Group or a third party, unless overridden by the rights or interests of the data subject.
We are committed to fostering the healthy growth of the communities in which we operate and regard this as a fundamental responsibility that accompanies our license to conduct business across various countries. By adhering to the rule of law and exemplifying ethical business practices, our objective is to contribute positively to the well-being and prosperity of these communities, ensuring a collaborative and sustainable relationship that benefits all stakeholders involved.
International anti-corruption laws govern all our operations. It is impermissible to offer, provide, authorize, or receive any form of bribe or kickback, whether directed towards public officials or private individuals. Furthermore, we do not engage third parties to undertake actions that we are not permitted to execute ourselves, such as the payment of bribes. Consequently, third parties acting on behalf of Ghobash Group must unequivocally refrain from giving or receiving bribes.
As a responsible corporate citizen, we acknowledge our ongoing duty to the environment and the critical importance of actively participating in the protection and enhancement of our natural resources. We are dedicated to taking meaningful actions that minimize our negative impact on the environment while maximizing our positive contributions, fostering sustainability for future generations. Ghobash Group operates in accordance with numerous governmental regulations and environmental laws that establish essential minimum standards for environmental protection. However, we aspire to exceed these basic requirements, aiming to implement robust sustainability practices that reflect our commitment to environmental stewardship and social responsibility. By continuously improving our operations and embracing innovative solutions, we strive to set a higher benchmark for conduct within our industry and contribute positively to the communities we serve.
At Ghobash Group, our employees may encounter situations that pose ethical dilemmas. In such instances, we encourage them to “Speak Up” and seek clarification about their responsibilities while also feeling comfortable reporting any concerns or instances of non-compliance. Employees are encouraged to discuss any questions or concerns with their immediate supervisor or to reach out to individuals and departments who are equipped to assist, such as Human Resources, Legal, or Internal Audit. Open communication is key to maintaining our shared commitment to ethical practices.
All employees engage in introductory and ongoing ethics and compliance training. These sessions inspire them to ask questions and explore how to embody our Code of Conduct and other compliance policies in their daily work practices.
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