ETHICS & COMPLIANCE

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ETHICS & COMPLIANCE

Integrity lies at the heart of GULF LLOYDS. The trust that we inspire in our customers and stakeholders is the key to our success as an organization and as individuals.

INTEGRITY AT GULF LLOYDS

Integrity lies at the heart of GULF LLOYDS. The trust that we inspire in our customers and stakeholders is the key to our success as an organization and as individuals.

As leaders in our industry, we hold ourselves to the highest standard of professional behavior.  The GULF LLOYDS Code of Integrity defines the main principles of professional integrity for the GULF LLOYDS Group and is an expression of the values that are shared throughout our organization, our businesses and our affiliates.

We are committed to a culture where issues of integrity and professional ethics can be raised and discussed openly. Guidance and support is available to help employees and other stakeholders acting on behalf of, or representing, our organization to understand the Code and to help them make the right decision when faced with an ethical dilemma.

GULF LLOYDS was the first inspection company to implement a global integrity training program for its employees. Our GULF LLOYDS Group compliance program, based on our GULF LLOYDS Code of Integrity, exists to ensure that the highest standards of integrity are applied to all our business activities worldwide, in accordance with international best practice.

Our Annual Integrity Training Program acts as a periodic refresher of the principles of the Code and is conducted by each supervisor and manager with responsibility for staff. A record of participation is kept to ensure that all staff complete the training each year. Specific integrity training sessions for supervisors and managers are also conducted.

BUSINESS PRINCIPLES

  • INTEGRITY- MAKING SURE WE BUILD TRUST
  • HEALTH & SAFETY- MAKING SURE WE ESTABLISH SAFE AND HEALTHY WORK PLACES
  • QUALITY & PROFESSIONALISM- MAKING SURE WE ACT AND COMMUNICATE RESPONSIBLY
  • RESPECT- MAKING SURE WE TREAT ALL PEOPLE FAIRLY
  • SUSTAINABILITY- MAKING SURE WE ADD LONG-TERM VALUE TO SOCIETY
  • LEADERSHIP- MAKING SURE WE WORK TOGETHER AND THINK AHEAD

At Gulf Lloyds, we are convinced that the use of principles and value-driven management practises achieve more efficient and competitive results, thereby ensuring profitable and sustainable growth.

The Gulf Lloyds corporate reputation is one of our group's most valuable assets and a key component in service developments. Impartiality, independence and integrity are therefore the cornerstones of our Code of Ethics.

All of these values are shared and endorsed by our team, so reinforcing our group's unity and cohesion, which will in turn help us achieve our strategy of sustainable and profitable growth.

In 2018, the Code of Ethics was reviewed and reformulated. The launch of our new Code of Ethics is supported by an extensive implementation programme to ensure that all employees have read and understood it; that directors are familiar with the internal policies and procedures of the Code and that Gulf Lloyds has implemented an effective Compliance Programme.