Ethics & Compliance
Conducting operations in accordance with the highest business ethical standards, complying with all statutory regulations and globally accepted standards of a good corporate citizen.
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Core Values
Guiding every decision
Ethics & Compliance
Commitment to the Highest Ethical Standards
OGDC ensures that all operations are conducted in accordance with the highest business ethical considerations, complying with all statutory regulations and globally accepted standards of a good corporate citizen. Our core values, merit, integrity, teamwork, safety, dedication, and innovation form the bedrock of our corporate culture.
The Company has adopted comprehensive Codes of Conduct for both Directors and Employees to foster these core values, ensuring transparency, accountability, and ethical behavior at every level of the organization.
Our Standards
Code of Conduct
Probity & Integrity
- Conduct with probity, propriety, objectivity, integrity and honesty
- Uphold reputation and credibility of the Company
- Meet Fit and Proper Criteria under applicable laws
Equality & Procurement
- Transparent, merit-based appointment practices
- Competitive procurement free from favoritism
- Compliance with all public procurement regulations
Prevention of Improper Influence
- No political, commercial, or personal influence on duties
- Decisions based on objective criteria
- Best interest of the company at all times
Trading & Information
- Insider trading strictly prohibited
- Non-public information treated as confidential
- Public disclosures only with Board approval
Governance
Anti-Corruption Framework
The Board oversees the development and enforcement of an effective anti-corruption framework extending to all third parties — agents, consultants, contractors, suppliers, and joint-venture partners.
Zero Tolerance
No bribery, kick-backs, payoffs, or corrupt business practices — direct, indirect, public, or private.
Third-Party Due Diligence
Verification of beneficial ownership, reputation assessment, and compliance confirmation for all third parties.
Gifts & Hospitality
No soliciting or accepting benefits that could compromise independence. All gifts immediately declared and registered.
Continuous Review
Framework reviewed regularly for suitability and effectiveness in light of evolving risks and best practices.
Company Resources & Record Keeping
Exclusive Official Use
Assets, funds, and resources are used exclusively for the benefit of the Company and its shareholders. Unauthorized or personal use is strictly prohibited unless specifically approved by the Board.
Accurate Record Keeping
Books and records accurately reflect all transactions in accordance with IFRS. Material departures must be reported to the Audit Committee, Board of Directors, and statutory auditors.
Business Travel
Travel is undertaken strictly for official purposes in a transparent and cost-effective manner. Any crossover with personal travel must be explicitly authorized by the Board.
Confidentiality & Data Privacy
The Company respects the privacy of personal data. Employees must maintain confidentiality of Company and customer information. No employee may take advantage of Company information, property, or position for inappropriate personal gains or opportunities.
Beyond Compliance
Corporate Responsibility
ESG Principles
Integrating Environmental, Social, and Governance principles into operations, minimizing environmental impact, promoting sustainable growth, and maintaining robust governance practices.
Health, Safety & Environment
Providing a safe, healthy, and environmentally responsible workplace in line with industry best practices. Employees must observe all HSEQ rules and cooperate fully in emergency preparedness.
Diversity & Inclusion
Equal opportunities irrespective of gender, culture, race, religion, or creed. Committed to maintaining a safe, respectful, and inclusive workplace where every employee is empowered.
Whistleblower Protection
Secure and confidential two-way channels for reporting unethical behavior. Full protection against retaliation for reports made in good faith. Retaliation is itself a serious violation.
Monitoring, Enforcement & Resources
The Board, through the Audit Committee, oversees compliance with the Code and ensures the effectiveness of monitoring mechanisms. Each Director and Employee is individually responsible for complying with and upholding the Code.
Employee Declaration
All employees sign a formal declaration confirming they have read, understood, and agreed to comply with the Code of Conduct. Compliance is a condition of continued employment — employees affirm their commitment to uphold the Company's values.