In last two decades, Rescom has diversified from single product trading company to multi product trading, mining and operations, processing units. The company is now diversifying into other areas of business like healthcare and farming besides expanding in the current business through mergers and acquisitions in its core sector of mineral exploration and trading. With a humble beginning in the UAE, it has diversified into various countries like India, Indonesia, Thailand, Malaysia, Africa and carrying out businesses. With such expansion and plans to expand further in terms of sectors and geography, it is imperative to have a structured and defined Corporate Governance policy.
Our corporate governance philosophy are based on following:
The corporate governance policy of Rescom is structured and is a systematic process to direct and control various business entities in various geography to enhance the shareholder's value. The corporate Governance in the company is effected through three levels of direction and control:
The above system and structure of the governance provides and enhances ownership, transparency, decentralization and control at all levels. Rescom believes that at all levels must own its deed and have been empowered to take strategic and operational decisions to meet the objective of enhancing shareholder values. The company always thrives to follow best practices in the Governance system and follow the land of the land in whichever country we operate.
Rescom's code of conduct are based on following organizational values:
The code of conduct in Rescom aims to detail how we behave with our employees, business partners, stakeholders, government agencies and all other who are directly or indirectly involved in our business. We are committed to protect our reputation by adhering to the values and principles entailed in our code of conduct.
Our leaders and Senior management are responsible to create a conducive environment to work based on integrity, passion, mutual respect, tolerance, diligent and respect for individual privacy.
Our employee's conduct are directed primarily by good sense and adherence to the Company's basic tenets: integrity, respect for the individual, cooperation, and building a winning team. No set of policies can anticipate every instance when proper conduct might become an issue, so the Company relies on employees to use their best judgment before acting in any given situation. The Company expects employees to maintain the highest standards of ethical conduct in every business relationship -- with colleagues, customers, vendors and even competitors.
The Company desires to make the workplace a safe and comfortable place to be. Violence in the workplace is strictly prohibited and will not be tolerated by the Company. Employees may not engage in any conduct, whether verbal or physical, which intimidates, endangers or creates the perception of intent to harm persons or property while in the Company facilities or at a Company sponsored function.
The Company believes in respecting the dignity of every employee and expects every employee to show respect for all employees, guests, customers, and vendors. Respectful, professional conduct furthers the Company's mission, promotes productivity, minimizes disputes, and enhances our reputation. Accordingly, this policy forbids any unwelcome conduct that is based on an individual's sex, race, color, religion, gender, national origin, age, disability, ancestry, medical condition, marital status, veteran status, citizenship status, sexual orientation, or any other protected status of an individual or that individual's associates or relatives. The Company is thus committed to providing a work environment that is free of unlawful discrimination, including harassment that is based on any legally protected status.
The Company anticipates a mutually beneficial relationship between the Company and each of the employees. Therefore, employment with the Company is at the will of each of the parties.
Every employee is responsible for safety. To achieve our goal of providing a completely safe work place, everyone must be safety conscious.Drug and alcohol use is highly detrimental to the work place and to the efficiency and productivity the Company desires to promote. The use, possession, distribution or sale of drugs or alcohol, or being under the influence of drugs or alcohol, is strictly prohibited while on duty, while on the Company's premises or while operating a vehicle owned or leased by the Company.
A detailed code of conduct and actions to report the non-compliance is detailed out in Company's Code of Conduct Policy.