Our approach to accomplish our vision is based on corporate responsibility and our shared values therefore we have formed our business principles to guide all our employees in their daily work.
Principle 1: Economic
Profitability is essential to discharging these responsibilities and staying in business. Without profits and it would not be possible to fulfill our responsibilities. It is essential to the allocation of the necessary resources and support the continuing investment to meet expectations of our customers.
Criteria for investment decisions are not exclusively economic in nature but also take into account environmental and social considerations and an appraisal of the security of the investment.
Principle 2: Business integrity
Itlalat Al-Qisa General Trading insists on honesty, integrity and fairness in all aspects of their business and expects the same in the relationships with all those with whom it does business. The direct or indirect offer, payment, soliciting and acceptance of bribes in any form are unacceptable practices.
Employees must avoid conflicts of interest between their private financial activities and their part on the conduct of company business. All business transactions on behalf of Itlalat Al-Qisa General Trading must be reflected accurately and fairly in the accounts of the company in accordance with established procedures and be subject to audit.
Principle 3: Environment
Itlalat Al-Qisa General Trading is committed to making continuous improvements in the management of our environmental impact developing a sustainable business. Itlalat Al-Qisa General Trading will work in partnership with others to promote environmental care, increase understanding of environmental issues and disseminate good practice.
Principle 4: Business partners
Itlalat Al-Qisa General Trading is committed to establishing mutually beneficial relations with our suppliers, customers and business partners. In our business dealings we expect our partners to adhere to business principles consistent with our own.
Principle 5: Competition
Itlalat Al-Qisa General Trading supports free enterprise. It seeks to compete fairly and ethically and within the framework of applicable competition laws; it will not prevent others from competing freely with it.
Principle 6: Social
Itlalat Al-Qisa General Trading owns and operates a number of businesses in different countries and cultures that impact on local communities. Our objective is to maximize opportunities and benefits for local communities, while upholding and promoting health, safety and human rights.
Principle 7: Governance
We comply with all applicable laws and regulations of the countries in which we operate. The sole test for our business conduct is however not a legalistic one, it is that we are prepared to take responsibility for our actions without the need for highly regulated direction from government.
Principle 8: Prohibited activities
We do not invest in any concerns which do not comply with applicable environmental, legal and social requirements.
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