The BP Group has implemented an Anti-Bribery and Corruption Policy which is approved by the board of Boustead Projects Limited, and reviewed on a regular basis. The latest version of the BP Group’s Anti-Bribery and Corruption Policy may be accessed here.
The BP Group has also implemented a Whistleblowing Policy which is established to give BP Group employees the assurance that they will be protected from reprisal or victimization for whistleblowing in good faith, and to provide proper avenues for employees to raise concerns about actual or suspected improprieties, so as to deter wrongdoing and promote good corporate practices. The avenues of reporting are identified on the BP Group’s website and are available to both BP Group employees and third parties outside the BP Group, such as suppliers, sub-contractors, clients and members of the public.
The Whistleblowing Committee of the BP Group reviews all whistleblowing reports and updates the Audit & Risk Committee of all whistleblowing reports received.
Any concern regarding improper, unethical or unlawful conduct may be reported to the Whistleblowing Committee via the following channels:
The report should be addressed to the Chairman, Audit & Risk Committee at the address below:
Boustead Projects Limited
The report should be submitted with the following particulars:
|Raising of Suspicion||
Reports will be forwarded to the members of the Whistleblowing Committee, which consist of (1) a member of the Audit & Risk Committee, (2) Deputy Director, Human Resources and (3) Senior Vice President, Internal Audit.
All reports (including the whistleblower’s identity) will be kept confidential. The BP Group will not disclose information provided by the whistleblower unless the BP Group is compelled to disclose the information due to a legal obligation or to seek legal or audit advice, for example, if the information is requested for a criminal investigation. Where possible, the BP Group will first contact the whistleblower before disclosing the whistleblower’s identity.
The BP Group does not condone any retributive action taken against employees who raise concerns through any of the avenues of reporting. Employees who make use of the avenues of reporting to raise concerns in good faith, will have their identities kept confidential, and will not be subject to dismissal even if they were mistaken. They will also be protected against reprisal in other forms, such as harassment.
However, these protections will not be given to anyone misusing the avenues of reporting to make a frivolous, mischievous or malicious allegation.
1The BP Group has established internal policies and procedures available to BP Group employees, which, where internally distributed, contains detailed procedures for matters including the receipt, reporting and investigation of whistle-blowing complaints, such as access to reports, retention of records, management of the alleged subject of whistle-blowing and disclosure of investigation records.