Smartech On Governance
Strong corporate governance plays a critical role in our corporate culture and our ability to execute our business strategy. More than a mechanism to ensure Smartech meets or exceeds applicable laws and regulations, strong corporate governance promotes accountability and transparency throughout the company. We continually evaluate our governance framework, as well as best practices in the areas of compliance and business ethics, to ensure that our structure remains effective, clearly communicates expected behaviors, and is consistent with principles of good governance.
Smartech Energy International Limited's ability to operate and to be successful is dependent on our ability to know and follow the laws and regulations that govern our operations. We need to be in compliance at all times in the countries, states and provinces in which we operate. To ensure our workforce is working in compliance with laws and regulations, Smartech Energy International Limited has specific policies related to Competition & Anti-Trust, Securities Trading and Insider Reporting, Anti-Fraud, Disclosure, Prevention of Corruption. Staff are required to review and sign off on their understanding and compliance with key policies on an annual basis and to declare any potential conflicts of interest which may impact Smartech Energy International Limited.
Smartech Energy International Limited reveals its character by our ethical behaviour and our respect for staff and stakeholders. Ethical behaviour is a cornerstone of Smartech Energy International Limited's Values. Acting with integrity cannot be prescriptive, however Smartech Energy believes that communicating certain expectations helps to promote the spirit of ethical behaviour.
Smartech Energy International Limited utilizes a comprehensive operational management system. This is a structured and documented set of interdependent standards, practices, and procedures used at every level in the company to manage operational, health, safety, and environmental risks. This framework allows Smartech Energy International Limited to manage risks by clearly stating how we conduct our business. From this overarching standard, our teams implement regional practices and procedures that meet the unique needs and regulatory expectations of our various operating areas.