Balancing Value – Governance Framework

Framework for
Sustainable value

Value Creation


Compliance and Ethics

The group has articulated Greenko’s values and insists on adherance, in every sphere of activity. Besides, all employees are signatories to the code of conduct and Greenko organizes awareness sessions and training programs to deliberate and demonstrate the ways and means to adhere to its value system and code of conduct.

The company prides itself on the high standards of excellence embodied by its operating principles. Greenko expects its employees to personify these principles in their dealing with people within and outside the organization. The employee code of conduct at Greenko is intended to provide guidelines for professional, ethical, legal, and socially responsible behaviour. As it is impossible for this code and the associated guidance to cover every situation that may arise, the employees are given an option of online and offline training. The employees are also encouraged to consult and enquire when faced with any situation. In circumstances where the employee is unable to query or consult, he/she is encouraged to use his/her best judgment.

The Board and its Audit Committee, have ultimate responsibility for stewarding the organisation’s ethical climate and compliance, as well as the policies, processes and controls that support it. HR officers at site function as ethics counsellor. Ethics training and counselling is part of the induction process itself,

The code of conduct covers:

  • Professional Integrity Relationships and Customers Relationships with Suppliers
  • Relationships with Competitors Accurate and Complete Accounting Bribes and Kickbacks
  • Gifts and Entertainment Conflict of Interest Confidentiality
  • Workplace Communication Safety
  • Political and Charitable Contributions

All employees who witness or doubt/suspect violation of this code in letter and spirit, have an obligation to report to the management or any member of the board of directors. All allegations of improper or illegal behaviour are investigated promptly and thoroughly. The investigation remains confidential as practicable and those conducting the investigation respect the anonymity of the complainant and privacy of all persons involved. No adverse action is taken or permitted against anyone for communicating observed violations in the code of conduct.

Training on values,ethics and compliance