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| CODE
OF BUSINESS CONDUCT AND ETHICS
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| PNCC
has developed two codes, the "PNCC Codes of Conduct" and
the "PNCC Code of Employee Discipline (CCED)". It contains
the preambular portion or the "Declaration of Principles",
which details out the requirements for the successful implementation
of the Codes. It starts with the commitment of the management in
providing for just and lawful conditions of employment, and complemented
by the principles that should govern employees as they uphold the
interests of the company.
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| The
Code of Conduct lays out the management expectations of ethical
conduct or behavior of employees covered thereby. The Code of Employee
Discipline, on the other hand, enumerates the violations of the
Code of Conduct and the penalties or sanctions for each violation.
Management maintains its inherent right to discipline or dismiss
employees for any offense or violation contained in the Code.
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| The
Code on Employee Discipline, moreover, outlined the "General
Rules in the Imposition of Penalties," which are to be administered
by the Administrative Board, or any supplementary Board provided
for therein. The Code also addresses the matter of sexual harassment
and illustrated the reach of "relatives within the fourth degree
of consanguinity and affinity." Division heads were given the
authority to discipline employees for obvious offenses, such as
absences and tardiness, among others.
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| Complementary
to the above are the "Safety, Health, and Environment Codes"
which detail out the penalties or sanctions for specialized offenses
or violations in these areas.
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| Meanwhile,
the Board of Directors, by adopting the Manual of Corporate Governance
2017 and provisions of GCG's Code of Corporate Governance, the company
is committed to observe the principles of fairness, accountability
and transparency. The Board of Directors believes that this will significantly
enhance PNCC's corporate governance systems and make it an able partner
in national development.
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| The following
are the policies of the Company on Conduct and Ethics:
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Do
you have any comments or suggestions that may help us improve our
services?
Click Here
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