Code Of Conduct

Introduction and Objective

TARIQ GLASS INDUSTRIES LIMITED is one of the leading Glass Industry in Pakistan. The Management’s philosophy is to be the leading Company for our Clients, Shareholders and employees. To achieve this we will be driven by an obsession to be better than the best in a continuous journey, not a destination. Tariq Glass Industries Limited has an enhanced commitment and professionalism to provide expertise at a distinct level. We have the finest professional team in Glass Industry of Pakistan who are more prone to quality and have expertise in their own working areas which makes us very proud. Please find below our statements of Ethics and Business Practices (together the “statements”) that all members of staff and directors are required to follow in accordance with the Code of Corporate Governance issued by the Securities and Exchange Commission Of Pakistan effective. We hope that these principles will motivate and guide every member of the staff to strive to achieve the end objective, pursue opportunities for our business, and endeavor to increase the returns to our shareholders in the most responsible and ethical manner.

ABIDANCE OF LAWS/RULES

  • I shall conform to and abide by the TGIL rules and obey all lawful orders and directives which may from time to time be given by any person or persons, under whose jurisdiction, superintendence or control I may, for the time being, be placed. I undertake at all times to comply with and observe all applicable laws, regulations and policies pertaining to Glass Industry, wherever we operate.
  • I stand firmly against supporting the activities of any group or individual that unlawfully threaten public order and safely, I shall not be a member of any political party, take part in, subscribe in aid of, or assist in any way, any political movement in or out side of Pakistan relating to the affairs of Pakistan. I shall not express views detrimental to the ideology, sovereignty and integrity of Pakistan.
  • I shall not canvass or otherwise interfere or use my influence in connection with or take part in any election as a candidate to a legislative/local body or issue an address to the electorate or in any manner announce or allowed to be announced publicly as a candidate or prospective candidate whether in Pakistan or elsewhere. I may, however, exercise my right to vote.
  • I shall not bring or attempt to bring political or other pressure/influence directly or indirectly to bear on the authorities/superior officers to act in a manner inconsistent with rules, in respect of any matter relating to appointment, promotion, transfer, punishment, retirement for any other conditions of service or employment.

STATEMENT OF ETHICS

  • I will conduct myself with the highest standards of ethics, professional integrity and dignity with the public, clients, investors, employees, and fellow members and not engage in acts discreditable to my Company, profession and nation. If I become aware of any irregularity that might affect the interests of Company, I will inform the senior management immediately.
  • I will protect the confidentiality of client information at all times except where required by law to disclose it.
  • Protect the confidentiality of information relating to the Company both during the course of Directorship or employment (as the case may be) and after its termination (regardless of reason).
  • I will avoid all such circumstances in which my personal interest is in conflict, or may appear to be in conflict with the interest of the Company or its customers.
  • I shall not use my employment status to seek personal gain from those doing business or seeking to do business with TGIL, nor accept such gain if offered. I shall not accept any gift, favors, entertainment or other benefit the size or frequency of which exceeds normal business contacts from constituent or a subordinate employee of the Company from persons likely to have dealings with the Company and candidates seeking employment in the Company.
  • Maintain accurate records of business transactions related to the Company or its clients.
  • Report any business or professional activities or any beneficial interests that may result in a conflict with or be competitive with the interests of the Company.
  • Report any person or activity to the Compliance Officer or CEO that in my opinion is in violation of this statement.

STATEMENT OF BUSINESS PRACTICES:

  • Uncompromising integrity. Our business is founded on best craftsmanship and we mange it ethically, lawfully and fairly.
  • Customers first. Nothing we do is more important than protecting and preserving our customer’s interests. We hold responsibilities towards our customer in the highest regard.
  • Passion for performance. We contribute towards our Company’s financial goals and concentrate on achieving superior results.
  • A culture of excellence. We measure our performance on every task we undertake not just by the results but also by the quality of our work.
  • A tradition of Success. While we are fair and ethical at all times, we compete aggressively by providing excellent service to our customers.

CONFIDENTIALITY

I will maintain the privacy and confidentiality of all the information acquired during the course of professional activities and refrain from disclosing the same unless otherwise required by statutory authorities/law, All such information will remain as a trust and will only be used for the purpose for which it is intended and will not be used for the personal benefit or any individual(s). Inside information about Company’s customers/affairs shall not be used by me for own gain, or for that of others either directly or indirectly.

PROFESSIONALISM

  • I shall serve the Company honestly and faithfully and shall strictly serve the Company’s affairs and the affairs to its constituents, I shall use utmost endeavor to promote the interest and goodwill of the Company and shall show courtesy and attention in all transaction/ correspondence with officers of Government, State Company of Pakistan other Company’s, Financial Institutions, others establishments dealing with the Company, Company’s constituents and the public.
  • I will disclose and assign to TGIL all interest in any invention, improvement, discovery or work of authorship that I may make or conceive and which may arise out of my employment with TGIL. If my employment is terminated, all rights property and information generated or obtained as part of my employment relationship will remain the excusive property of TGIL.
  • I shall be truthful in all advertisings and promotional efforts and shall publish only accurate information about the Company’s operations under valid authority.
  • I will not engage in Money Laundering and will be extremely vigilant in protecting TGIL, from being misused by anyone to launder money by strictly complying with “Know your customer” policies & procedures.

BUSINESS/WORKS ETHICS

  • I will respect fellow colleagues and work as a team. I will at all times be courteous and not let any personal differences affect my work. I will treat every customer of the Company with respect and courtesy.
  • I shall make sure, good attendance and punctuality and good record in this area. For any absence during working hours, I will obtain written permission or my immediate supervisor, I shall not absent myself from my duties, leave my station over night, without having first obtained the permission of the competent authority.
  • I shall maintain a standard of personal hygiene and dress appropriately for attendance at work. My appearance must inspire confidence and convey a sense of professionalism.
  • I will as a personal responsibility safeguard both the tangible and intangible assets of TGIL and its customer(s) that are under my personal control and will not use Company assets for my personal benefits except where permitted by TGIL, I shall not use any Company facilities including a car or telephone to trade union activities, or carry weapons into Company premise unless so authorized by the management, or carry on trade union activities during office hours, or subject Company officials to physical harassment or abuse.
  • I will not indulge in any kind of harassment or intimidation whether committed by or against any senior/junior, co-worker, customer, vendor or visitor. I will not use language, written or spoken in intra-office communication(s) with individual(s) outside the office that may contain any statement or material that is offensive to others, I will never use the, Company’s system to transmit or receive electronic images or text containing ethnic slurs, social epithets or anything that might be construed as harassing, offensive or insulting to others. 
  • To meet my responsibilities to fellow employees, customers I will help in maintaining a healthy and productive work environment and will not engage in the selling manufacturing distributing, using any illegal substance or being under the influence of illegal drugs while on the job.
  • I will ensure strict adherence to all health and safety policies as may be implemented from time to time by the Company.
  • I shall not give any interview in the print/electronic media or have my photograph displayed or set in television/stage plays or in cinemas without having permission from the competent authority.
  • I will intimate Human Resources Division for my changes in the personal circumstances relating to my employment or benefits.

CERTIFICATION STATEMENT

I certify that I have read and understood the foregoing Statements of Ethics and Business Practices. I also certify that I have read the Code of Corporate Governance (the “Code”) issued by Securities Exchange Commission Of Pakistan and incorporated in listing regulations of the Stock Exchanges and will abide by the Code in my capacity as Director or Employee (wherever applicable). I agree to conduct my duties in accordance with these statements. I certify to the best of my knowledge, information and belief that I have not engaged in any behavior, which violates these statements.