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Bougainville Copper Limited (BCL) follows the Rio Tinto statement of business practice - The way we work . This statement summarises the Group's principles and policies for all employees. It is designed to ensure that BCL employees all reflect in their daily work the high standards and values they share, key among which are accountability, fairness, integrity and openness. The policies in The way we work have been adopted by the Rio Tinto board after wide internal and external consultation. They are communicated to the Group's businesses, together with any guidance and support that may be necessary. Group businesses then put them into practice through local codes of conduct and report on their implementation.
The way we work applies to all Rio Tinto managed businesses and is supported by specific guidance documents, including on assurance mechanisms and compliance verification. The Group businesses' codes of conduct are not comprehensive lists of ‘do's and don'ts', but set standards of good behaviour and procedures for breaches, with added responsibilities and incentives for managers who have a higher duty of care.
BCL expects business partners, such as associate companies or joint ventures where it does not have operating responsibility, as well as principal contractors, suppliers and others with whom BCL has a substantial involvement, to maintain high standards themselves. BCL informs them of its principles and policies and works with them where appropriate to support their adoption of policies consistent with BCL's own. BCL is prepared to withdraw from business relationships if any partners does not live up to its values. The Way We Work.pdf |
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