About Us / Corporate Governance
Code of Ethics
SLNG has a Corporate Governance Framework which includes a Code of Ethics that sets the standards for ethical and professional conduct of SLNG employees. This Code of Ethics helps to provide a general guideline to facilitate decisions that are consistent with SLNG’s values, business goals, legal and policy obligations thereby enhancing performance outcomes.
Conflicts of Interest
A conflict of interest occurs when an Employee’s interests interfere, or appear to interfere, with SLNG’s interests. All employees are expected to act in SLNG’s best interests at all times and may not engage in any activity that could conflict with the company’s interest. They may not, without the prior written consent of SLNG, engage in any other business or commercial activities which may conflict with their ability to perform their duties to SLNG. Neither should employees engage in any procurement activities where he/she has a commercial or personal interest in the supplier/vendor without disclosing those interests;
Employees will not give or accept gifts or entertainment from external parties if it could be perceived that this could compromise or influence any decision by the Employee.
Our employees will maintain and protect the confidentiality of information entrusted to SLNG about customers, work colleagues, suppliers, stakeholders and SLNG’s business and financial affairs, except where disclosure is essential to the discharge of their duties or required by law. Employees will ensure they have followed appropriate business unit protocols or taken appropriate advice from legal and compliance advisers prior to disclosing confidential information.
Meet the Needs of Key Stakeholders
SLNG employees are committed to delivering shareholder value, through efficient operation, effective communication and clear risk management practices. We will maintain high standards of service quality; and not behave in any way, or promulgate any information that is deceptive, misleading or otherwise unfair.
Proper Use of Company’s Assets and Information
Employees are required to protect SLNG’s assets from loss, damage, misuse, waste and theft. These assets include company property assigned to Employees, systems, information, intellectual property and networks. Employees will only use SLNG’s assets for lawful business purposes or as authorised by SLNG as reasonable personal use for a specific asset class; and only create, and only retain, information and communications required for business needs or to meet legal obligations in accordance with SLNG’s information technology management guidelines.
Compliance with Laws and Policies
Employees are required to familiarise themselves with and comply with SLNG’s legal compliance policy and processes at all times. They will abide by the laws, rules and regulations of Singapore and countries in which they are operating. Employees will also undertake training on legal obligations and policies as required by their manager, and comply with all statutory requirements on a timely basis.
Delegation of Authority
The SLNG Board of Directors delegates the responsibility of managing the business and affairs of SLNG to the Chief Executive Officer. The Chief Executive Officer in turn delegates to other levels of management certain rights to make operational and financial decisions within defined limits. The rules that govern this system are recorded in SLNG’s Delegation of Authority. Employees will only act within the Delegation of Authority rules and any authority that may be specifically given to them as a Delegated Authority holder, and ask their manager if they are uncertain as to their Delegated Authority level.