business ethics

The Board of New Britain Palm Oil Ltd has approved a business ethics policy designed to increase transparency and assist in communicating our position against bribery and corruption externally and internally. NBPOL believes that corruption undermines economic development and effective markets. Accordingly, NBPOL is committed to working against corruption in all its forms.

Furthermore, NBPOL is committed to meet all of its tax liabilities as required by local legislation. If there is an opportunity and need, NBPOL will engage with stakeholders under the PNG Tax Credit Scheme, through which NBPOL has delivered a number of schools, police stations and other projects.

NBPOL believes that it is possible for global business to operate in a manner which grows a healthy global business based on accountability, transparency and ethics. This document sets out these business values and practices as a matter of Company policy to be followed by all directors and employees.

Our key policy and procedural document in relation to business conduct is the COBC which can be downloaded at:

NBPOL is committed to paying all the taxes that we owe in accordance with PNG legislation. NBPOL considers that paying our taxes in this way is the clearest indication of being a responsible corporate citizen. We aim to do this by ensuring that we report our tax affairs in an accurate manner in line with best practice.

NBPOL will never make use of options that are contrary to the spirit of the law.

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NBPOL Business Ethics Policy 2011

Group whistleblowing policy