Page 15 - Pakistan Oilfields Limited - Annual Report 2021

WHISTLE BLOWING POLICY

This Policy addresses the commitment of the Company to integrity and ethical

behavior by helping to foster and maintain an environment where employees can act
appropriately, without fear of retaliation.

To maintain these standards, forward to report such activities. misconduct . An employee who
the Company encourages its Company assures that all knowingly or recklessly makes
employees who have concerns reports will be treated strictly statements or disclosures
about suspected serious confidentially and promptly that are not in good faith may
misconduct or any breach or investigated and that reports can be subject to disciplinary
suspected breach of law or be made anonymously, if desired. procedures, which may include
regulation that may adversely termination. Employees who
impact the Company, to come The internal control and report acts of misconduct
forward and express these operating procedures of the pursuant to this policy can
concerns without fear of Company are in place to detect and will continue to be held
punishment or unfair treatment. and to prevent or deter improper to the Company’s general job
activities. However, even the performance standards and
The Company conducts business best systems of controls cannot adherence to the Company’s
based on the principles of provide absolute safeguards policies and procedures.
fairness, honesty, openness, against irregularities. The
decency, integrity and respect. Company has the responsibility In case of reports sent through
to investigate and report to e-mail, it is recommended
It is the Company’s policy to
support and encourage its appropriate parties, allegations to mark the subject as
employees to report and disclose of suspected improper activities Whistleblower’ for ease of
improper or illegal activities, and and to take appropriate actions. identification.
to fully investigate such reports Employees and others are Although the whistleblower
and disclosures. encouraged to use guidance is not expected to prove the
provided by this policy for truth of an allegation, he/she
It is also the policy of the reporting all allegations of needs to demonstrate to the
Company to address any suspected misconduct or person contacted that there are
complaints that allege acts or improper activities. sufficient grounds for concern.
attempted acts of interference,
reprisal, retaliation, threats, General Guidance
coercion or intimidation against
employees who report, disclose This policy presumes that
or investigate improper or illegal employees will act in good
activities (the “Whistleblowers”) faith and will not make false
and to protect those who come accusations when reporting of

ANNUAL REPORT 2021 13