PT Kimia Farma Trading & Distribution (KFTD) as part of Kimia Farma Group implements a code of conduct, which is a formalized collection of guidelines essential to KFTD performance. This set of values also includes standards for employee behavior, expectations, values, and rules to mitigate legal risks, including unlawful acts of bribery and corruption.
Every aspect of the code of conduct (COC) plays a major role in improving performance in terms of the company’s stability, integrity, and credibility. This, in turn, draws in investors and other business partners looking to invest and work together. Conversely, high adherence to legal requirements will also lessen the likelihood of litigation or legal claims being made against KFTD.
The Importance of COC in KFTD to Prevent Bribery and Corruption
KFTD has a framework to guide moral decision-making for all stakeholders and a code of conduct in place. The COC represents the company’s beliefs, principles, and dedication to operating with integrity to realize zero-tolerance values of bribery and corruption in its working environment.ย
Below are the importance of employing COC in KFTD:
Company values
The code of conduct emphasizes forbidden acts, illustrating the company’s ethical principles. KFTD demonstrates zero tolerance against bribery and corruption, and this rule is to be obeyed by all individuals involved.
Providing guidelines for behavior at work
It’s simpler to have a positive work atmosphere where everyone acts professionally when there are clear expectations for everyone to follow. A code of conduct coordinates conduct with corporate principles and aids in directing others’ behavior, including avoiding any possibility of bribery and corruption.
Boosting morale among staff members
When coworkers treat one another fairly and with respect, everyone generally feels happier at work. A code of conduct reinforces this behavior, which can assist KFTD in guiding its employees to perform with morale and prevent corruption.
A code of conduct reflects KFTD’s mission and values. It can guide behavior, encouraging all employees to make moral judgments that benefit KFTD as a whole and other individuals.