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Governance
Baker Tech is committed to
laying strong foundations and
adhering to a scrupulous code of
corporate governance.
With this in mind, emphasis
has been on securing a solid
foundation, with full transparency
and oversight of activities and
decision-making functions
undertaken by management.
Ensuring that we act ethically
and responsibly at all times, our
internal culture and related codes
of conduct reflects emphasis on
integrity, fairness, value addition,
and transparency.
Baker Tech, documents its
policies and work processes to
ensure that sufficient checks and
balances are in place. Regular
audits are also conducted to
assess and verify the virtue of our
internal controls. Furthermore,
any marketing and sales
commission given to agents are
regularly scrutinised and probed
by the Board.
Our code of conduct which
deals with issues such as work
ethics and discipline, corporate
gifting, conflict of interest,
confidentiality, insiders trading,
whistle-blowing and corruption.
The international nature and
scope of the oil and gas industry
coupled with the intricacy of
the workings and contractual
relationships with partners,
suppliers and other contractors
has pushed compliance with
anti-bribery and anti-corruption
regulations into the limelight,
necessitating considerable
management focus.
The recent spate of high-profile
corruption scandals serves as
a reminder for us to remain
guarded and circumspect.
The Group employs a zero-
tolerance policy towards
bribery and corruption which
aims to safeguard our brand,
employees, business associates
and stakeholders from the risks
associated with such odious
activities. This is evidenced
throughout the 2018 calendar
year which saw no incidents of
corruption, improper conduct or
associated behaviour.
In 2017, Baker Tech was
awarded the Investors’ Choice
Transparency Award for
commendable standards in
disclosure and transparency
by an SME, from the Securities
Investors Association Singapore
(SIAS) at the 8th Singapore
Corporate Governance Week.
This is in addition to the
Singapore Corporate Awards
(SCA) Best Managed Board Gold
awards won in 2011 and 2014
and Silver award won in 2010.
Sustainability
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B A K E R T E C H N O L O G Y
L I M I T E D