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12 I 2020 ANNUAL REPORT I ABOUT hRC
gENERAL BUSINESS
PRINCIPLES
hRC’s commitment to BUSINESS INTEgRITY
operating as a sustainable
business requires that HRC insists on honesty, integrity and fairness in all aspects of our business and
we integrate economic, expects the same in our relationships with all those with whom we do business.
environmental and social The direct or indirect offer, payment, soliciting or acceptance of bribes in any form
considerations from planning is unacceptable. Facilitation payments are also bribes and must not be made.
to execution. In all that Employees must avoid conflicts of interest between their private activities and
we do, hRC is guided by their part in the conduct of the Company’s business. Employees are also required
the following eight general to declare any potential conflicts of interest. All business transactions on behalf
business principles. of HRC must be reflected accurately and fairly in the accounts of the Company
in accordance with established policies and procedures and are subject to audit
and disclosure.
QUALITY, hEALTh, SAFETY, SECURITY &
ENvIRONmENT
HRC has a systematic approach to health, safety, security and environmental
management in order to achieve continuous performance improvement. To this
end, we manage these matters as critical business activities, set standards and
targets for improvement, and measure, appraise and report performance externally.
We continually look for ways to reduce any negative environmental impact of our
operations, products and services.
ECONOmIC
Long-term profitability is essential to achieve our business goals and to assure our
continued growth. It is a measure of both efficiency and the value customers place
on HRC’s products and services. It underpins the necessary corporate resources for
the continuing investment that is required to develop and produce future energy
supplies to meet customer needs.
Without profits and a strong financial foundation, it would not be possible to
fulfil our responsibilities. Criteria for investment and divestment decisions include
sustainable development considerations (economic, social and environmental) and
an appraisal of the risks of the investment.
