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Corporate
Governance > Code
of Business Conduct and Ethics |
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CODE
OF BUSINESS CONDUCT AND ETHICS |
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PNCC
has developed two codes, the "PNCC Codes of Conduct"
and the "PNCC Code of Employee Discipline (CCED)".
It contains the preambular portion or the "Declaration
of Principles", which details out the requirements
for the successful implementation of the Codes. It starts
with the commitment of the management in providing for
just and lawful conditions of employment, and complemented
by the principles that should govern employees as they
uphold the interests of the company. |
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The
Code of Conduct lays out the management expectations
of ethical conduct or behavior of employees covered
thereby. The Code of Employee Discipline, on the other
hand, enumerates the violations of the Code of Conduct
and the penalties or sanctions for each violation. Management
maintains its inherent right to discipline or dismiss
employees for any offense or violation contained in
the Code. |
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The
Code on Employee Discipline, moreover, outlined the
"General Rules in the Imposition of Penalties,"
which are to be administered by the Administrative Board,
or any supplementary Board provided for therein. The
Code also addresses the matter of sexual harassment
and illustrated the reach of "relatives within
the fourth degree of consanguinity and affinity."
Division heads were given the authority to discipline
employees for obvious offenses, such as absences and
tardiness, among others. |
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Complementary
to the above are the "Safety, Health, and Environment
Codes" which detail out the penalties or sanctions
for specialized offenses or violations in these areas.
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Meanwhile, the Board
of Directors, by adopting the Manual of Corporate Governance
2017 and provisions of GCG's Code of Corporate Governance,
the company is committed to observe the principles of
fairness, accountability and transparency. The Board
of Directors believes that this will significantly enhance
PNCC's corporate governance systems and make it an able
partner in national development. |
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The following
are the policies of the Company on Conduct and Ethics: |
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Looking for affordable
commecial space?
We have best
locations suitable for recreational
and business pursuits
CONTACT
US |
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Do
you have any comments or suggestions that may help us
improve our services? |
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Conflict
Resolution |
The
current system is to discuss/evaluate issues at the
Board level. Failing resolution within the Board,
opinion of OGCC/DOJ will be sought.
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