Our Governance
Committed to conducting our businesses with honesty, fairness, and the highest ethical standards — with zero tolerance for bribery and corruption.
Integrity at the Core of Everything We Do
TNB Engineering Corporation Sdn Bhd ("TNEC") and its subsidiaries are committed to conducting our businesses and operations in an honest and ethical manner.
We adopt a zero-tolerance approach to bribery and corruption and are committed to acting professionally, transparently, and fairly with integrity in all our business dealings and relationships — as well as implementing and enforcing effective systems to counter bribery and corruption.
These policies set out guiding principles to conduct our businesses with honesty, fairness, and high ethical standards. This Policy sets out the minimum standard that must be followed. Where local laws, regulations, or rules impose a higher standard, that higher standard must be followed.
Zero Bribery
Absolute prohibition on bribery in all its forms
Full Transparency
Open and accountable in all business dealings
Whistleblower Protection
Safe channels for reporting misconduct
Strict Enforcement
Clear sanctions for all non-compliance
Governance Policy Framework
Five key policies that govern how TNEC conducts business with integrity and accountability.
Anti-Bribery
To state TNEC's position on bribery and related matters, and to establish key pillars in its structure to protect the company against the impact of bribery.
Bribery in all its forms related to TNEC's activities is prohibited. It is the responsibility of Personnel at all levels to act with integrity. TNEC holds a 'No Gifts' policy, although certain exceptions are allowed. Integrity Pledges must be signed by Personnel on a regular basis, as well as a Conflict of Interest declaration. Business Associates acting on behalf of the company must be managed carefully. Reporting of misconduct by Personnel or third parties is expected, with protection provided for all disclosers acting in good faith.
Conflict of Interest
To establish TNEC's position on Conflicts of Interest, the company's expectation that Personnel at all levels should declare any conflicts as they arise, and state the sanctions for non-compliance.
It is the policy of TNEC that the disclosure and management of Conflicts of Interest is the responsibility of its Personnel at all levels. All potential, perceived, and actual conflicts are to be declared in a timely manner and managed using the mechanisms provided by the company. Primary responsibility for managing the declaration lies with the person's own Manager, with support provided by Human Resources Management (HRM). Sanctions for non-compliance can be severe, depending on the nature of the declared conflict and its impact on the company.
Whistleblowing
To establish secure and confidential reporting channels, ensure whistleblower protection, and provide guidelines on managing reports to their conclusion in an effective and timely manner.
TNEC expects Personnel at all levels to report concerns they may have on any behavior they observe in relation to the company's activities via the channels established for this purpose. External parties encountering misconduct as they work with TNEC Personnel are likewise expected to report their concerns through the designated channels. Protection will be provided to all parties acting in good faith.
Gifts, Hospitality & Related Benefits
To delineate the difference between a gift and a bribe, and provide guidance on acceptable behavior for Personnel with respect to gifts, hospitality, and related benefits.
TNEC holds a 'No Gifts' policy. However, there are some exceptions allowed, provided no Conflict of Interest arises and decision-making behavior is not influenced. Likewise, normal business hospitality is permitted but must not be so frequent or extravagant that a sense of obligation is created on the side of the receiver. Festive hampers are discouraged and are to be refused wherever possible. Facilitation payments must not be made.
Integrity Pact & Committee Integrity Pledges
To strengthen the measures employed by TNEC to safeguard the tendering and procurement procedures against the effects of bribery.
Integrity Pacts set out the behaviors expected of the company's External Providers when participating in the contracting procedure. Signing the Pact is a prerequisite for entering into a contract with TNEC. Integrity Pledges establish the expected behaviors of TNEC Personnel at all levels participating in tender committees. All members of the committee who are present must sign their Pledges at the start of the meeting.
Complete Policy Overview
| Policy | Objective | Policy Statement |
|---|---|---|
| Anti-Bribery | To state TNEC's position on bribery and related matters, and to establish key pillars in its structure to protect the company against the impact of bribery. | Bribery in all its forms related to TNEC's activities is prohibited. It is the responsibility of Personnel at all levels to act with integrity. TNEC holds a 'No Gifts' policy, although certain exceptions are allowed. |
| Conflict of Interest | To establish TNEC's position on Conflicts of Interest, the company's expectation that Personnel at all levels should declare any conflicts as they arise, and state the sanctions for non-compliance. | It is the policy of TNEC that the disclosure and management of Conflicts of Interest is the responsibility of its Personnel at all levels. All potential, perceived, and actual conflicts are to be declared in a timely manner. |
| Whistleblowing | To establish secure and confidential reporting channels, ensure whistleblower protection, and provide guidelines on managing reports effectively and in a timely manner. | TNEC expects Personnel at all levels to report concerns they may have on any behavior they observe in relation to the company's activities. Protection will be provided to all parties acting in good faith. |
| Gifts & Hospitality | To delineate the difference between a gift and a bribe, and provide guidance on the acceptable behavior for Personnel with respect to gifts, hospitality, and related benefits. | TNEC holds a 'No Gifts' policy. However, some exceptions are allowed, provided no Conflict of Interest arises. Normal business hospitality is permitted but must not create a sense of obligation. |
| Integrity Pact | To strengthen the measures employed by TNEC to safeguard the tendering and procurement procedures against the effects of bribery. | Integrity Pacts set out the behaviors expected of External Providers when participating in the contracting procedure. Signing the Pact is a prerequisite for entering into a contract with TNEC. |
Whistleblowing Channel
TNEC provides secure and confidential reporting channels for Personnel and external parties to report any concerns regarding misconduct or unethical behavior. All disclosures made in good faith are fully protected. We encourage you to speak up — your integrity matters.
Questions About Our Governance?
Reach out to us for any inquiries regarding our governance policies and compliance framework.
Our team is available to assist with any governance-related questions or concerns.
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