All directors, staff, regular consultants and contractors, when acting on behalf of Adelaide Resources, are expected to act with the utmost integrity and objectivity in their dealings with other parties, striving at all times to enhance the reputation and performance of the company.
The Board of Directors therefore encourages the following principles to be adhered to by all employees at all times. “Employee” in this context includes directors, staff, and regular consultants and contractors when acting on behalf of the company-
- Act with and promote the highest standards of ethics and integrity in carrying out duties on behalf of the company.
- Respect and observe the laws and other regulations of Australia, complying at all times with the spirit as well as the letter of the law, particularly those within the communities in which the company operates.
- Where concerns arise, the Chairman, Managing Director or any director should be advised before any decision is taken.
- Respect the rights of employees of the company.
- Respect the rights of all shareholders, acknowledging that they are the owners of the company.
- Respect the rights of the company’s stakeholders and refer particularly to the company’s separate Environmental Policy and Indigenous Peoples’ Policy.
- Never make improper use of knowledge, information, documents or other company resources obtained in the course of employment with the company. Information about the company that is not publicly available (inside information) should not be used by employees for their private gain, or that of others.
- When any real or perceived conflict of interest arises, when acting on behalf of the company, advice should be sought from the Chairman, Managing Director or any director.
In addition to the foregoing, the Board of Directors subscribes fully to the Code of Conduct of the Australian Institute of Company Directors, recognising the paramount importance of acting honestly, in good faith and in the best interests of the company as a whole.
