Business Principles and Policies Sample Clauses

Business Principles and Policies. Xstrata’s underlying philosophy for all projects is: ⮚ to be a fatality and serious injury free business; ⮚ to become the employer of choice; ⮚ to be recognized for their commitment to sustainable development; and ⮚ to be a profitable coal mining operation. This design philosophy is underpinned by the total commitment of Xstrata to their Sustainable Development Framework. In 2007, Xstrata undertook a wide-ranging and in-depth external and internal review of their sustainable development governance framework which was initiated in 2004. The revised Sustainable Development Framework was approved by Xstrata’s Executive Committee and Board at the end of 2007. Compliance to this Framework assures performance to international sustainability standards, beyond regulatory compliance. Xstrata’s corporate vision and commitment to Health, Safety, Environment and Community (“HSEC”) values remain intact. Xstrata’s Sustainable Development Framework has been mapped to international standards including the International Council on Mining and Metals (“ICMM”) and United Nations (“UN”) Global Compact principles, Voluntary Principles on Security and Human Rights, International Standards Organization (“ISO”) 14001, the international standard for environmental management, and Occupational Health and Safety Assessment Series (“OHSAS”) 18001, the international safety management standard. The framework is supported by Xstrata’s independent Sustainable Development Assurance Programme. Every operation and project managed by Xstrata is independently audited through this programme against Xxxxxxx’s Business Principles, Sustainable Development Policy and 17 Standards at least every three years, based on risk. Xstrata's 17 Sustainable Development Standards are as follows: ⮚ Standard 1: Leadership, Strategy and Accountability ⮚ Standard 2: Planning and Resources ⮚ Standard 3: Behaviour, Awareness and Competency ⮚ Standard 4: Communication and EngagementStandard 5: Risk and Change ManagementStandard 6: Catastrophic Hazards ⮚ Standard 7: Legal Compliance and Document ControlStandard 8: Operational IntegrityStandard 9: Health and Occupational Hygiene ⮚ Standard 10: Environment, Biodiversity and Landscape Functions ⮚ Standard 11: Contractors, Suppliers and Partners ⮚ Standard 12: Social and Community Engagement ⮚ Standard 13: Life Cycle Management – Projects and Operations ⮚ Standard 14: Product Stewardship ⮚ Standard 15: Incident Management ⮚ Standard 16: Monitoring and Review ⮚ ...
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Related to Business Principles and Policies

  • Rules and Policies In addition to the terms and conditions contained herein, players acknowledge and agree that players shall be bound by and comply with all rules, regulations and policies established by SGM. SGM reserves the right in its sole and absolute discretion to amend,

  • Compliance with Rules and Policies The Executive shall perform all services in accordance with the lawful policies, procedures and rules established by the Company and the Board. In addition, the Executive shall comply with all laws, rules and regulations that are generally applicable to the Company or its subsidiaries and their respective employees, directors and officers.

  • Cost Principles The Subrecipient shall administer its program in conformance with 2 CFR Part 200, et al; (and if Subrecipient is a governmental or quasi-governmental agency, the applicable sections of 24 CFR 85, “Uniform Administrative Requirements for Grants and Cooperative Agreements to State and Local Governments,”) as applicable. These principles shall be applied for all costs incurred whether charged on a direct or indirect basis.

  • Compliance with Laws and Policies In carrying out the terms of this Agreement, both Parties shall comply with all applicable federal, state and local laws, regulations and rules, DSRIP Requirements, and the CNYCC Compliance Program.

  • Certain Business Practices Neither Company nor any Company Subsidiary nor any directors, officers, agents or employees of Company or any Company Subsidiary (in their capacities as such) has (i) used any funds for unlawful contributions, gifts, entertainment or other unlawful expenses relating to political activity or (ii) made any unlawful payment to foreign or domestic government officials or employees or to foreign or domestic political parties or campaigns or violated any provision of the Foreign Corrupt Practices Act of 1977, as amended.

  • Policies and Practices The employment relationship between the Parties shall be governed by this Agreement and the policies and practices established by the Company and the Board of Directors (hereinafter referred to as the “Board”). In the event that the terms of this Agreement differ from or are in conflict with the Company’s policies or practices or the Company’s Employee Handbook, this Agreement shall control.

  • Rules, Regulations and Policies Employee shall abide by and comply with all of the rules, regulations, and policies of Employer, including without limitation Employer's policy of strict adherence to, and compliance with, any and all requirements of the banking, securities, and antitrust laws and regulations.

  • Personnel Policies The School shall adopt, update, and adhere to personnel policies. These policies must be made readily accessible from the School’s website or school office, as described in Section 11.4. 1. If the policy is not available from the School’s website, the School shall submit the current policy to the Commission.

  • Compliance with Laws, Rules and Regulations a. Assurances. The Contractor agrees that all activity pursuant to this Contract will be in accordance with all applicable current federal, state and local laws, rules, and regulations, including but not limited to the Public Records Act (chapter 42.56 RCW), the Freedom of Information Act (5 U.S.C. 522) and the Records Retention Act (chapter 40.14 RCW).

  • Business Practices 1. Parties recognise that certain business practices of service suppliers, other than those falling under Article 14 (Monopolies and Exclusive Service Suppliers), may restrain competition and thereby restrict trade in services. 2. Each Party shall, at the request of any other Party, enter into consultations with a view to eliminating practices referred to in Paragraph 1. The Party addressed shall accord full and sympathetic consideration to such a request and shall co-operate through the supply of publicly available non- confidential information available to the requesting Party. The requested Party may also provide other information available to the requesting Party, subject to its domestic law and to the conclusion of satisfactory agreement concerning the safeguarding of its confidentiality by the requesting Party.

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