Business Principles

1.    SUSTAINABLE DEVELOPMENT

We believe sustainable value is created by building an operationally strong company with organic revenue and earnings growth. We integrate sustainable business processes including sound ethical standards that enable healthy value creation in the long-term .We don't only focus on fulfilling our compliance responsibility, such as ensuring legal compliance and corporate ethics; we also focus on mitigating corporate risks that may adversely affect society or the environment.

2.    RESPONSIBILITY TOWARDS SHAREHOLDERS

We are committed to serving the best interest of all our shareholders ensuring competitive and fair returns over the long run,

3.    BUSINESS INTEGRITY
We believe in working with strong ethical and consistent moral code in conducting the business. 

·      Internal Controls

We adhere to safeguard assets, promote accountability, increase efficiency, and stop fraudulent behavior by following the Nepal Accounting Standards for the books and accounts for financial reporting.

·      Confidentiality

We protect the confidentiality of information to which we have access in conducting our business, in accordance with applicable law and contractual agreements. This information includes but is not limited to products and business matters, confidential personnel information as well as other information concerning our clients.

·      Code of Conduct

We have Code of Conduct in place and it applies to every individual who works for our organization or represents us. Our core values are integrated throughout this Code of Conduct as we seek to have and maintain integrity awareness, professionalism, respect of others, and seeking continuous improvement.

·      Disclosure

We ensure the accuracy of the information to be disclosed and make sure that the disclosures are made in a timely, appropriate and fair manner. We manage and disclose information regarding business management and operation, in accordance with applicable laws and regulations

·      Use of Company Assets

Each of us at the Company is responsible for protecting and preserving the company's resources. Employees must use the company’s resources solely for business purposes and if personal use of company resources is allowed, employees must avoid any use that is excessive or violates other company policies.

4.    RELATIONSHIP WITH CUSTOMERS, COMPETITORS AND VENDORS

The Company is committed to dealing fairly and honestly with its customers, suppliers and competitors. Strong relationships with our customers, suppliers and other third parties are the key to the success of our business operations.

5.    ETHICAL CONDUCT

We are committed to conducting business in an ethical manner

·      Personal Behavior

All employees deal fairly with the Company’s customers, suppliers, competitors and pledge not to take unfair advantage of anyone through manipulation, concealment, abuse of privileged information, misrepresentation of material facts or any other unfair dealing practice. 

·      Involvement with Competitors

Our policy is to compete solely on the merits of our products and services. No false or misleading statements or innuendo about our competitors, their products or their services is tolerated. All comparisons of our products or services with those of our competitors are accurate and factually supported and employees are strictly forbidden from using any illegal or unethical methods to gather competitive information.

·      Treatment of Gifts, Favors & Other Benefits

Employees do not offer customers or employees of customers any benefits, rewards or things of value, which may violate the law, the customer’s policies, or our business practices. Employees do not accept or seek out any benefit from a supplier or potential supplier that would even appear to compromise their judgment.

·      Corporate Opportunity

Employees are prohibited from taking for themselves opportunities that are discovered through the use of Company property, information or position, using Company property, information or position for personal gain, and/or competing with the Company.

·      Compliance with Laws & Regulations

The company must comply with the laws of Nepal and must be responsible for knowing and following all applicable laws, rules, and regulations. The Company must act in a manner that upholds the spirit and intent of the law.

6.    FAIR EMPLOYMENT PRACTICE

All employees and applicants are treated equally according to their individual qualifications, abilities, experiences and other employment standards. There is no discrimination due to race, religion, color, national origin, sex, age or disability. The prohibition of discrimination based on sex includes sexual harassment.

7.    HEALTH, ENVIRONMENT & SAFETY

We take it as our responsibility to protect the environment for the health, safety and quality of life of our communities, our employees, our customers and the public. The Company expects our suppliers and others to comply also with all applicable environmental and health and safety laws and standards in their operations.

8.  Corporate Social Responsibility

As part of our Corporate Social Responsibility activities, we seek to reduce environmental impacts in our own business activities. We carry out environment management activities that contribute to reducing the environmental impacts of society as a whole through providing products and services.