Ethics are the core of a business. Kimia Farma Trading & Distribution is characterized by its ethical business principles of providing distinctive pharmaceutical services to the public. Not only that, the company also employs a series of codes of conduct that regulate the behavior of its employees to create a healthy working environment and prevent corruption and other activities that are detrimental to the company.
The Implementation of the Code of Ethics in KFTD
The ethics standards are carefully arranged to provide guidance in performing tasks and duties and a handbook of how to behave and relate to the stakeholders. Here’s how KFTD implements the code of ethics.
Treating Shareholders Fairly
The first ethical principle of upholding a sustainable business is treating shareholders fairly and equally. Acknowledging the rights of shareholders in accordance with regulation is paramount. Thus, KFTD always attempts to contribute a professional performance to provide growth and progress for the shareholders.
Using Creditor Funds Responsibly
In order to develop positive growth, KFTD cooperates with some creditors for capital. Managing the funds responsibly is within ethical regulation, where the company must present valid and legitimate information to the creditors. No fraud or act of surreptitious is allowed–the agreement must also comply with recent regulations. KFTD also guarantees the fulfillment of creditor rights.
Upholding Integrity as An Employer
KFTD understands that it is within its power and full responsibility to provide its employees with a healthy working environment. The company also reinforces performing tasks and duties with full integrity, honesty, and unity. Implementing good governance also helps everyone work with complete honesty and avoid being tempted to commit fraud or corruption.
Providing Excellent Services to the Public
Here’s where ethics in the pharmaceutical sector play a significant role. It is how the public perceives the company’s image or branding. KFTD ensures that services and information are provided to the public accurately, fairly, up-to-date, and comprehensively. The company is also committed to conducting an honest and fair business.
A formal code of ethics helps all company personnel better perform their tasks and duties, prioritize the company’s interests, and avoid any detrimental act.