The purpose of this Code of Ethics is to promote and enforce ethical standards and responsible business practices by Lereko, its members and within its stakeholders. Business is a cornerstone of prosperity in society because companies create the resources required for the country’s prosperity, socio-economic development and stability. In this regard, Lereko commits itself, through its Code of Ethics, to be a responsible corporate citizen and to implement, uphold and promote the following values:
OUR CORE VALUES
Integrity: We therefore commit to speaking the truth and acting with integrity in all our actions; and avoiding actual, potential and perceived conflict of interest. No employee or representative of Lereko may give or accept a bribe or any financial or other reward from an employee of the State or for that matter any other person, in the course of doing work on behalf of Lereko.
Good governance: We therefore commit to complying with the laws and regulations applicable; taking responsibility for uplifting our society; and upholding environmentally sound practices.
Respect: We therefore commit to treating our stakeholders with dignity and fairness; upholding the human rights of all our stakeholders, workers, clients and communities; and taking into account the social, environmental and economic impact of our activities on the community.
Transparency: We therefore commit to disclosing information to our stakeholders timely and accurately; making information of our business operations accessible; and refraining from anti-competitive behaviour. All Lereko executives and staff are obliged to adhere to this Code of Ethics and its core values. Adherence to the Code of Ethics is seen as a strategic business imperative and a source of competitive advantage for all associated with Lereko.The Code of Ethics seeks to raise ethical awareness and minimise or eliminate ethical risks and is our day-to-day guide to responsible personal and business decisions.