- Internal policies and procedures, guided by the principles in the Opla Way: The Opla Energy Code of Conduct which provides a foundation to the business around compliant actions and behavior.
- Comprehensive employee training programs which are designed to be engaging, challenging, and tailored to the key risks that employees face on an ongoing basis.
- Due diligence procedures for intermediaries and consultants, and an enhanced risk-based process for classifying channel partners and suppliers.
- Regular compliance risk assessments focused on country and third party risk, the results of which are used to allocate resources and identify opportunities for continuous improvement of the compliance program.
- Opla Board of Directors quarterly meetings for senior officers of the company. The strong ethical culture at Opla Energy depends on the commitment of employees at every level, and strong leadership by senior leaders and management.
- Open Reporting Environment where employees are encouraged to report any ethics or compliance concern without fear of retaliation.
- Prompt investigations of any potential compliance violation that is raised through any means of reporting. Investigations at Opla Energy follow standard procedures to ensure that all reviews are performed properly and fairly, and that the Company identifies all actions necessary to prevent future compliance violations.
- Human resources functionality, comprised of locally compliant processes and procedures for management of HR-related issues, including implementation of locally compliant standards for pre-hire screening of employees; a process to screen existing employees prior to promotion to select roles where they may be exposed to finance and/or corruption-related risks; and implementation of a global new hire compliance training module for all employees.
Opla is committed to operating its business demonstrating the highest regard for integrity and ethical conduct. We firmly believe that establishing a reputation built on honesty, integrity, and accountability is key to our success. The Code of Conduct and Business Ethics policy, hereafter referred to as the “Code”, sets forth the general principles of conduct employees are expected to demonstrate in their daily activities. The Code does not supersede the specific policies or procedures addressed in any specific policy statement.
The Code reflects Opla’s commitment to a culture of honesty, integrity, and accountability and outlines the basic principles and policies with which all employees are expected to comply. At the commencement of the employment relationship, employees are provided with a copy of the Code. All employees’ and external contacts' cooperation and commitment to uphold these principles, is essential to the continued success of our business and our reputation as a good corporate citizen.
HONESTY
Honesty is a key characteristic of our business; it sets the tone for the work culture that we want to create, provides consistency in workplace behavior, and builds loyalty and trust in customers and prospects.
INTEGRITY
We are trustworthy and reliable, we practice and encourage open and honest communication.
ACCOUNTABILITY
We are accountable in the workplace and this is linked to an increase in commitment to work and employee morale.
GLOBAL COMPLIANCE PROGRAM
Through this program, we demonstrate our commitment to compliance and integrity in all of our actions – every day, everywhere in the world, and without exception.
THE OPLA ENERGY GLOBAL COMPLIANCE PROGRAM CONSISTS OF THE FOLLOWING KEY ELEMENTS:
OPEN DOOR POLICY
Honesty is a key characteristic of our business; it sets the tone for the kind of work culture that we want to create, provides consistency in workplace behavior, and builds loyalty and trust in customers and prospects.
COMMUNICATION
APPROACH
Opla promotes an open door approach to communication. The immediate supervisor is often in the best position to provide assistance and help the employee work through the issue. There may be times, however, where the supervisor is unable to provide the necessary support, or the employee is not comfortable bringing their concern forward at this level.
In these instances, employees are encouraged to speak with the next level of leadership or, if they prefer, contact the Human Resources & Compliance department at +1 (877) 651-0084 or email us at compliance@oplaenergy.com. A further alternative option is by submitting an anonymous report to Opla Compliance Board through this link.
PERFORMANCE
DRILLING
DRILLING
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