Tethyan Resources Social Policy states that it seeks relationships which demonstrate mutual respect and understanding, active partnership, and long-term commitment. Tethyan Resources commits to implements social management programmes for its operations, which seeks to minimise and mitigate any adverse social impacts generated by its activities, and to enhance beneficial social impacts where possible, in accordance with GIIP.
Tethyan Resources Environment Policy is designed for setting and meeting high standards as a prerequisite for carrying out business in a sustainable society and the protection of life, health and the environment.
Tethyan Resources aims to achieve zero harm through effective management of health and safety through the implementation of programs and metrics. We require Company Personnel to recognize their own responsibility regarding occupational health and safety, and to comply with all health and safety requirements relevant to their activities.
Tethyan Resources recognizes that the pursuit of economic growth through employment creation and income generation should be accompanied by protection of the fundamental rights of workers. We recognise that our workforce is a valuable asset, and good worker-management relationships are key ingredients in the sustainability of the Company.
Dealings with Public Officials by Tethyan Resources or any Company Personnel are to be conducted in a manner that will not compromise the integrity or damage the reputation of any government, Public Official or the Company. Unless otherwise specified in the Company’s Anti-Corruption Policy, direct or indirect participation in corrupt, fraudulent, coercive, collusive or obstructionist practices are prohibited. Furthermore, facilitation payments are not condoned.
Tethyan Resources is committed to maintaining high standards of integrity and accountability in its business affairs while enhancing shareholder value. The Whistle Blower Policy provides a vehicle for Company Personnel and others to disclose good faith concerns regarding Financial Matters and violations of the Code of Conduct.
The purpose of this Policy is to establish standards for confidentiality of material information before public disclosure and practices to be employed in making public disclosures and subsequent communications. Application of this Policy is intended to ensure compliance with applicable laws and regulations, establish equitable disclosure standards, and foster delivery of accurate, timely, and consistent information to the Company’s stakeholders.
Tethyan Resources Personnel and others are prohibited from trading in the Company’s Securities if they have knowledge of undisclosed material information. Undisclosed material information means any information, event or circumstance (including a change in previous information or facts) relating to the business and affairs of the Company that would have a reasonable likelihood to have a significant effect on the market price of the Company’s Securities or be considered important to an investor in making an investment decision regarding the purchase or sale of the Company’s Securities.
Tethyan Resources supports the Extractive Industries Transparency Initiative (EITI), which was established to increase transparency over payments by companies from the mining industries to governments and government-linked entities, as well as transparency over revenues received by those host country governments. Please see the Extractive Industries Transparency Initiative Standard, 2013 at http://eiti.org/eiti/principles
Tethyan Resources supports human rights consistent with the United Nations Declarations on Human Rights and the Voluntary Principles on Security and Human Rights (VPSHR). Established in 2000, the VPSHR are a set of principles designed to guide companies in maintaining the safety and security of their operations within an operating framework that encourages respect for human rights, see http://www.voluntaryprinciples.org/wp-content/uploads/2013/03/voluntary_principles_english.pdf