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55<br />
Code of ethics<br />
Policy<br />
PPHE Hotel Group recognises and acknowledges the Universal<br />
Declaration of Human Rights 1948 and is committed to<br />
conducting its business in a manner consistent with the<br />
principles contained therein and to protect human rights within<br />
the business.<br />
PPHE Hotel Group feels it is important that all employees have<br />
a clear understanding about the ethical values and believes that<br />
these ethical values as well as the cultural values (trust, respect,<br />
teamwork, enthusiasm, commitment and care) are fundamental<br />
when operating an art’otel. It is the responsibility of the hotel<br />
that the stakeholders are familiar with the ethical values and<br />
therefore the values can be downloaded from the art’otel<br />
Intranet<br />
Ethical values<br />
At PPHE Hotel Group, believes that having a strong set of core<br />
principles is essential for its business. PPHE’s fundamental<br />
business principles (‘Code of Ethics’) helps ensure that<br />
Directors, employees, agents and business partners all operate<br />
to the highest ethical and legal standards.<br />
A fundamental element of art’otel’s business principles is<br />
ensuring that business is conducted honestly and in good faith,<br />
free from bribery, fraud and deception. Everyone at PPHE Hotel<br />
Group must conduct their activities in accordance with these<br />
business values and Code of Ethics at all times.<br />
PPHE Hotel Group has a zero-tolerance policy on bribery,<br />
fraud and corruption and any allegations of such conduct or<br />
behaviour by a member of staff will be treated with the utmost<br />
seriousness. Further, failure to adhere to the relevant codes,<br />
policies and procedures will result in our Disciplinary Policy<br />
being applied and may lead to dismissal.<br />
The following Key Principles summarise the manner in which<br />
PPHE Hotel Group expects to conduct its business. They apply<br />
to PPHE Hotel Group employees and its business partners. In<br />
the event of uncertainty, the hotel is encouraged to seek<br />
assistance with art’otel on the correct course of action to take.<br />
(1) Integrity Our employees are expected to deliver services that meet the highest professional, ethical<br />
and business standards.<br />
We continuously strive to build long term relationships with our guests and business partners<br />
by acting honestly, fairly and transparently at all times.<br />
(2) Compliance with the<br />
law<br />
(3) Anti-bribery and<br />
corruption<br />
(4) Fraud -<br />
zero tolerance<br />
All our employees and others to whom this Code applies must comply with the laws,<br />
regulations and professional standards of every country in which they operate.<br />
In the event of any conflict between this Code and the laws of any country in which business<br />
is being conducted, the higher standard must always be applied.<br />
Any person involved in our business must not, directly or indirectly, authorise, offer, promise,<br />
pay, give or receive (i) a bribe; (ii) a kickback; or (iii) a facilitation payment.<br />
The amount of the bribe offered or paid is irrelevant and it need not actually be paid for an<br />
offence to be committed.<br />
PPHE Hotel Group is committed to the prevention, detection and proper investigation of fraud<br />
and seeks a mutual commitment from its business partners in this respect.<br />
Fraudulent conduct involves deception and dishonesty and includes: (i) fraudulent financial<br />
reporting; (ii) misappropriation of assets; (iii) theft; (iv) bribery or corruption; (v) concealing a<br />
conflict of interest.<br />
(5) Gifts and hospitality PPHE’s employees or others to whom this Code applies must not accept or offer gifts, meals,<br />
entertainment or other benefits that go beyond normal business courtesies, other than in<br />
accordance with the Gift & Entertainment Policy.<br />
A central register of gifts and hospitality is kept. This contains complete details of any<br />
entertainment, hospitality or gift accepted.<br />
Gifts and Entertainment Policy has further guidance on this.<br />
The <strong>less</strong> <strong>arty</strong> <strong>issues</strong><br />
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