“We Are Constantly Working Towards The Highest Level Of Compliance Possible.”
“Our gOal is tO set the gOld standard when it cOmes tO cOmpliance.”
The TIC Council issues a Compliance Code which defines the standards of conduct and integrity with which TIC Council members must comply. The World Standardization Certification and Testing group (WSCT)’s Compliance Code is a document including the detailed set of principles and rules taken from this TIC Council Compliance Code.
WSCT is committed to maintaining a culture where issues of integrity and professional ethics can be raised and discussed openly. This is why we provide the Hotline for all employees, contractors and others representing WSCT, to enable confidential reporting of suspected misconduct or breaches of the Code, or any of our policies (including our Labour and Human Rights Policy and Modern Slavery Policy). They can also call the 0086-755-26996053
. where calls are answered 24/7 in English, Chinese, Urdu, Arabic and African Languages by trained specialists and interpreters are available. Independently owned and operated by Convercent, reported concerns will be kept secure and confidential. All complaints are investigated thoroughly with action taken as appropriate.
The WSCT operates on 'zero tolerance' policy in regard to breaches of complia. All employees are required to sign an agreement, confirming their understanding that any breaches of the WSCT's Compliance code will result in disciplinary action that may include summary dismissal of the employee concerned.
WSCT compliance code implementation goals are:
• To implement current 'best practice' policies in all control procedures.
• To maintain a culture in which all employees know what is expected from them.
• To monitor adherence to organizational controls and reporting procedures.
• To avoid conflicts of interest and to act openly, responsibly and within the
confines of the law and internationally accepted guidelines.
• To avoid practice of bribery or other means of corruption in the company.
• To maintain the confidentiality of the conducted work.
Our internal controls and audits
The Compliance Board is ultimately responsible for establishing and maintaining the WSCT’s Compliance system of internal controls, and for reviewing its effectiveness. Such a system can realistically only manage, rather than eliminate, the risk of failure to achieve business objectives, and can only provide reasonable assurance against material misstatement or loss.
The Compliance Board confirms that, in addition to internal compliance and quality audits, there is an on-going process for identifying, evaluating and managing any significant risks to the WSCT's short and long-term value, including those arising from social, environmental and ethical matters. The Audit Committee reviews the effectiveness of the system of internal control during the year.
In particular, it reviews and continues to seek to improve the process for identifying and evaluating the significant risks affecting the business and the policies and procedures by which these risks are managed. This is reinforced by the Intertek Code of Ethics, which provides practical guidance and instruction for staff.