The board is responsible to shareholders for the management of the company and for the protection of its assets. As such, it is ultimately responsible for implementing Mccoy’s systems of internal control and for reviewing their effectiveness. These systems are designed to manage, rather than eliminate, the risk of failure to achieve business objectives and consequently can provide reasonable, but not absolute, assurance against material mis-statement or loss.
The board, through its committees and at its regular meetings, has a continuous process for identifying, evaluating and managing significant risks faced by Mccoy, including strategy, major projects to be undertaken, significant acquisitions and disposals, as well as entry to and exit from different markets. Where appropriate, business decisions are reached following a structured and documented review of potential opportunities and threats, taking steps designed to manage or mitigate any residual risk exposure.
Our Code of Business Conduct (Code) is a set of principles to guide us, and those who work on our behalf and under our direction, in the conduct of our day-to-day business. It is equally valid wherever in the world we are operating and whoever we are working with. It is a practical application of our values. We must sustainably deliver excellence to our customers by believing in people, never compromising on safety and acting at all times with integrity.
Our Code of Conduct is common around the world Mccoy and is made available to our employees in a number of different languages. Our internal intranet provides access to training materials, examples of how to behave in a variety of situations and full details of how to report a suspected breach of the Code.
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