Petronas Essay

PETRONAS Gas Berhad (PGB or the Company) and its subsidiaries (Group) are committed to a high level of accountability, transparency and maintaining an ethical, law-abiding culture that provides enormous benefit to the Group. The CoBE serves as a guide to be applied by every employee and director of each PETRONAS companies worldwide. PETRONAS encourages joint ventures and associate of the Group to also adopt these or similar principles and standards.

The CoBE places significant importance in upholding loyalty and cohesiveness, all of which form the foundation for the success of the Company. The CoBE contains a detailed policy on the standards of conduct expected from each employee as well as the Directors of the Company. The Company also enforces

The PETRONAS Code of Conduct and Business Ethics (CoBE) sets out PETRONAS’ core principles in this regard. The PETRONAS Anti-Bribery and Corruption Policy and Guidelines (here in after referred to as the “ABC Manual”) elaborate upon those principles, providing guidance to employees concerning how to deal with improper solicitation, bribery and other corrupt activities and issues that may arise in the course of business. It is also intended to apply to every director (executive and non-executive) except as otherwise stated in this Policy and Guidelines. Joint venture companies in which PETRONAS is a non-controlling co-venturer and associated companies are encouraged to adopt similar principles and standards. PETRONAS also expects that contractors, subcontractors, consultants, agents, representatives and others performing work or services for or on behalf of PETRONAS will comply with the relevant parts of the ABC Manual when performing such work or

Rather, they are intended to provide employees with a basic introduction to how PETRONAS combats bribery and corruption in furtherance of the group’s commitment to lawful and ethical behavior at all times. Some of the guidelines are designed to prevent situations in which bribery and corrupt practices may take root.

1.1.4 Petronas Core Values and Culture.

PETRONAS is committed to the highest standards of integrity, openness and accountability in the conduct of the group’s business and operations. PETRONAS seeks to conduct its affairs in an ethical, responsible and transparent manner.

As an employee in the PETRONAS group, they have a duty to serve PETRONAS with good faith, fidelity, diligence and integrity. They are required to act in the best interests of PETRONAS and to refrain from engaging in conduct or activities which may adversely affect the best interests of PETRONAS. They are at all times required to: • conscientiously maintain the highest degree of