Compliance and Corporate Governance
One of the group’s primary business objectives requires adherence to local, national and international laws. A requirement that shows the group’s integrity and honesty in all their dealings. Risk management and internal controls are therefore embedded throughout Intertek, assuring the accuracy and validity of reports and certificates that the group provides to customers.
The International Federation of Inspection Agents (IFIA) issues a Compliance Code which defines the standards of conduct and integrity with which IFIA members must comply. The DASH Compliance Code is a document including the detailed set of principles and rules taken from this IFIA Code.
The group operates a ‘Zero Tolerance’ policy in regards to breaches of ethics. All employees are required to sign an agreement, confirming their understanding that any breaches of the group’s Code of Ethics will result in disciplinary action that may include summary dismissal of the employee concerned.
DASH 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 DASH Contact for all employees, contractors, and others representing DASH to enable confidential reporting of suspected misconduct or breaches of the code. Independently owned and operated by DASH Global, reported concerns will be kept secure and confidential.
All complaints are investigated thoroughly with action taken as appropriate.
What are our compliance goals?
- To avoid conflicts of interest and to act openly, responsibly and within the confines of the law and internationally accepted guidelines.
- To implement current ‘best practice’ policies in all control procedures.
- To maintain a culture in which all employees know what is expected of them.
- To monitor adherence to organizational controls and reporting procedures.
Who is responsible?
DASH’s Head of Legal supervises the group’s compliance and reports to the group chairman.
Our corporate governance
DASH is committed to high standards of corporate governance, business integrity, and professionalism in all its activities. The Board is responsible for the proper management of the company and is also accountable to the company’s shareholders for ensuring that principles of good governance are applied.
The Board comprises a balance of Executive and Non-Executive Directors who bring a wide range of skills and experience to its deliberations. The Non-Executive Directors fulfill a vital role in corporate accountability and bring independent judgment to issues of strategy, performance, resources, and standards of conduct.
The Board is committed to good corporate governance and is aware of its responsibility to be accountable to shareholders and to demonstrate that the company is properly governed and delivers its strategy.
Our internal controls and audits
The Board is ultimately responsible for establishing and maintaining the group’s 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 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 group’s short and long-term value, including those arising from social, environmental and ethical matters. The Audit and Risk 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 DASH Code of Ethics, which provides practical guidance and instruction for staff.
- DASH Code of Ethics
- DASH Code of Ethics Agreement
- DASH Compliance Hotline
- DASH Anti-Bribery Policy