Communication on Progress

Participant
Published
  • 2014/11/27
Time period
  • December 2014  –  December 2014
Format
  • Stand alone document – Basic COP Template
Differentiation Level
  • This COP qualifies for the Global Compact Active level
Self-assessment
  • Includes a CEO statement of continued support for the UN Global Compact and its ten principles
  • Description of actions or relevant policies related to Human Rights
  • Description of actions or relevant policies related to Labour
  • Description of actions or relevant policies related to Environment
  • Description of actions or relevant policies related to Anti-Corruption
  • Includes a measurement of outcomes
 
  • Statement of continued support by the Chief Executive Officer
  • Statement of the company's chief executive (CEO or equivalent) expressing continued support for the Global Compact and renewing the company's ongoing commitment to the initiative and its principles.

  • On Behalf of Oceanic Group, i am pleased to reconfirm our company's commitment to the UN Global Compact. We became a signatory as we believe that the UN Global Compact's ten principles reflect our philosophy and standards.

    We will continue to look to the ten princples. We remain our full commitment the global compact and will continue to balance economic interests with those of the environment and communities.

    Sincerely Yours
    Mr Daniel Chui
    Chief Executive
    Oceanic Group Pte Ltd

Human Rights
  • Assessment, policy and goals
  • Description of the relevance of human rights for the company (i.e. human rights risk-assessment). Description of policies, public commitments and company goals on Human Rights.

  • Our employees are aware of their own human rights and respect the rights of others. We believe in communication for a positive work environment. We encourage employees to bring forward their suggestions and ideas to the management. We will listen and consider the suggestions. Our employees receive a fair compensation and benefit program and have a flexible workplace

  • Implementation
  • Description of concrete actions to implement Human Rights policies, address Human Rights risks and respond to Human Rights violations.

  • A dedicated committee made up of staff from various office to help raise awareness among the offices on issues dealing with human rights, labour, environment and anti-corruption

  • Measurement of outcomes
  • Description of how the company monitors and evaluates performance.

  • Yearly review of the policies and yearly report to the senior management to see if any changes and review to the company policies are required

Labour
  • Assessment, policy and goals
  • Description of the relevance of labour rights for the company (i.e. labour rights-related risks and opportunities). Description of written policies, public commitments and company goals on labour rights.

  • Oceanic Group respects employees right

    Oceanic Group does not tolerate forced or involuntary labour of any form. Including work on forced contract or other forms of work against one's will or choice.

    Oceanic does not support child labour and do not use children as part of our workforce

    Oceanic employs individuals of different ages, genders, ethnicity, physical and mental abilities. Oceanic value the unique background of each of the employee and we do not tolerate any form of discrimination against any applicant or employee

  • Implementation
  • Description of concrete actions taken by the company to implement labour policies, address labour risks and respond to labour violations.

  • Any oceanic employee are welcomed to drop their suggestions to the HR Department or management or the dedicated committee members

  • Measurement of outcomes
  • Description of how the company monitors and evaluates performance.

  • Oceanic Management and HR Department will report on the review of the code of conduct on a yearly basis

Environment
  • Assessment, policy and goals
  • Description of the relevance of environmental protection for the company (i.e. environmental risks and opportunities). Description of policies, public commitments and company goals on environmental protection.

  • Oceanic is committed to a healthy and sustainable environment, by establishing policies that outline how Oceanic conduct business in a safe and environmentally sound way.

    Oceanic is fully committed to protecting the the environment and its resources. We are constantly looking for ways to use resources more efficiently and to reduce the environmental burden of waste generation and emissions into the air, water and land.

    Oceanic conduct operations that is committed to recycling, conserving resources and preventing pollution

    Oceanic will inform and work with suppliers and business partners of our environmental principles

    We conduct internal training and inform new employees of the company policy to strive towards a better environment

    Being a ship management company, Oceanic also aims to reduce emissions through improvements in vessel fuel consumption and working with maritime organization for ways to achieve fuel efficiency and reduction in emission

  • Implementation
  • Description of concrete actions to implement environmental policies, address environmental risks and respond to environmental incidents.

  • We are working at ways to reduce usage of paper so as to protect the environment

    Working with various maritime organization and shipowners for ways to go green

  • Measurement of outcomes
  • Description of how the company monitors and evaluates environmental performance.

  • Yearly review of the environment policies

Anti-Corruption
  • Assessment, policy and goals
  • Description of the relevance of anti-corruption for the company (i.e. anti-corruption risk-assessment). Description of policies, public commitments and company goals on anti-corruption.

  • Oceanic Group is fully committed to uphold high moral and ethical principles

    No employee can hold any sort of interest or be involved in any activity or business that might constitute a conflict of interest with the company.

    Kickbacks, fees, commissions or any form of payment intended to induce or reward favourable decisions are not accepted and prohibited.

  • Implementation
  • Description of concrete actions to implement anti-corruption policies, address anti-corruption risks and respond to incidents.

  • Oceanic anti-corruption rules and guidelines are clearly stated in the company's code of conduct

    We also partner with suppliers and clients to promote ethical business practices

  • Measurement of outcomes
  • Description of how the company monitors and evaluates anti-corruption performance.

  • Yearly review