Pavilion Energy is committed to high standards of corporate governance and has established a governance framework which guides and protects our business interests and operations.
Accountability & Responsibility
The Board provides guidance and direction to the Management in achieving the corporate strategic objectives. With support from Audit Committee and Risk Management Committee, the Board carries out its responsibility on the oversight of the system of internal control and risk management, and management is responsible and accountable for the governance. Management also has to ensure that good governance culture is embraced throughout the organisation.
Internal Control System & Risk Management
Pavilion Energy’s internal control system serves to ensure our assets are safeguarded and that risk management control measures and procedures are adequate and effective.
Compliance & Transparency
Pavilion Energy is fully committed to conducting business with integrity and in accordance with applicable laws and regulations. We value our reputation and are committed to maintaining the highest possible ethical standards in all its business activities. Policies such as Competition Law Compliance, Anti-Bribery and Corruption, Conflict of Interest (including disclosure of interests) are in place to guide all employees for strict compliance and proper transparency. Our whistle-blowing framework also facilitates the reporting of fraud and wrongdoings in the organisation.
Checks & Balances
In addition to statutory audit, internal auditors are engaged to assess and improve the internal control systems of the company. We believe checks and balances are keys to good corporate governance. Our group policies and procedures are based on best practices that provide checks and balances on our business operations.