H E Saad bin Sherida Al Kaabi, Minister of State for Energy Affairs, President and CEO of QP, at the launch of the new QP Code of Conduct, at QNCC, yesterday.
DOHA: H E Saad bin Sherida Al Kaabi, Minister of State for Energy Affairs, President and CEO of Qatar Petroleum, launched the new QP Code of Conduct. The launch was part of the Ethical Leadership Conference, called “Hawiyyatna” (Arabic for Our Identity), which was held at the Qatar National Convention Center.
The Code of Conduct is a comprehensive document that will define Qatar Petroleum’s shared commitment, the way it conducts business, and the ethical values with which it wants to be identified.
The document, entitled “Shaping Who We Are”, will act as a new supportive element in Qatar Petroleum’s drive to realize its vision of becoming one of the best national oil and gas companies in the world.
Speaking at the event, the Minister highlighted key Qatar Petroleum achievements that took place since its transformation began with the success of its 2014 reorganization and optimization program. He also provided an overview of Qatar Petroleum’s ambitious business strategy, which has driven its international expansion in various parts across the globe.
Al Kaabi said, “The launch of our Code of Conduct will ensure connecting all our success stories together by a matrix of ethical practices that would ensure Qatar Petroleum being measured up against the best in our business.”
“This important next step sets out the rules that guide our behavior, the principles that establish our culture, and the beliefs that we share with the world and against which the world will judge our actions. It defines our shared commitment, the way we worktogether and with others, and the expectations we have of each and every one of our employees”, he added.
Al Kaabi said, “There is no doubt that having a business culture focused on ethical conduct is critical to QP’s success. Therefore, by adopting and launching this code, Qatar Petroleum is creating the foundations of a corporate culture of ethical behavior that will certainly define us as an organization and sets our business principles. I believe that this will shape who we are by committing to the best practices in everything we do and everywhere we go.”
The new Qatar Petroleum Code of Conduct, which was developed according to international best practices, is an inclusive and principles-based document. It outlines expectations, and describes a set of consistent behaviors for Qatar Petroleum and all those who do business with it.
The Ethical Leadership Conference “Hawiyyatna” was held with the participation of Qatar Petroleum’s executive leadership team and higher management as well as CEOs and senior representatives of QP’s subsidiaries and joint ventures.
The conference focused on commitment to Ethical Leadership, and how to create and commit to a culture built around best ethical practices. It included both speaker engagements and interactive sessions covering key areas of the code; how to work together and with others, openness & transparency, doing the right thing, accountability, ethical decision making, and the importance of speaking up.
