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Avoidance of conflict of interests
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Updated
byTariq Mahmood
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3.8 Avoidance of conflict of interests
LCPL’s employees must act, at all times, in the company’s best interest and avoid putting themselves in a position where their personal interest conflicts with the company’s interest. Conflict of interests can arise in many different ways but the following are some clear conflicts of interest that must be avoided:
- making personal gain (other than authorized salary and benefits) at the company’s expense,
- participating in or assisting activities, which compete with LCPL,
- working for a customer or supplier of LCPL, or
- holding any ownership interest, directly or indirectly, in a customer, supplier, distributor or competitor of LCPL.
- If at any time any employee finds himself/herself in a position, which involves or might look as if it involves a conflict of interest, he/she must immediately inform his/her manager.
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