SUPPLIER CODE OF CONDUCT
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Our suppliers are selected and evaluated beyond the basis of economic criteria. We also look closely at environmental protection, compliance with human rights, labor and social standards as well as anti-discrimination and anti-corruption policies. TRX Energy, has committed to the principles of “We source responsibly” and wants to partner with suppliers to further develop their sustainability performance in its supply chain.
We expect our suppliers to fully comply with applicable laws and to adhere to internationally recognized environmental, social and corporate governance standards (ESG standards). We also expect our suppliers to use their best efforts to implement these standards with their suppliers and subcontractors. Inspired by the United Nations Global Compact initiative, the United Nations Guiding Principles and Human Rights, the International Labour Organization's Declaration on Fundamental and Principles and Rights at Work, Our Supplier Code of Conduct represents our understanding of these ESG standards.
1.0 Guideline Statement
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The Supplier Code of Conduct (SCOC) outlines TRX Energy’s fundamental expectations of its suppliers regarding their activities in the production and delivery of goods and services supplied directly to TRX Energy. The Supplier Code of Conduct supports TRX Energy’s values, purpose and strategy, as well as internationally recognised standards and appropriate codes of practice. By accepting and abiding by this SCOC, suppliers affirm that they are committed to working with TRX Energy and are aligned to its values, purpose and strategy. It is the supplier’s responsibility to achieve and maintain the minimum standards outlined in this SCOC, and train employees and contracted parties on their consequential rights and responsibilities.
The SCOC covers People, Environment, Community, Corporate Governance and Supply Chain.
TRX Energy will continue to evaluate suppliers on capability and commercial acumen, while taking into consideration compliance to the Supplier Code of Conduct where relevant.
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2.0 Scope
This guideline applies to Significant Suppliers of goods and services to TRX Energy, whether local, national or international.
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3.0 Definitions
In this Supplier Code of Conduct, unless the context otherwise indicates:
Significant Suppliers means organisations that are under contract (via a Master Supply Agreement, Specialist Service Agreement, Design & Construction Contract or a Purchase Order) and constitute a significant portion of total operating spend to TRX Energy, They are usually difficult to replace without significant effort and they are relied upon to provide essential goods and/or services to TRX Energy, They are organisations that pose the highest level of social, environmental or economic risk.
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4.0 People
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4.1 Human Rights
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TRX Energy is committed to creating and supporting a culture and work environment in which people have opportunities to do their best work.
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Suppliers must comply with all relevant local and national laws and regulations with regard to employment practices, benefits, health and safety and anti-discrimination.
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Suppliers will commit to provide a workplace free of any form of harassment.
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Suppliers shall not use any form of forced, bonded, indentured or prison labour. All work must be voluntary, and workers shall be free to leave work or terminate their employment with reasonable notice.
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Suppliers must strive to support the principles in the UN Global Compact.
4.2 Diversity
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TRX Energy is committed to encouraging diversity in the workplace and the provision of a work environment that is free from discrimination and promotes equal opportunity to all.
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Suppliers are to promote an inclusive workplace where employee differences in areas like gender, sexual preference, age, culture, disability and lifestyle choice are valued.
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Suppliers must strive to provide a workplace that is free of direct or indirect discrimination, harassment or bullying.
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4.3 Learning & Development
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TRX Energy is committed to supporting the career development of its employees through continuous learning, by providing opportunities to develop skills and experiences, assisting them to achieve their career goals.
Suppliers must be committed to the provision of relevant training, learning and development opportunities for all employees.
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4.4 Workplace Health and Safety
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TRX Energy is committed to a zero-harm approach in terms of the health and safety of our employees, contractors, tenants and visitors to our assets.
Suppliers must support and demonstrate their commitment to:
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prevent worker exposure to potential safety hazards
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comply with all relevant local and national laws and regulations with regard to occupational health and safety and the provision of health-related benefits to employees
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have written safety and health policies and standards
have a documented system to record and reduce work-related injury and illness.
5 Environment
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Suppliers are to manage the minimisation of their environmental impact in the course of doing business, and to support and encourage others where it can meaningfully do so.
All required environmental permits and registrations are to be obtained, maintained and kept current.
5.1 Climate Change and Energy
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TRX Energy aspires to identify and respond to climate change risks and opportunities in managing our property portfolio and work towards carbon neutrality in our operations, development and business activities.
Suppliers will commit to reduce their carbon emissions in areas within their control, and to imbed a preference for carbon neutral products and services in their purchasing process.
5.2 Waste & Resource Management
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TRX Energy aspires to utilise resources optimally for maximum lifecycle and disposal of waste without environmental harm.
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Waste
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Suppliers will commit to maximising the reuse and recycling of materials while minimising waste volumes with an aim to minimising waste to landfill.
Resource
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Suppliers will commit to utilise resources optimally for maximum lifecycle, and to only use what is needed.
5.3 Biodiversity
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TRX Energy aspires to positively contribute to sustainable and resilient communities and ecosystems through the protection of biodiversity.
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Wherever possible, Suppliers will make a positive contribution on biodiversity, in relation to the products and services they provide.
5.4 Water
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TRX Energy to employ best practice approaches to sustainable use and management of water resources.
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Suppliers will commit to sustainable use and management of water resources in all areas that it has control over, and to support and encourage others where it can
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meaningfully do so.
6.0 Community
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6.1 Community Engagement & Development
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TRX Energy aims to make a net positive contribution to our communities, people and environment.
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The supplier will commit to contribute to the local communities which the Supplier impacts and support their sustainable development.
7.0 Corporate Governance, Business Conduct and Ethics
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TRX Energy regards good corporate governance as being of critical importance to all of TRX Energy stakeholders and a fundamental component to TRX Energy’s commitment to security holders. SMSI ’s Board strives to ensure that TRX Energy meets high standards of governance across its operations.
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Suppliers must strictly comply with all laws and regulations on bribery, corruption, and prohibited trade and business practices.
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Suppliers must conduct their business in accordance with high ethical standards.
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Suppliers must have effective and transparent allocation of responsibilities between Board and management, where an applicable management structure exists.
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Suppliers must have effective processes in place to prevent or immediately disclose a conflict of interest or the appearance of a conflict of interest related to its relationship with TRX Energy as soon as possible to .
8.0 Supply Chain
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TRX Energy is committed to working in partnership with our suppliers to realise the full value of our relationships and to positively contribute to our stakeholder communities and the environment.
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Suppliers must adopt similar principles to those outlined in this SCOC in dealing with their own Significant Suppliers.
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Suppliers must adhere to acceptable business practices with their own suppliers, including providing timely payment.