Business Prinicples

The Hemant General Business Principles govern how each of the Hemant group companies would conduct
its affairs.

Our Prinicples

Hemant Group is currently engaged in distribution of world class lubricants products of reputed multinationals. It always remains active in search of expanding the market opportunities to achieve the exponential growth. The group objectives are to provide services efficiently, responsibly and profitably .Our Expansion path is accompanied by our core values of honesty, integrity and respect for people underpin all the work we do. These are the foundation of our business
principles.

The Business Principles apply to all transactions, large or small. They drive the behavior expected of every employee. We are judged by our actions. Our reputation will be upheld if we act in accordance with the law and the Business Principles. These Principles since last decade have been fundamental to our business and living by them is crucial to our continued success.

Our Values

Our employees share a set of core values –
Honesty,
Integrity
Respect for people.

We also firmly believe in the fundamental importance of trust, openness, teamwork and professionalism, and pride in what we do.

Our Responsibilities

Hemant group recognize five areas of responsibility. It is the duty of management and employees to continuously assess the priorities and discharge their responsibilities on the basis of continuous self assessment.

To Customers

To win and maintain customers by providing products and services which offer value in terms of price and quality, which are supported by the requisite technological and commercial expertise.

To Employees

To Protect the individual rights of our employees and to provide them with good and safe working conditions.

To promote the development and best use of the talents. To create an inclusive work environment where every employee has an equal opportunity to develop his or her skills and talents.

To encourage the involvement of employees in the planning and direction of their work; to provide them with channels to report concerns.

We recognize that commercial success depends on the full commitment of all employees.

To Our Business Partners
To seek mutually beneficial relationships with supplier companies, sub-distributors, and other trade partners.

To Society
To conduct business as responsible members of society, to comply with applicable laws and regulations, to support fundamental human rights in line with the legitimate role of business, and to give proper regard to health, safety, security and the environment.

Our Business Principles

Principle 1
Economic
Long-term profitability is essential for achieving the business goals and the continued growth process. It is a measure both of efficiency and the value that customers place on our products & services. It increases the necessary resources for the continuous investment that is required to further our growth and size. Without profits and a strong financial foundation, it would not be possible to fulfill our responsibilities.

Principle 2
Competition
The Group support free Enterprises and seeks to compete fairly and ethically within the framework of applicable competition laws; we will not prevent others from competing freely with us.

Principle 3
Business Integrity
We insist on honesty, integrity and fairness in all aspects of our business and expect the same from all those with whom we do business. Employees must avoid conflicts between their private activities and their part in the conduct of company business. Employees must also declare to their employing company potential conflicts of interest. All business transactions on behalf of the group must be reflected accurately and fairly in the accounts of the company in accordance with established procedures.

Principle 4
Health, Safety, Security and Environment
We will pursue a systematic approach to health, safety, security and environmental management in order to achieve continuous performance improvement. For this, we will set policies and procedures to manage these matters.

Principle 5
Comunication and Engagement
We recognize that regular dialogue and involvement of our business partners is essential. We are committed to true reporting of our performance by providing full relevant information to legitimately interested parties, subject to any overriding considerations of business confidentiality. In our interactions with employees, business partners and local communities, we seek to listen and respond to them honestly and responsibly.

Principle 6
Compliance
We comply with all applicable laws and regulations.