Economic responsibility
As a growing and profitable business, we are in a good position to meet the expectations of all our shareholders. As such, economic responsibility forms the basis for us to consider the environmental and social responsibility aspects of our operations.
We are committed to full compliance with all applicable national and international laws and regulations, including anti-competition laws and anti-corruption practices. As a stock exchange listed company, Incap strictly complies with securities market regulations and guidelines for good corporate governance as well as transparent and open reporting and communication.
We also have a responsibility to create value to all other stakeholders. Our suppliers and partners expect us to provide fair and increasing opportunities for making business. We create value to the societies where we operate through payment of taxes to the local governments and voluntary participation in various local programmes and projects. It is important for us to be a responsible and good citizen in the countries and areas where we operate.
Incap is a growing company in a growing industry with good profitability creating economical value for its shareholders. As a responsible growth company, we meet the expectations of all our stakeholders and support continued value creation for our investors in the long term.
We support and strive for fair competition and free markets, and thus we do not enter into discussions, agreements or business practices with competitors concerning pricing, market shares, or other similar activities. We are committed to winning business only on the merits of our services and people and comply with all legal requirements for giving and receiving gifts and entertainment. We do not offer or accept bribes.
Incap’s Code of Conduct and Supplier Code of Conduct outline Incap’s stance on anti-competitive behaviour and anti-corruptive practices, which suppliers are expected to adhere to and Incap screens them for.
In 2021, there were no reported incidents of corruption or legal actions taken for anti-competitive behaviour, anti-trust or monopoly practices.