Policies & Ethics
Our Commitment to Integrity & Responsibility
OUR APPROACH
Responsible Governance
Responsible Governance
in Practice
JEPCO’s policies and ethical principles guide our operations, ensure legal compliance, promote transparency and respect, protect people and the environment, and build trust with our stakeholders. Together, they support long-term sustainable development and value creation.
Legal
Compliance
Integrity &
Honesty
Accountability
Sustainability
Our Ethical Principles
Legal Compliance and
Ethical Conduct
Compliance with laws, industry regulations, standards, and fair and ethical conduct guides all JEPCO activities.
Accountability,
Respect, and Humility
We value accountability, transparent reporting, responsible conduct, respect for others, and fulfillment of our obligations.
Trustworthiness
and Honesty
Honesty, fairness, transparency, and integrity guide our business relationships, with zero tolerance for improper payments, gifts, or bribery.
Social Behavior
We support equal opportunity, avoid conflicts of interest, and expect responsible conduct free from partisan or political activity.
Continuous Improvement,
Collaboration, and Teamwork
We support equal opportunity, avoid conflicts of interest, and expect responsible conduct free from partisan or political activity.
Stakeholders and
Customer Satisfaction
We communicate openly and transparently with stakeholders and place customer satisfaction and timely response to their needs among our priorities.
Safety, Health, and
Environmental Protection
The health and safety of people and protection of local communities and the environment are priorities in all JEPCO operations.
Sustainable Development and
Social Responsibilities
We pursue long-term value creation in line with our sustainable development policies and commitment to constructive social responsibility.
CODE OF ETHICS
Our Ethics in Practice
The principles above define the foundation of JEPCO’s ethical conduct. The following commitments explain how these principles are expected to be applied in practice.
1. Legal Compliance and Ethical Conduct
We prioritize respect for and adherence to the law in all our operations, considering compliance with legal standards as our duty under all circumstances. Therefore, we expect all employees to properly adhere to industry laws, regulations, and standards in their areas of activity. Furthermore, in competition, they should conduct themselves based on fair and ethical principles and adhere to all laws and regulations.
2. Accountability, Respect, and Humility
We recognize our commitment to society and consider accountability and responsiveness as both human and organizational responsibilities. Therefore, we are all committed to providing accurate and comprehensive information regarding financial activities, ensuring transparency and accountability in reporting processes. Additionally, we strive to be sincere and humble in our interactions with others and respect their rights and needs by fulfilling our duties and obligations.
3. Trustworthiness and Honesty
For us, integrity, fairness, and dignified conduct based on justice are fundamental. All employees must conduct themselves with honesty and transparency in all transactions and business relationships, expecting the same from others. They should also refrain from accepting direct or indirect offers, payments, gifts, or bribes in any business transactions and relationships.
4. Social Behavior
We expect all employees to provide equal opportunities for all individuals, regardless of ethnicity, gender, age, nationality, or any other legally recognized characteristic, and to refrain from actively participating in partisan and political activities. They should also actively avoid situations that may create conflicts of interest between the company and its partners.
5. Continuous Improvement, Collaboration, and Teamwork
Continuous improvement and productivity enhancement, based on collective wisdom, organizational participation culture, and teamwork, are essential and effective principles for us.
6. Stakeholders and Customer Satisfaction
All our employees are committed to treating stakeholders with respect, integrity, and consideration. Therefore, open and transparent communication and providing accurate and timely information about their activities and performance are expected. They should also prioritize customer satisfaction in all their actions, striving to meet needs and expectations optimally and promptly.
7. Safety, Health, and Environmental Protection
For us, preserving health and safety and protecting the environment are top priorities in all matters. Therefore, we expect all employees to implement safety and health measures in all company operations to ensure the health and well-being of themselves, contractors, and stakeholders. They should also prioritize the protection of local communities and the environment in which they operate.
8. Sustainable Development and Social Responsibilities
All employees are expected to strive for long-term profitability in line with the company’s sustainable development policies and to recognize that through social responsibilities, the company can play a constructive role in the communities in which we operate.
QUALITY MANAGEMENT SYSTEM
Quality Management System Policy Statement
Javid Energy Parto Company, a subsidiary of Pasargad Energy Development Company, was established to create, develop, and operate oil, gas, and petrochemical complexes. The Company is focused on the construction and commissioning of the 60,000 barrels per day Qeshm Gas Condensate Refinery.
With the vision of becoming a leading company in the development of refining, oil, gas, and petrochemical projects, and a benchmark in organizational productivity and sustainable development of Iran’s refining industry by 2029 (1408), JEPCO has established and implemented a Quality Management System in accordance with ISO 9001:2015.
The system is intended to meet the requirements of customers and other relevant interested parties, comply with applicable legal and other requirements, and achieve continual improvement of organizational processes based on a process approach.
01
Continual Improvement
Continual improvement of business performance, productivity, and the effectiveness of the Quality Management System.
02
Safety, Health & Workforce Competence
Enhancement of safety and health, along with the promotion of workforce competence and empowerment.
03
Organizational Excellence
Advancement of organizational excellence and the establishment of a decision-making system based on reliable data, information, and evidence.
04
Culture & Knowledge Management
Development and improvement of organizational culture and knowledge management.
05
Customer Satisfaction
Enhancement of customer satisfaction through the delivery of products and services that fully conform to customer requirements and expectations.
06
Business Resilience & Sustainability
Development of business resilience and sustainability, together with environmental protection.
07
Legal & Applicable Requirements
Identification, monitoring, and fulfillment of legal and other applicable requirements.
08
Risk & Opportunity Management
Effective management of risks and exploitation of business opportunities.
09
Qeshm Refinery Delivery
Construction and commissioning of the 60,000 barrels per day Qeshm Gas Condensate Refinery in full compliance with technical, legal, and contractual requirements, as well as the approved schedule.
MANAGEMENT COMMITMENT
To ensure the continued suitability and dynamism of the system, this policy will be reviewed periodically. The realization of these principles is achievable only through the active participation and collaboration of all personnel.
All employees are required to understand, implement, and promote the provisions of this policy at all organizational levels. The Company’s management is fully committed to achieving these objectives, supporting the policy, continually improving the effectiveness of the Quality Management System, and providing the resources required for its successful implementation.
Mohammad Rezaei
Managing Director
HSE POLICY
Our Commitment to Health, Safety & Environment
To ensure the continued suitability and dynamism of the system, this policy will be reviewed periodically. The realization of the principles outlined above is achievable only through the active participation and collaboration of all personnel. All employees are required to understand, implement, and promote the provisions of this policy at all organizational levels. The Company's management is fully committed to achieving these objectives, providing the necessary support for this policy, ensuring the continual improvement of the effectiveness of the Quality Management System, and supplying the resources required for its successful implementation.
Life & Health First
We value human life and health above all and manage risks accordingly.
Compliance & Higher Standards
We enforce compliance with laws and set higher standards for ourselves, suppliers, and contractors.
Continuous Improvement
We aim for continuous improvement of processes and strive to develop a proactive HSE culture and environment.
Transparent Reporting
We facilitate transparent assessment and reporting of accidents, illnesses, and environmental incidents.
Stakeholder Participation
We involve stakeholders in our decisions and encourage employee participation.
HSE Awareness & Training
We strive to enhance employee awareness of HSE threats and opportunities through education and training.
HSE Performance & Accountability
We emphasize the impact of employee HSE performance on the organizational reward and ranking system.
Risk, Emergency & Crisis Management
We emphasize comprehensive risk management, rapid and effective response to emergencies, crisis resilience, and passive defense principles in all activities, business areas, and locations.
Environmental Protection
We exert greater efforts to protect the environment, preserve biodiversity and ecosystems, with a focus on preventing environmental pollution in our projects.
MANAGEMENT COMMITMENT
I firmly believe in the principles outlined in this policy and expect all colleagues at every level to diligently adhere to these principles in order to facilitate their realization. Furthermore, HSEQ Management, with full authority, is responsible for planning, developing, and improving the HSE management of Javid Energy Parto Company. HSEQ Management is responsible for overseeing and controlling all processes and continuously reporting the results and progress to the Managing Director.
Mohammad Rezaei
Managing Director