AMALGAMATED PUMPING SUPPLIES

Legal Information

Legal Information

 
 

The definition and implementation of a risk control policy is above all based on the respect of a number of essential values and the application of good prevention practices.

Amalgamated Pumping Supplies has in place a comprehensive monitoring, management and reporting framework that allows business risks to be identified, managed and overseen in a timely and efficient manner.

Amalgamated Pumping Supplies actively mitigates risks and optimizes our resources to protect the Company and all other stakeholders with the risk profile adopted.

Amalgamated Pumping Supplies has implemented a Risk Management system that provides a comprehensive risk profile of the Company and allows for formalized ongoing risk monitoring and reporting.

The internal audit plan is designed to be risk focused and is aligned with the Risk Management system risk profile. It takes into consideration the Company’s strategic initiatives, and provides assurance on risks and their control status.

 
1) Introduction
 
The Directors recognize that risk management and internal control are key elements of good corporate governance. Amalgamated Pumping Supplies has a Risk Management and Internal Control Policy that describes the manner which identifies, assesses, monitors and manages risk.
 
2) Statement Policy
 
Amalgamated Pumping Supplies is expected to:
 
  • establish clear objectives, identify and evaluate the significant risks to the achievement of those objectives, set boundaries for risk taking and apply fit-for-purpose risk responses including risk mitigation where appropriate;
  • incorporate risk responses into a system of internal control which is designed to address opportunities, protect people, the environment and company assets, facilitate effective and efficient operations and help to ensure reliable reporting and compliance with applicable laws and regulations;
  • monitor the effectiveness of the system of risk and internal control management;
    and follow relevant guidelines and standards.
 
3) Implementation of policy
 
The Risk Management and Internal Control Policy is implemented by:
 
  • establishing and implementing a formal risk management and internal control process;
  • identifying from this risk management and internal control process specific project, and corporate risks;
  • regularly monitoring and assessing the performance and effectiveness of
    the risk management and internal control process.
 
4) Risk Profile
 
The operation of our risk management process results in the identification of a number of industry risks which may impact on our business.
 
These risks include but are not limited to:
 
  • production availability;
  • technical and project management competencies;
  • health, safety, environment and security risk;
  • and exposure to debt.
 

These risks may change over time as the external environment changes and asAmalgamated Pumping Supplies expands its operations.

The risk management process requires regular reviews of our existing risks and the identification of any new and emerging risks facing our company, including financial and non-financial matters. It also requires the management (including mitigation where appropriate) of these risks.

 
 
Amalgamated Pumping Supplies is committed to being an environmentally responsible company and believes that integrated actions taken within its operations to conserve natural resources and protect the environment make sound business sense.
 
Amalgamated Pumping Supplies will ensure that any potentially harmful impacts its processes and products may have on the environment are minimized by:
 
  • considering the environment in all business decisions
  • promoting environmental actions and awareness both internally and externally, including proactive communication with stakeholders.
  • continuously improving its performance, measured by regular environmental audits
  • setting internal standards which recognize legislated standards and practices as minimum requirements.
  • providing the necessary financial and human resources to comply with the requirements of this policy.
 
Frequently Asked Questions
 
  • Where can I find information on pollution in South Africa?

    We suggest you contact your local municipality for general information on pollution.

  • How can a company really make a serious contribution to improving the environment?

    By ensuring it manages its value chain in a way that minimizes the impact on the environment.

  • What is Amalgamated Pumping Supplies contribution to the environment?

    We believe in and practice the 3 R’s of environment management- reduce, re-use, recycle, as well as implementing good manufacturing practices in our operations. We also educate and encourage others to approach environmental conservation with the same urgency and passion that we do.

  • Who can I talk to at Amalgamated Pumping Supplies about environmental issues?

    If you wish to discuss the environmental impact of internal production processes used by the company, please see the enquiries link on our home page.

 
At Amalgamated Pumping Supplies our employees are expected to conduct their business in an environmentally responsible manner, which includes but is not limited to:
 
  • Identifying and eliminating harmful substances and business practices.
  • Adopting production processes, which are safe, conserve resources and minimize waste.
  • Recycling and using recycled materials wherever possible.
  • Promoting environmental training and awareness within our organization.
  • Maintain open dialogue with stakeholders on environmental issues.
  • Encourage suppliers and contractors to provide environmentally sound goods and services.
  • Establish clear environmental reporting structures in all our operations.
  • Regularly assess our environmental performance and code.
 
Amalgamated Pumping Supplies has adopted a proactive approach towards Health, Safety and the Environment and works in accordance with the IS014001 standard of practice which will ensure a safe and healthy working environment.
 
Caring for the environment
 

Environmental considerations will form an integral part of our daily business and we will be responsible and accountable at all levels of management, seeking continuous improvement through self-assessment and auditing.

We accept responsibility for all our products and services, raw material usage and the disposal after use of waste products used in our manufacturing processes. We will make sustainable use of renewable resources and, wherever practical, use renewable or recyclable materials in production processes.

 
 

Applying health and safety is the right thing to do!

Amalgamated Pumping Supplies adheres to South Africa’s Occupational Health and Safety Act, ACT 85 OF 1993, which aims to provide for the health and safety of persons at work and for the health and safety of persons in connection with the activities of persons at work, and to establish an advisory council for occupational health and safety.

Amalgamated Pumping Supplies has implemented a management system in the workplace to sustain employee wellbeing, minimize risks to the bare minimum and to effectively protect and control the utilization of our resources.
Safety, health and environmental governance are acknowledged as being fundamental to business strategies to enhance profitability. Furthermore the manifestation thereof is essential in supporting the value of “being a model corporate citizen” and “valuing its people and their diversity”.

Safety and Health Management thus form part of management’s and employees’ day to day activities.

 
Improved Productivity:
 

Successful businesses realize that preventing occupational injuries and illnesses is important to an organization’s overall performance.

For this reason the Directors at Amalgamated Pumping Supplies agree that the company must excel in all areas to be internationally competitive. Preventing workplace incidents is cost-effective for both the company as well as its workers.

Companies with higher standards in Occupational Health and Safety are more likely to have higher standards in other areas as well. At Amalgamated Pumping Supplies we realize that Health and safety and productivity are not mutually exclusive nor are they inseparable.

 
Shared responsibility and leadership:
 

At Amalgamated Pumping Supplies we recognize the importance of all employees participating and individuals sharing responsibility for occupational health and safety. We also recognize that the success of a company’s health and safety program depends most on the leadership provided by top management.

The Directors at Amalgamated Pumping Supplies are committed to the following:

 
  • Preventing incidents.
  • Training all levels of staff to manage and cope with the risks of the workplace.
  • Providing whatever it takes to carry out the program.
  • Getting results and maintaining them.
  • Identifying objectives and follow them through.
  • Demonstrate and prove that you are serious.
  • Communication of health and safety commitment to all levels in the organization.
  • Targets for the reduction of incidents.
  • Planning of activities, programs, policies, budgets, meetings to implement and maintain the incident prevention program.
  • Evaluate results and ensure a continuous improvement cycle in the plan.
 
Matching words with action:
 
Amalgamated Pumping Supplies Directors show leadership in the area of occupational health and safety through participation, disciplinary measures for non- compliance, leading by example and by showing that commitment is more than just talk.
 
 

The Directors and all employees of Amalgamated Pumping Supplies are guided by our Quality Policy in all decisions and actions on a daily basis.

Our goal is to provide the following:

 
  • A product, service, or solution which meets or exceeds our customer’s expectations.
  • Conscientious, responsive, and professional sales and marketing efforts.
  • A highly trustworthy and ethical work environment that provides long-term
  • Employment, development, and growth for all employees. As well as ensuring that all employees are suitably trained and resourced.
  • Continuous improvement in all that we do.
 
The management of Amalgamated Pumping Supplies realizes that success in the future depends upon achieving these goals by:
 
  • Promoting a work ethic which is predicated upon safety and quality first.
  • Promoting “Engineering Excellence” via the usage of the best engineering and design practices and processes.
  • Providing all employees with the training and tools necessary to perform their job in the most efficient manner possible.
  • Providing the necessary resources and personal support required for successful implementation of our Quality Management System and Quality Objectives.
  • The Quality Management System and Quality Objectives will also be reviewed to assess their effectiveness and assess opportunities for improvement.
 
Amalgamated Pumping Supplies will not compromise the integrity of our products and services in an attempt to satisfy short-term goals. We are committed to long-term growth, profitability and employment of our personnel and will achieve this utilizing a business approach that takes into account the needs of all our stakeholders (e.g., employees, partners, suppliers, customers, and the environment) and which encompasses an attitude of “Quality First.”
 
GENERAL BUSINESS PRINCIPLES
 

At Amalgamated Pumping Supplies, we strive to be a winning company and having defined our goals and objectives, we will pursue their attainment with a single-minded focus.

We will always operate within the laws of the land, in accordance with good business ethics and in a safe and environmentally responsible way.
We will have win-win relationships with all our stakeholders. The goal of adding value in a balanced manner will be the driving force in the pursuit of all business opportunities.

 
  • We will create economic value and deliver returns to our shareholders at least commensurate with investments of similar risk;
  • In order to deliver the required returns, we will meet the agreed needs of our customers. We will maximise value to the company while giving value to all our customers;
  • We will create growth opportunities and options by having win-win relationships with all our business partners – suppliers, dealers, agents, joint business venture associates and the governments of the countries in which we operate;
  • We will obtain a sustainable competitive advantage by having committed and competent employees. We value and will build on the diversity and capabilities of all employees; and
  • We will demonstrate our commitment to being a responsible and caring corporate citizen by forming socio-economic partnerships with communities impacted by our operations.
 
Our measures of success are the extent to which we meet these commitments, the long-term value we create for our shareholders, the pride of our employees in their accomplishments, the satisfaction of our customers and all those with whom we do business, and the extent to which communities, both local and international, judge our activities as beneficial.
 
BUSINESS INTEGRITY
 

We will pursue our business with honesty, integrity, and fairness. Corporate funds and assets will only be used for lawful or proper purposes and all business transactions will be reflected accurately and fairly. We recognize that transparency and open communication are essential.

To this end, we will provide all relevant information as may be required by our stakeholders about our activities, subject only to overriding considerations of business confidentiality.

 
VALUES
 

In everything we do, we will be guided by our Shared Values. We will keep a balance between Business Values and People Values.

Business Values
Our Five Quality Principles are:

 
1. The DEFINITION of Quality is Conformance to Requirements
2. The SYSTEM to cause Quality is Prevention.
3. The PERFORMANCE STANDARD of Quality is Right Things Right Every Time
4. The MEASUREMENT of Quality is the Price of Non-conformance.
5. The RESPONSIBILITY for Quality is Proactive Leadership at All Levels.
 
People Values
We will:
 
1. Treat others with uncompromising truth.
2. Lavish trust on our associates.
3. Mentor unselfishly.
4. Be receptive to new ideas, regardless of their origin.
5. Take personal risks for the organisation’s sake.
6. Give credit where it is due.
7. Put the interests of others before our own.
8. Not touch dishonest money.
 
COMMITMENT TO COMMUNITY
As part of our commitment to being a good corporate citizen, it is our policy to conduct business in a manner that is compatible with the economic, social, and environmental needs of the communities in which we operate. To this end, we will:
 
  • Endeavour to ensure that our presence enhances people’s lives in meaningful ways;
  • Take our environmental responsibilities seriously and abide by applicable environmental laws;
  • Communicate openly and honestly and encourage meaningful dialogue with concerned stakeholders in the community.
 
HEALTH SAFETY AND ENVIRONMENTAL PROTECTION
In conducting our activities, we will take every reasonable and practicable step to prevent and eliminate the risk of injuries, health hazards, and damage to property, and will take proactive measures toward the conservation and preservation of the environment in a reasonable and cost-effective manner.
 
To achieve these objectives, we will:
 
  • Ensure that our facilities, products and services are in accordance with applicable legal requirements and industry standards;
  • Provide the necessary resources, organisation and training, and communicate with employees, contractors, customers, suppliers and the public regarding appropriate matters on health, safety and the environment;
  • Ensure that contingency plans are in place and maintained to deal with emergencies and periodically review health, safety and environmental management systems and practices to ensure their continual improvement; and
  • Work with key stakeholders on sustainable development issues to find ways of meeting the needs of the present without compromising the requirements of future generations.
 
QUALITY
We confirm our commitment to achieving and maintaining quality and reliability for all Amalgamated Pumping Supplies products and services, through the effective implementation, maintenance and continuous improvement of Business processes, including, where applicable, Quality Management systems conforming to International Standards Organisation (ISO) 9001 and other International Standards. This will ensure that we continue to strive for Operational Excellence and consistently meet the requirements of our customers in a competitive and cost effective way.
 
EMPLOYMENT PRACTICES
Our employment policies and practices are designed to embrace employee rights that compare favourably to the best in South Africa. These include freedom of association, the right to organise and bargain collectively, a prohibition on forced labour, illicit child labour and any form of discrimination in employment. We recognise and support employment equity and have policies in place to achieve this. We consider our employees to be intellectual assets and we have various programmes to nurture, retain and grow our employees.
 
CONFLICTS OF INTEREST

Our policy requires that directors, officers and employees avoid any conflict between their own interests and the interests of Amalgamated Pumping Supplies in dealing with suppliers, customers and other third parties.

All Amalgamated Pumping Supplies employees are required to adhere to the Amalgamated Pumping Supplies group statement of policies relating to conflict of interest and these policies are rigorously applied.

 
COMPLIANCE WITH LOCAL LAW
All employees, contractors and agents of the company comply with applicable laws wherever we operate.
 

HUMAN RIGHTS

We believe businesses have a key role to play in the promotion and protection of internationally recognised human rights standards within their respective spheres of influence.

To this end, we will:

 
  • Not allow our operations to contribute to, and our infrastructure to be used for, violations of such human rights;
  • Encourage all entities with whom we do business to observe laws governing such human rights;
  • Ensure adequate human rights training for our personnel; and
  • Refrain from knowingly employing anyone who has participated in violations of any human rights.

AMALGAMATED PUMPING SUPPLIES

Close Menu
Call Our Office