3.1 Conflicts of Interest
Guidelines A conflict of interest, or even the appearance of a conflict, can negatively affect SaskEnergy’s business and reputation. As SaskEnergy operates in the public sector, employees must act in the best interest of the Company at all times. Business decisions must be based on sound and objective judgment, without any concern or possibility that our decisions or objectivity could be influenced by personal considerations. Employees have a responsibility to guard against situations where conflicts of interest may arise. Even the appearance of a conflict of interest must be avoided. Whether or not an actual or potential conflict of interest exists depends upon the facts of each case. An employee who believes or becomes aware that a conflict of interest might exist should immediately cease the activity and contact the Executive member responsible for Human Resources and/or Legal.
Prizes Employees or their guest(s) shall not retain a prize that exceeds $500 in value at an event where SaskEnergy has funded the employee’s attendance or requested the employee attend on its behalf, or the employee has been invited to participate as a result of their employment. Where a prize with a value in excess of $500 is received, the employee shall have the option of retaining the prize, provided the employee either pays to the Company the value of the prize in excess of $500, or returns the portion of the prize that is in excess of $500, where possible. Nothing in this Code of Conduct shall prevent an employee, employee's spouse or employee's guest from retaining a prize with a value in excess of $500, if such prize is won in a skill-based competition (e.g., hole-in-one competition) or a game of chance (e.g., raffle draw).
What You ShouldKnow
What to Remember Employees have a duty to ensure that nothing interferes with their ability to make all business decisions in the best interest of the Company.
A conflict of interest is defined as a situation that exists where the personal activities, interests or dealings of an employee may impair that employee’s ability to perform their duties or where such activities, interests or dealings may negatively impact on SaskEnergy's reputation in the community or result in a personal gain or advantage by virtue of their job position.
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