Corporate Compliance and Code of Ethics
solutions by stc is distinguished by its ongoing efforts to adhere to the applicable external regulatory requirements, which supports the company in achieving its goals and vision for leading the information technology sector in line with the Kingdom’s Vision 2030 for digital enablement across all sectors while recognizing that adherence to the external regulatory requirements and internal corporate governance policies is a culture and responsibility of all employees.
Compliance Management System:
The Compliance Management System is an important element in the continued success of any company. At solutions by stc , we are committed to continuously enhancing and improving our compliance system. This system will significantly contribute to enhancing the compliance culture in the company and making it a distinctive benchmark in managing the compliance management system and meeting regulatory requirements while adopting the best international practices. Moreover, it will strengthen the relationship with customers, employees’ partners, and investors.
Corporate Compliance Culture and Policy:
- solutions’ Board of Director is committed to overseeing the compliance management systems’ governance and transparency while promoting a robust compliance culture that enables the company’s employees to achieve strategic objectives. Moreover, the executive management plays a vital role in continuously supporting the compliance management system and its enhancement.
- Developing a control environment to ensure the company’s compliance with applicable external regulatory requirements and enhancing the company’s proactive ability in identifying non-compliance cases while taking the necessary preventive actions.
Our Code of Ethics Charter at solutions by stc:
At solutions by stc , we believe that sustainable success stems from our commitment to a set of firmly rooted ethical principles. Our Code of Ethics Charter serves as the cornerstone that defines our internal standards and guides all our actions, from the highest levels of leadership to every individual employee, ensuring a work environment built on integrity, responsibility, and transparency.
Since our values extend beyond the boundaries of the company, our commitment also encompasses all our partners. The Supplier Code of Conduct is a natural extension of our internal charter, ensuring that our partnerships with suppliers are built on the same principles we believe in. We believe that adhering to these principles, whether with our employees or our partners, makes the difference and leads us toward a brighter future.
Driven by our belief in the importance of transparency, we have established a clear Policy on Conflicts of Interest and Related Parties. This policy is designed to prevent any practices that could compromise the objectivity of our decisions or undermine the trust of our stakeholders. It requires all our employees to disclose any situations that may present potential conflicts of interest, and it sets guidelines for dealing with related parties to ensure integrity and fairness in all our interactions.
Whistleblowing Policy:
In line with solutions’ commitment to strengthening the principles of integrity and transparency, we provide a dedicated channel for receiving reports and complaints about any violations or unethical or non-compliant practices. This channel ensures the confidentiality of information and the protection of whistleblowers. You can contact us through: Whistleblowing Channel or via email Speak-Up@solutions.com.sa
Compliance isn’t just a legal requirement – it’s a critical component of our company culture. It is our responsibility as a company and employees to act ethically and with integrity while continuing to prioritize compliance in all areas of our business and ensuring the continuity of digital leadership in the Kingdom.