Bharat Petroleum’s Policy on Ethics

Bharat Petroleum’s Policy on Ethics

To know more about Bharat Petroleum’s Policy on Ethics, Company Policies, Legal Policies and more, please click the relevant links below –

Preservation Of Documents And Archival Policy
Policy For Determination Of Materiality Of Events Or Information
Whistle Blower Policy
Policy on Material Subsidiaries
Familiarisation programme for Independent Directors

The appointment of Independent Directors are formalized through a letter of appointment. This letter of appointment sets out the terms and conditions covering independent directors appointment which, inter alia, states role, duties and responsibilities, compliances under Company policies & disclosures etc.

The Company has adopted a policy for the training requirements of Board Members. BPCL nominates Part Time (Non-official) Directors for relevant training programmes / seminars conducted by reputed Institutions / Standing Conference of Public Enterprises (SCOPE) etc. Independent Directors are also extensively involved with process of co-creating the strategy and vision of the Company.

Besides, detailed presentation on the performance of respective Strategic Business Units (SBUs) along with risk mitigation measures are made by SBUs of the Company to Independent Directors periodically at the meetings

Details of Familiarization programmes held and other information

Code for Prevention of Insider Trading in the securities of BPCL
Related Party Transaction Policy
Code of Conduct for Board Members and Senior Management Personnel
Terms & Conditions of Appointment of Independent Directors
Criteria of making payments to non-executive Director