Code of Ethics

We uphold integrity in all our endeavors

General Standards of Ethical Behavior

We do what's right for our employees, clients, and partners by keeping our promises and honoring our agreements.
  • Best Interests of the Company: Employees should prioritize the company's best interests and avoid conflicts of interest between personal and professional matters. They must avoid any activity that compromises professional ethics or hinders job responsibilities.
  • Financial Communication: Financial information should be communicated and reported clearly and accurately, allowing stakeholders to understand its significance and implications.
  • Open Communication and Disclosure: The company fosters open communication and full disclosure of financial information. A transparent process is in place to keep management informed of crucial financial information, including any deviations from established policies, practices, and accounting norms.
  • Confidentiality: Confidential information obtained during work should not be disclosed unless authorized or legally required. Employees should be informed about confidentiality and monitored as needed to ensure compliance.
  • Ethical Use of Information: Confidential information will not be used for unethical or illegal personal gain, either directly or indirectly through others.

Compliance

Company directors, officers, and employees must follow all applicable munipal, provincial and federal laws, rules, and regulations. In a conflict between a law, rule, or regulation and a policy in this Code, the law takes precedence. However, the Code takes precedence in a conflict between local customers or policy and this Code.

Our Standards for Fiscal Documentation and Reporting

  • Accounting and Record Keeping: Implement systems to accurately record business transactions following Generally Accepted Accounting Principles (GAAP), company policy, and relevant regulations. Maintain and protect accounting records and information as applicable laws and regulations require.
  • Financial Controls: Establish and manage financial accounting controls to ensure accurate financial reporting and timely information for sound business operations.
  • Auditor Support: Fully disclose all necessary information to internal and external auditors to enable them to perform their duties effectively.
  • Legal and Regulatory Compliance: Adhere to all applicable local, state, and federal laws, rules, and regulations. If laws and company policies conflict, follow the relevant law or regulation. If local customer policies conflict with the Code, follow the Code.

Policy Principles

Soroc is committed to diversity and inclusion. Our efforts are focused on three main areas: attracting, retaining, and developing a diverse employee population; fostering and procuring a work environment where employees are treated with respect, and their differences are valued; and seeking, creating, and maintaining mutually beneficial business relationships with diverse service providers.