Governance

Our Corporate Standard of Business Conduct

At Goodhope, we strive to be an efficient and sustainable palm oil producer while also creating a work culture of care, trust, honesty and integrity. These values are intrinsic to the way we conduct business and are at the very core of our personal and professional work.

Our corporate standard of business conduct underpins our commitment to the highest standards of corporate behavior. It sets clear expectations and principles to guide and inspire personal as well as professional excellence among all employees at Goodhope.

All employees and other stakeholders use the corporate standard of business conduct as a guide to observe and comply with applicable laws and regulations as well as act with highest standards of integrity in all business matters.

Our Corporate Standard of Business Conduct covers the following areas:

  • Employment
  • Ethical behavior
  • Gifts and entertainment
  • Conflict of interest
  • Whistleblowing
  • Protection of the group’s assets
  • Accurate record-keeping
  • Confidentiality and information security
  • Insider dealing
  • Environment
  • Health and safety
  • Political activity
  • Anti-money laundering and anti-terrorism funding
  • Anti-corruption and anti-bribery

Whistleblowing Channel and Procedures

Any employee or any other related third party who reasonably observes any misconduct/inappropriate business can report the issue to whistleblowing@goodhope.co. The whistleblower may use the whistleblowing format below to capture all relevant information that may be needed for a thorough investigation.

Click here to download the whistleblowing form.

Once the allegation of malpractice or misconduct is made, it will be registered in a confidential whistleblowing register.

Protection for the whistleblower

The company will treat all disclosures with the utmost confidence and sensitivity. Every effort will be made by the company to protect the anonymity of the whistleblower.

  • The company encourages a whistleblower to identify themselves to allow the investigating team to contact them for any further information, details, or clarifications. All information, reports, and disclosures provided by a whistleblower will be kept confidential.
  • A whistleblower can request anonymity or confidentiality, and the company will take all measures to protect the identity of the whistleblower during and after the investigation unless otherwise required by law.

The Company provides assurance that the whistleblower shall be protected against reprisals or retaliation, and immunity from disciplinary action from the whistleblower’s immediate superior or department/division head or any other person exercising power or authority over the whistleblower in his/her employment, provided that:

  1. A report is made in good faith and the whistleblower has reasonable grounds and does not provide false or misleading information knowingly, negligently, or recklessly in the report.
  2. The disclosure is not made with malicious intent or ill will.
  3. The disclosure is not frivolous or vexatious; and
  4. The report is not made for personal gain or vendetta.
  • Once the allegation of malpractice or misconduct is made, it will be registered in a confidential whistleblowing register and investigated.
  • Depending on the nature of the issue raised by a whistleblower, a confidential and neutral investigation would be launched.
  • An investigating officer(s) will be appointed by the group CEO. The investigation may cover internal reviews or inquiries, reviews made by external auditors, lawyers, or any other external body as required.
  • Once the investigation is complete, the investigating officer will present the findings, results of the investigation, and recommended action on the alleged incident, including the corrective steps to prevent the occurrence of a similar incident.
  • Based on the investigating officer’s recommendation, the group CEO may approve of the relevant action to be taken. The whistleblower, if not anonymous, will also be updated on the actions taken. 
  • If the claim of malpractice or misconduct is substantiated, appropriate disciplinary action will be initiated against the individual(s) responsible, which may include termination of employment. The company may even initiate legal proceedings through the local court of law.
  • However, if the allegations were proven to have been done with malicious intent and not in good faith, the parties responsible may be subject to disciplinary action.
  • A whistleblowing register needs to be maintained with all concerns raised, as well as capturing all investigation procedures on record.  The proceeding of the investigations and actions thereof will be maintained by the company secretary, who will be responsible for informing the Board of Directors of the summary of findings and actions initiated on a periodical basis.
  • Employees should refer to the standard operating procedure for Whistleblowing to understand the process in detail. 

BOARD OF DIRECTORS

S. Chandra Das

Non-Executive Chairman and Independent Director
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Hariharan Selvanathan

Deputy Chairman and Chief Executive Officer
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Don Chandima Rajakaruna Gunawardena

Non-Executive Director
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Ajith Prashantha Weeratunge

Non-Executive Director
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Aneesh Dudeja

Director, President & Group Chief Financial Officer
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GROUP MANAGEMENT TEAM (as of May 2024)

Hariharan Selvanathan

Deputy Chairman and Chief Executive Officer
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Aneesh Dudeja

Director, President & Group Chief Financial Officer
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Satish Selvanathan

Director
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Sharada Selvanathan

Director
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Muthukumaran Murugiah

Director of Engineering
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Ishan Dantanarayana

Director HR – Group & Country Head, Sri Lanka
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Piyush Patnaik

President, Premium Vegetable Oils (Downstream)
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Sanjaya Upasana

Chief Operating Officer Oil Palm Plantation Segment
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Saliya Rodrigo

Head of Finance - Plantation Operations
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Amjad Ibrahim

Director/ Head of Business Services
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Rushdi Azeez

Director/Head of Group Finance
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Avneet Singh

Chief Financial Officer, Premium Vegetable Oils (Downstream)
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Carl Dagenhart

Head of Group Sustainability
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Kapila Pilimatalauwe

General Manager – Group IT/Digital Transformation
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