INTRODUCTION OF SHELL PAKISTANSHELL is currently engaged inStorageDistributionMarketing of petroleum products, Petrochemicals, LPG & CNG.HistoryThe Shell brand name enjoys a 100-year history in this part of the world, dating back to 1899 when Asiatic Petroleum, the far eastern marketing arm of two companies: Shell Transport Company and Royal Dutch Petroleum Company, began importing kerosene oil from Azerbaijan into the subcontinent. Even today, the legacy of the past is visible in a storage tank carrying the date - 1898.The documented history of Royal Dutch Shell plc in Indo-Pakistan subcontinent dates back to 1903 when partnership was struck between The Shell Transport & Trading ...view middle of the document...
2. ResponsibilitiesShell Pakistan Limited recognizes five areas of responsibility.To ShareholdersTo protect shareholder's investment, and provide an acceptable return.To CustomersTo win and maintain customers by developing and providing products and services which offer value in terms of price, quality, safety and environmental impact, which are supported by the requisite technological ,environmental and commercial expertise.To employeesTo respect the human rights of its employees, to provide its employees with good and safe conditions of work, and good and competitive terms and conditions of service, to promote the development and best use of human talent and equal opportunity employment, and to encourage the involvement of employees in the planning and the direction of its work, and in the application of these principles within the company. It is recognized that commercial success depends on the full commitment of all employees.To those with whom it does businessTo seek mutually beneficial relationships with contractors, suppliers and in joint ventures and to promote the application of these principles in so doing. The ability to promote these principles effectively will be an important factor in the decision to enter into or remain in such relationships.To societyTo conduct business as a responsible corporate member of society , to observe the laws of Pakistan, to express support for fundamental human rights in line with the legitimate role of business and to give proper regard to health , safety and the environment consistent with its commitment to contribute to sustainable development. These five areas of responsibility are seen an inseparable. Therefore, it is the duty of management continuously to assess the priorities and discharge its responsibilities as best it can on the basis of that assessment.Economic PrinciplesProfitability is essential to discharging these responsibilities and staying in business. It is a measure both of efficiency and the value that customers place on Shell products and service. It is essential to the allocation of the necessary corporate resources and to support the continuing investment required to develop and produce future energy supplies to meet consumer needs. Without profits and a strong financial foundation it would not be possible to fulfil the responsibilities outlined above.In general Shell Pakistan Limited believes that the interests of the community can be served most efficiently by the market economy. Criteria for investment decisions are not exclusively economic in nature but also take into account social and environmental considerations and an appraisal of the security of the investment.3. Business IntegrityShell Pakistan Limited insists on honesty, integrity and fairness in all aspects of its business and expects the same in its relationships with all those with whom it does business. The direct or indirect offer, payment, soliciting and acceptance of bribes in any form are unacceptable...
