Bahri Annual Report-2012

Chapter two Strategic Business Units and Support Departments

Quality Policy

It is the responsibility of the business community to encourage the growth and development of society through cooperation and collaboration in dealing with social issues and Bahri is committed to its social responsibility. Since its inception the Company’s contributions went beyond the economic aspect to take a holistic attitude towards the community, shareholders and investors. The Company believes that social responsibility extends beyond that to include surrounding charity institutions, establishments and society as a whole. The Company seeks to be effective in all its locations. During Social Responsibility The Company follows strict controls with regard to the environment and public safety in line with the standards dictated by the relevant global environmental agencies and organizations in order to maintain the safety of the marine environment and the climate. The marine transport industry covers vast areas of the world and as such it carries the increased possibility of impacting the marine environment and climate change. The Company continuously takes precautions to maintain the health and safety of its staff including those The work of the Finance Division is to supervise the implementation of the Company’s financial policy and to participate in implementing investment programs. Its work also includes financial control and monitoring and preparing all kinds of financial reports, whether internal or external, which contribute and help the executive management to take appropriate decisions at the right time. This department is responsible for preparing the annual budget pursuant to the directions of senior management and the objectives of all the business units and departments, and to update the same on a quarterly basis. This department also prepares the periodic Finance Division In accordance with the applicable ISO 9001:2008 standards, the Company seeks to achieve the highest degree of customer satisfaction and build long-term business relationships with its customers through: • Providing integrated services to customers and meeting their needs and expectations. • Complying with government regulations and legal requirements related to the business activities and services provided by the Company. • Using effective mechanisms to measure performance and Environment and Safety

2012, the Company participated in the following social responsibilities: • Care program (language and communication unit) of the Disabled Children’s Association. • Supporting the work of the Charitable Society for the Care of Orphans (Insan). • Participating in the National Festival for Heritage and Culture (Jandariyah 27). • Participating in the 82 nd National Day of the Kingdom of Saudi Arabia. working on board its fleet. The Company takes into consideration all the necessary requirements to maintain the environment when considering the technical specifications of its fleet. It seeks to minimize any negative impact on the environment as a result of pollution from the vessels’ engines and equipment. The Company conducts periodic tests of its vessels and equipment through specialized international consulting firms to ensure compliance with globally recognized technical and safety standards and measures. (quarterly / annually) financial statements and disclosure of the Company’s business. It also ensures that the Company meets all the requirements of the Capital Market Authority. In addition, the department is also responsible for controlling the accounts; making sure expenses and revenues are recorded in an appropriate and accurate manner in accordance with the accepted accounting standards; preparing the zakat and tax returns as required by the Department of Zakat and Income Tax, and responding to any queries raised by the external auditing firms, the General Auditing Bureau and the Internal Audit Department. push the Company towards excellence and leadership in logistics. • Working on satisfying the Company’s internal customers and on the dissemination of a culture of quality as a basic function of leadership at all levels. • Providing adequate support to attract qualified and professional resources, in addition to training and developing the existing staff. • Continuing to improve the quality, environment, safety and performance development.


Powered by