Element 01×Commercial

Commercial in Commitment

Commitment and Accountability

This is where the company commits to what it stands for in the market — ethical sourcing, anti-bribery, ESG and the framework of authority that governs spend.

Policy 3

  • Contracting and Procurement PolicyIn 2 of 3 operator registersCompany-wideAlso in EI PSM · 18 Contractor and supplier, selection and managementNot process safetyNot safety case critical
  • Corporate Responsibility and Anti-Bribery PolicyIn 1 of 3 operator registersCompany-wideAlso in EI PSM · 01 Leadership, commitment and responsibilityNot process safetyNot safety case critical
  • Contractor Management PhilosophyTypical exampleCompany-wideAlso in EI PSM · 18 Contractor and supplier, selection and managementAlso in Process Safety · Operating integrityNot safety case critical

Standard 1

  • Delegation of Authority: Commercial CommitmentsTypical exampleCompany-wideAlso in EI PSM · 01 Leadership, commitment and responsibilityNot process safetyNot safety case critical
"This element defines what the company stands for in the market."
  • →The mandatory rules that operationalise the commitments — (Policies and Standards)E02 Policies
  • →The commercial competence framework — (Organisation, Resources and Capability)E03 Organisation
  • →The audit of compliance — (Assurance, Review and Improvement)E10 Assurance