Operating with Integrity
Operating with Integrity
Our strong governance structures, business principles and practices drive our commitment to ethical behaviour, accountability and transparency. Our Code of Business Conduct (CoBC) establishes clear expectations for employee compliance with policies related to ethical business conduct. It embeds our values and our resolve to do the right things in the right way.
We are committed to safeguarding human rights and embedding responsible business conduct at each level of our organisation. Our approach extends to collaborating with our suppliers to ensure the goods and services we buy are responsibly sourced.
Our operating companies purchase more than $20 billion worth of goods and services each year from more than 100,000 suppliers across the world. Responsible sourcing across our supply chain has a critical role in ensuring business continuity, that human rights are upheld, and downstream environmental impacts are managed.
Our supply chain reach, influence, and strong supplier relationships provide an important opportunity to be a driver of change. By working and collaborating with our suppliers, governments, industry bodies, businesses, and other partners we can leverage supplier innovation and work towards best practice.
Our procurement category teams periodically review risks associated with specific categories and subcategories of commodities across various dimensions of risk. We use a range of assessment criteria, including health and safety, human and labor rights, environment, climate change and governance to help us to understand potential risks and identify critical suppliers.
Our Supplier Code of Conduct (SCoC) sets out the expectation that suppliers match our commitment to more sustainable practices. It is based on our framework for a sustainable future and is reviewed on an ongoing basis.
Our 2023 performance:
Find out more about what we are doing as a Responsible Business: