Its ethics and compliance framework establishes clear standards of conduct, promotes lawful and responsible decisionmaking, and provides mechanisms to raise concerns and address potential misconduct.
In 2025, the company consolidated and updated its core ethics and compliance policies, strengthening governance, clarity, and global applicability.
This framework is based on six key global policies that apply to employees, officers, and directors, and, where relevant, to third parties acting on the company’s behalf:
◆ Code of Conduct and Business Ethics
◆ Payments to Government Officials and Third Parties Policy
◆ Economic Sanctions Compliance Policy
◆ Employee Privacy Notice
◆ Website Notice Policy
◆ Written Information Security Policy
Key policies are centrally available on the company’s intranet – the “Powder Keg” to support accessibility and awareness and are available in multiple languages.
The Code of Conduct and Business Ethics defines the standards that govern how the company conducts business globally, including integrity and conflicts of interest, anti‑corruption and fair competition, respect for human rights, a workplace free from discrimination, harassment, or retaliation, equal opportunity, health and safety, data privacy and confidentiality and protection of company assets, among other topics.
The Legal & Compliance and Human Resources functions play a central role in implementing, monitoring, and enforcing compliance with the Code of Conduct and related policies.
Employees are expected to familiarize themselves with the legal and ethical standards applicable to their roles and to seek guidance whenever uncertainty arises. This governance structure ensures that ethical considerations are integrated into daily operations and strategic decision-making.