Our Company's long-standing commitment to doing business with integrity means avoiding corruption in any form, including bribery, and complying with the anti-corruption laws of every country in which we operate.
The Companys Code of Business Conduct and Anti-Bribery Policy provide guidance on how to conduct business in a fair, ethical and legal manner.
Our anti-corruption compliance program encompasses numerous reporting, monitoring and certification controls, as well as a critical education component comprising both web-based and in-person training.
We conduct periodic anti-bribery audits of our business to raise overall awareness, detect potential misconduct and monitor compliance with anti-corruption laws and Company policy.
We have assessed all our business units for risks related to corruption and concentrate our auditing on the highest-risk locations. The Transparency International Corruption Perceptions Index is one of several factors we consider in targeting our auditing efforts. From January 2007 through June 2008, we conducted anti-bribery audits in locations spanning our Company operations across nearly 100 countries.
As a signatory to the United Nations Global Compact, we are actively engaged with other companies and nongovernmental organizations in the fight against corruption. In December 2007, we became a signatory to the World Economic Forum Partnering Against Corruption Initiative (PACI), making The
The PACI's mission is to develop multi-industry principles and practices that will result in a competitive, level playing field, based on integrity, fairness and ethical conduct. The PACI requires CEO commitment to zero tolerance for bribery and a commitment to implement a practical and effective anti-corruption program within their company.
Visit our Investors section to learn about corporate governance.