Sustainability

Governance

Business conduct

Responsible business conduct is essential to our business and is expected in the international markets and segments in which we operate. Compliance with relevant legislation and international guidelines on ethical business conduct is a priority, both because of the potential legal and, in turn, economic consequences of non-compliance, and also because of its impact on our ability to achieve our goals.

The fostering of a corporate culture which aims to protect employees and other stakeholders against potential human rights impacts, prevent incidents of corruption, and protect whistleblowers who report on these or any other issues is not only strictly necessary from a legal perspective and in terms of maintaining a license-to-operate, but also vital to our internal social strategy and commercial goals. As an established international actor with increasing influence and bargaining power, responsible payment practices are also a key component of the standard for business practice, to which we are expected to adhere.

Human rights commitment

Our human rights commitments apply across our operations and value chain, aligned with the International Bill of Human Rights, the OECD Guidelines, the UN Guiding Principles, the UN Declaration of Human Rights, the Convention on the Rights of the Child, the UK Modern Slavery Act, ILO Conventions, and applicable local laws.

Our commitments are outlined in our Code of Conduct and address personal conduct, workplace safety, conflicts of interest, confidential information, data privacy, discrimination and harassment, modern slavery, freedom of association and collective bargaining, and the prevention of corruption, bribery, fraud, insider trading, taxation, and environmental harm.

Read more on business conduct and human rights commitment in our Annual Report 2025.