A culture of integrity
We are committed to operating to the highest standards of corporate conduct and transparency.
How are we working to build trust through our behaviour?
Acting responsibly and with integrity wherever we operate underpins our whole approach and forms the foundation of our culture and values as a company. We regard robust corporate governance a key element underpinning the sustainable, long-term growth of our business.
We’ve been focusing on corporate behaviour issues for a long time and this is reflected through the many good practices embedded across our business. For example, our approach to supply chain management and codes of business conduct were recognised as industry-leading in the 2020 Dow Jones Sustainability Indices. BAT has been included in the DJSI for 19 consecutive years and in 2020 was again included in the prestigious World Index.
Our Standards of Business Conduct (SoBC) is our core policy document covering areas s uch as speaking up (whistleblowing), anti-bribery and corruption, anti-money laundering and tax evasion, anti-illicit trade, lobbying and engagement, respect in the workplace, human rights, and political and charitable contributions among others. This is complemented by our Supplier Code of Conduct, which clearly defines the minimum standards we expect of all our suppliers, our Principles for Engagement and International Marketing Principles as well as supporting procedures, including our Third-Party Anti-Bribery and Corruption (ABAC) Procedure.
We’re always working to remain at the forefront of best practice and build upon our approach to meet new challenges and opportunities. For example, we’ve made good progress recently in strengthening our management of human rights, such as through the updates to our Supplier Code of Conduct, in 2018 to include additional human rights provision.
Conducting our affairs with honesty, integrity and transparency is key if we are to continue to develop as a responsible, successful and sustainable business. Our corporate behaviour approach is built on: