To maintain an ethical environment that encourages and promotes professional and ethical conduct of management and staff, we have a Code of Business Conduct and Ethics.
We believe that for this policy to be effective, it should be understood. The Code is therefore written in clear and simple language.
Our Code applies, and is communicated, to all employees of ST Engineering and subsidiary companies in which we have management control. All employees are briefed on the Code at least once every two years. Contractors, consultants and agents are required to act consistently with the Code when acting on our behalf.
The Code reflects our expectations of responsible behaviour towards our material sustainability issues. It sets out the guiding principles and desired behaviour with which our people are expected to operate, and embraces the business practices and standards of behaviour that support our commitment to honest and ethical business conduct. Many standards set out in the Code have also been embedded in various policies and procedures.
Violations of the Code, as well as violation of laws or regulations, or any other wrongdoings may be reported through our whistleblowing channel. Employees can make anonymous reports using this channel. Subject to applicable laws, the identities of whistleblowers are kept in strict confidence and they are protected from any disciplinary or retaliatory action arising from having made these reports. Reports will be brought to the attention of the Whistleblowing Committee, which is chaired by our Audit Committee Chairman and supported by our Chief Finance Officer, General Counsel, Chief Human Resource Officer and Head of Internal Audit. The Whistleblowing Committee reviews the contents of the concerns raised, deliberates and determines if any action is to be taken, including making enquiries and pursing internal investigations.
To download a copy of our Code click here.