code of conduct nov 2019
Code of Conduct Overview
Stagecoach Group aims for improving travel with an ethical commitment to corporate responsibilities.
The Code of Conduct serves as a guideline for behavior and ethics for all Stagecoach employees and associated individuals.
Introduction from the Chief Executive
Martin Griffiths emphasizes the importance of maintaining ethical values and the corporate culture at Stagecoach.
The Code encourages reflection on individual actions in alignment with the Group’s principles.
Highlights the need for vigilance against complacency and a commitment to ethical business processes.
Key Contents of the Code
1. Introduction from the Chief Executive
Sets the stage for the importance of the Code.
2. Who is our Code of Conduct for?
Applicable to all employees, representatives, contractors, and consultants. Responsible for understanding and complying with the Code.
3. Our Mission Statement
Aims to create sustained shareholder value and enhance services for customers and communities.
4. Our Purpose and Values
Principles of honesty, accountability, respect, and a commitment to community and customer service.
Principles of Ethical Behaviour
Honesty and Integrity: Act with truthfulness.
Accountability: Take responsibility for your actions.
Respect: Treat all individuals with dignity.
Compliance with Laws and Regulations
Commitment to follow local laws and industry regulations.
Specific emphasis on competition law, anti-corruption, and ethical conduct in business dealings.
Policies and Guidance
7.1 Health and Safety
Prioritize the health and safety of employees and customers.
Encourage reporting and communication regarding health and safety concerns.
7.2 Environment
Commitment to reducing environmental impact and improving sustainability practices.
7.3 Inclusion and Equal Opportunities
Ensure fair treatment of all employees regardless of background. No discrimination based on personal characteristics.
7.4 Use of Stagecoach Property and IT
Guidelines on the appropriate use and safeguarding of company assets and information technology.
7.5 Share Dealing and Control of Inside Information
Strict prohibition against using inside information for personal gain or benefits.
7.6 Protection of Information
Maintain confidentiality and ethical management of personal and sensitive data.
7.7 Communications
Guidelines on professional and responsible communication, including social media use.
7.8 Tax
Committed to responsible tax practices and transparency.
7.9 Tax Evasion
Serious offenses related to tax evasion will be treated with high scrutiny and accountability.
7.10 Bribery
Zero tolerance for bribery and corrupt practices.
7.11 Facilitation Payments
Prohibition of facilitation payments regardless of local customs.
7.12 Gifts and Hospitality
Strict rules governing the giving and receiving of gifts and hospitality to prevent undue influence.
7.13 Conflicts of Interest
Employees must disclose any conflicts to maintain transparency.
7.14 Political Lobbying and Donations
No political contributions allowed. Participation in relevant policy discussions is permitted.
7.15 Personal Political Activity
Respect for personal political views, but must not affect work-related decisions.
7.16 Community Investment and Charitable Activities
Commitment to investing in and supporting local communities.
7.17 Competition Law
Must adhere to competition laws and maintain fair business practices.
7.18 Suppliers
Expectation for suppliers to maintain high ethical standards and comply with the Group’s values.
Reporting and Whistleblowing
Encouragement to report violations of the Code. Measures in place to protect whistleblowers from retaliation.
Conclusion
The Code enhances stakeholder relations and emphasizes the importance of ethics in Stagecoach operations.
Commitment to continual improvement, ethics training, and supporting responsible corporate behavior.