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Report & accounts 2002 in full - Unilever

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8 Our code of bus<strong>in</strong>ess pr<strong>in</strong>ciples<br />

Community <strong>in</strong>volvement<br />

<strong>Unilever</strong> strives to be a trusted corporate citizen and, as an<br />

<strong>in</strong>tegral part of society, to fulfil our responsibilities to the<br />

societies and communities <strong>in</strong> which we operate.<br />

Public activities<br />

<strong>Unilever</strong> companies are encouraged to promote and defend<br />

their legitimate bus<strong>in</strong>ess <strong>in</strong>terests. <strong>Unilever</strong> will co-operate<br />

with governments and other organisations, both directly and<br />

through bodies such as trade associations, <strong>in</strong> the development<br />

of proposed legislation and other regulations which may<br />

affect legitimate bus<strong>in</strong>ess <strong>in</strong>terests. <strong>Unilever</strong> neither supports<br />

political parties nor contributes to the funds of groups<br />

whose activities are calculated to promote party <strong>in</strong>terests.<br />

The environment<br />

<strong>Unilever</strong> is committed to mak<strong>in</strong>g cont<strong>in</strong>uous improvements<br />

<strong>in</strong> the management of our environmental impact and to the<br />

longer-term goal of develop<strong>in</strong>g a susta<strong>in</strong>able bus<strong>in</strong>ess.<br />

<strong>Unilever</strong> will work <strong>in</strong> partnership with others to promote<br />

environmental care, <strong>in</strong>crease understand<strong>in</strong>g of<br />

environmental issues and dissem<strong>in</strong>ate good practice.<br />

Innovation<br />

In our scientific <strong>in</strong>novation to meet consumer needs we<br />

will respect the concerns of our consumers and of society.<br />

We will work on the basis of sound science, apply<strong>in</strong>g<br />

rigorous standards of product safety.<br />

Competition<br />

<strong>Unilever</strong> believes <strong>in</strong> vigorous yet fair competition and<br />

supports the development of appropriate competition laws.<br />

<strong>Unilever</strong> companies and employees will conduct their<br />

operations <strong>in</strong> accordance with the pr<strong>in</strong>ciples of fair<br />

competition and all applicable regulations.<br />

Bus<strong>in</strong>ess <strong>in</strong>tegrity<br />

<strong>Unilever</strong> does not give or receive, whether directly or<br />

<strong>in</strong>directly, bribes or other improper advantages for bus<strong>in</strong>ess<br />

or f<strong>in</strong>ancial ga<strong>in</strong>. No employee may offer, give or receive any<br />

gift or payment which is, or may be construed as be<strong>in</strong>g, a<br />

bribe. Any demand for, or offer of, a bribe must be rejected<br />

immediately and reported to management.<br />

<strong>Unilever</strong> account<strong>in</strong>g records and support<strong>in</strong>g documents must<br />

accurately describe and reflect the nature of the underly<strong>in</strong>g<br />

transactions. No undisclosed or unrecorded account, fund<br />

or asset will be established or ma<strong>in</strong>ta<strong>in</strong>ed.<br />

<strong>Unilever</strong> Annual <strong>Report</strong> & Accounts and Form 20-F <strong>2002</strong><br />

Conflicts of <strong>in</strong>terests<br />

All <strong>Unilever</strong> employees are expected to avoid personal<br />

activities and f<strong>in</strong>ancial <strong>in</strong>terests which could conflict with<br />

their responsibilities to the company. <strong>Unilever</strong> employees<br />

must not seek ga<strong>in</strong> for themselves or others through<br />

misuse of their positions.<br />

Compliance – monitor<strong>in</strong>g – report<strong>in</strong>g<br />

Compliance with these pr<strong>in</strong>ciples is an essential element<br />

<strong>in</strong> our bus<strong>in</strong>ess success. The <strong>Unilever</strong> Board is responsible<br />

for ensur<strong>in</strong>g these pr<strong>in</strong>ciples are communicated to, and<br />

understood and observed by, all employees.<br />

Day-to-day responsibility is delegated to the senior<br />

management of the regions and operat<strong>in</strong>g companies.<br />

They are responsible for implement<strong>in</strong>g these pr<strong>in</strong>ciples,<br />

if necessary through more detailed guidance tailored to<br />

local needs.<br />

Assurance of compliance is given and monitored each year.<br />

Compliance with the Code is subject to review by the Board<br />

supported by the Audit Committee of the Board and the<br />

Corporate Risk Committee.<br />

Any breaches of the Code must be reported <strong>in</strong> accordance<br />

with the procedures specified by the Jo<strong>in</strong>t Secretaries.<br />

The Board of <strong>Unilever</strong> will not criticise management for any<br />

loss of bus<strong>in</strong>ess result<strong>in</strong>g from adherence to these pr<strong>in</strong>ciples<br />

and other mandatory policies and <strong>in</strong>structions.<br />

The Board of <strong>Unilever</strong> expects employees to br<strong>in</strong>g to their<br />

attention, or to that of senior management, any breach or<br />

suspected breach of these pr<strong>in</strong>ciples.<br />

Provision has been made for employees to be able to report<br />

<strong>in</strong> confidence and no employee will suffer as a consequence<br />

of do<strong>in</strong>g so.

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