Human rights, anti-bribery and anti-corruption
UCB takes the protection of human rights seriously and is supportive of government initiatives aimed at upholding and promoting human rights around the world.
UCB incorporated the United Nations Global Compact (UNGC) ten principles on human rights, labor and environment into the Code of Conduct. In addition, UCB subscribes to the International Labor Organization’s Declaration on Fundamental Principles and Rights at Work. The Code of Conduct encompasses those different guidelines (see Code of Conduct).
An ethical workplace
Wherever UCB has the ability to make an impact, we take steps to promote and encourage high ethical standards of working and fair treatment of human beings. For instance, UCB has a process for the selection and engagement of suppliers, contractors and agents which aims to ensure adherence to human rights, anti-corruption, anti-bribery and no child labor policies. No significant risks in these areas have been identified in the past year.
Slavery and human trafficking
In addition, in accordance with the U.K.’s Modern Slavery Act 2015, UCB will incorporate a slavery and human trafficking statement on all relevant UCB websites prior to June 2017 and annually thereafter, to ensure that slavery and human trafficking is not occurring in our business and in the business of relevant partners.
UCB’s Global Internal Audit department periodically audits UCB’s operations for potential risks related to the areas described above in accordance with an established rotational schedule. In 2016, certain activities and operations were assessed for compliance-related risks and no incidents of corruption or bribery were identified.
Furthermore, UCB complies with public disclosure obligations of financial transactions with healthcare organizations, healthcare professionals and patient organizations. Specific obligations are in place in Europe, U.S., Japan, New Zealand and Australia and UCB wants to comply with transparency regulations and codes where available.