Responsible and ethical business conduct
(Material Aspect 1)
Conducting business ethically and responsibly is fundamental to UCB’s core values. We have a strong culture of integrity, with policies and procedures in place to ensure the highest ethical standards are applied throughout the company’s value-chain.
UCB: a culture of integrity
UCB continues to be strongly committed to a culture of integrity, transparency and ethical leadership. UCB’s value statement articulates the core principles and values governing how the organization operates and how decisions are made. It serves as a tool to help employees understand what influences the decision-making process based on integrity, transparency and ethics.
The company’s success depends on the integrity of its employees.
Code of Conduct
UCB’s Code of Conduct, available in 14 languages, outlines the expectations of the behaviors of UCB colleagues and establishes the boundaries. The Code of Conduct calls for Performance with Integrity outlining UCB’s binding principles of business conduct and ethical behavior that is expected from colleagues and third parties acting on behalf of UCB. It includes various topics, such as, conflict of interest, confidentiality, compliance, anti-bribery and anti-corruption, respectfulness, human rights and child labor policies, among others.
The Code of Conduct is a mandatory training that is completed on a biennial basis. 91% of our UCB colleagues completed this training in 2017, not including the new employees, who have two months to complete this training.
The Patient Safety Reporting Module (Safety Reporting Obligations) is to be taken once every two years; this year a total 96% completed the training. The Anti-Bribery and Anti-Corruption training module needs to be completed by a select number of people, of which, 91% had completed the training.