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1. Business conduct

1.1 Responsible Business Conduct

1.1 Responsible Business Conduct

UCB is committed to doing the right things, the right way; this means we integrate ethical thinking in our decision making process, while acting with integrity in all business dealings and putting effective systems and controls in place to safeguard adherence to all obligations relevant to our business. UCB operates in supervised and controlled environments, where UCB’s values, policies and procedures are applied and embedded in the culture.

The UCB Code of Conduct is our governing policy that reflects UCB’s core company values, including accountability and integrity. The Code outlines the general principles of business conduct that are expected from UCB colleagues and partners throughout the world. It is available in 14 languages and on the UCB external corporate website (www.ucb.com ). Employees and contractors are required to undertake mandatory training on the UCB Code of Conduct, which is incorporated into each employee/contractor’s training plan. Third parties are also expected to acknowledge and adhere to the principles of the Code of Conduct, which is included in their legal agreements with UCB where necessary. All contracts include a link to the UCB Code of Conduct and a clause of adherence to the principles of the UCB Code of Conduct, including those related to ABAC and human rights.

In 2020, a total of 8 034 UCB employees completed the Code of Conduct, generating an overall global completion rate of 95%. This included:

  • 4 807 UCB employees in the EU, with a completion rate of 95%

  • 1 658 employees in the U.S., with a completion rate of 99%

  • 1 559 employees in international markets, with a completion rate of 92%

Competition and Anti-Trust

UCB remains committed to full compliance with all laws and regulations related to anti-competitive behavior, anti-trust or monopoly. In 2020 UCB was not involved with any legal actions or investigations under such laws.