Promoting a culture of responsibility throughout our business is one of our fundamental values and an important part of our strategy. We strive to behave ethically, work safely, reduce our environmental impact and contribute to our communities.
Our approach is based on our Code of Business Ethics ("the Code"), which applies to all businesses and employees worldwide. Operating within the Code enables us to meet our obligations to all our stakeholders, while also delivering real business benefits. It protects our reputation and our ability to grow and enhances our efficiency, for example, through lower energy costs. Our people are able to work productively in a safe environment and we reduce the risk of incidents and associated costs.
Sustainability also presents a business opportunity for us. We are proud of the many products and services we offer that contribute to the safety, health and security of people around the world and have a positive effect on the environment.
We manage our business with a robust set of systems and policies. Many of our businesses are certified to international standards for health and safety and environmental management systems.
Our environment, health and safety policy and our energy and greenhouse gas policy set out our commitments and principles in these areas. These systems and policies help us to continue to improve our performance well into the future.
Smiths continues to be awarded membership of the FTSE4Good Index which recognises companies that meet globally recognised corporate responsibility standards. While we are not complacent about the ongoing work required, we were pleased to receive this external recognition of our corporate responsibility initiatives and business ethics programme.
Our approach is based on our Code of Business Ethics, which applies to all our business and people around the world.