In our Good Citizenship Business Principles, we commit to the
highest levels of ethical conduct and transparency.
As a participant in the UN Global Compact, we have committed to
working against corruption in all its forms, including extortion
and bribery. We support the Extractive Industries Transparency Initiative (EITI) and report annually on the tax and royalty payments we make in our significant countries of operation.
Our Business Principles,
supported by our new Business Integrity policy, prohibit
making donations to any political party or politicians, and require
that our employees, in giving or receiving gifts and hospitality,
abide by our policies and procedures, act in a transparent manner
and ensure that they do not seek any improper advantage when
conducting business or in their dealings with public officials.
We do not allow our employees, or those acting on our behalf, to
offer, solicit, pay or accept bribes. We also do not condone
anti-competitive practices and will not tolerate any such activity
by our employees. Our employees are also prohibited from trading
securities when in possession of unpublished, price-sensitive