Why business conduct and ethics is a material topic for ERM
Business conduct and ethics is essential to the success and sustainability of ERM.
We conduct business with uncompromising honesty and integrity, adhering to laws, regulations and our written Code of Conduct, and expect everyone at ERM to act accordingly.
We express this commitment through our business values, professional standards, employee training and our internal systems and practices. It is key to earning and maintaining the trust of our company’s stakeholders: shareholders and investors, management and employees, clients, suppliers and contractors, governments, nongovernmental organizations (NGOs) and the communities in which we operate.
We set three targets for FY21 and met or exceeded two of them (see below). For new starter training, although we improved over last year (92% to 99% completion), we continue to fine tune our systems to ensure all mandatory training will be completed on schedule.
Highlight
Our performance
KPI highlight targets
- No fines or nonmonetary sanctions for material noncompliance with laws or regulations.
- 100% completion of ERM global mandatory new starter training.
- 95% completion of required refresher training for employees with designated due dates on or before 31 March 2021.
KPI highlight results
- No fines or nonmonetary sanctions for material noncompliance with laws or regulations.
- 99% completion of ERM global mandatory new starter training.
- 98% completion of required refresher training for employees with designated due dates on or before 31 March 2021.
View our FY22 targets.