Religion & Spirituality

Boeing code of conduct

Boeing code of conduct
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  LEARNING POINT OF BOEING CODE OF CONDUCT A code of conduct is a set of rules outlining the social norms and rules and responsibilities of, or  proper practices for, an individual, party or organization. Related concepts include ethical, honor,moral codes and religious laws. In its 2007 International ood !ractice uidance, "#efining and#eveloping an $ffective %ode of %onduct for &rganizations", the International 'ederation of Accountants provided the following wor(ing definition) "!rinciples, values, standards, or rulesof behaviour that guide the decisions, procedures and systems of an organization in a way that *a+contributes to the welfare of its (ey sta(eholders, and *b+ respects the rights of all constituentsaffected by its operations." A common code of conduct is written for employees of a company,which protects the business and informs the employees of the companys e-pectations. It is idealfor even the smallest of companies to form a document containing important information one-pectations for employees. he document does not need to be comple- or have elaborate policies, but the file needs a simple basis of what the company e-pects from each employee./.on1#iscrimination and arassmentIt is the policy of he 3oeing %ompany to attract and retain the best 4ualified people availablewithout regard to race, color, religion, national srcin, gender, se-ual orientation, gender identity,age, physical or mental disability, or veteran status. &ur nondiscrimination policy applies toapplicants as well as employees and covers all terms and conditions of employment, includingrecruiting, hiring, transfers, promotions, terminations, compensation and benefits. #iscriminationor harassment based on any of the above factors is prohibited, as is retaliation against a personwho has made a complaint or given information regarding possible violations of this policy.he purpose of $thics Recommitment events is to reinforce the importance of ethics and good business conduct at all times. Recommitment offers the opportunity to learn and to share(nowledge and understanding at individual wor( sites. It provides a place and a time for employees to as( 4uestions about ethics decisions, to learn more from real life case studies andto have meaningful discussions on how to deal with ethical situations or matters. In someinstances, we are including our annual ethics refresher training5the $thics %hallenge5as partof the $thics Recommitment event this year. hat training, which includes real1life wor(  1  e-amples from our business units, will occur annually instead of three times a year. 6e plan tounify our efforts into a single enterprise wide $thics Recommitment event in 200.2.6or( $nvironment and %ompensationhey are committed to promoting a wor( environment that fosters communication, productivity,creativity, teamwor(, and employee engagement. As a global company, we see( to provideemployees with compensation and benefits that are fair and e4uitable for the type of wor( andgeographic location *local mar(et+ where the wor( is being performed, and competitive withother world1class companies. heir ethical climate is healthy but continues to get healthier. 6ehave had several isolated failures that have hurt us in a very public way. &n the other hand, thishas also raised the awareness of how important it is for all of us to be watchful and to protect our company from undue harm.6hen you read news articles regarding 3oeing8s failures, it is important to remember that thereare many instances of positive news about our company, and that we are growing healthier everyday through increased awareness such as training, education, improved processes andrecommitment sessions. $very 3oeing employee plays a part in our ethical climate by learningmore about ethics, by as(ing more 4uestions, by 9doing the right thing: and by see(ing helpwhen necessary.;.$-pected behaviorshe 3oeing %ode of %onduct outlines e-pected behaviors for all 3oeing employees. 3oeing willconduct its business fairly, impartially, in an ethical and proper manner, and in full compliancewith all applicable laws and regulations. In conducting its business, integrity must underlie allcompany relationships, including those with customers, suppliers, communities and amongemployees. he highest standards of ethical business conduct are re4uired of 3oeing employeesin the performance of their company responsibilities. $mployees will not engage in conduct or activity that may raise 4uestions as to the company8s honesty, impartiality, reputation or otherwise cause embarrassment to the company. here are many ways an employee can get help<all are good. An employee can go to their supervisor or uman Resources, call or write the$thics =ine5anonymously, if they want5or see( out their $thics Advisor. 2  $thicshe purpose of the $thics and 3usiness %onduct program is to)%ommunicate the 3oeing >alues and standards of ethical business conduct to employeesInform employees of company policies and procedures regarding ethical business conduct$stablish companywide processes to assist employees in obtaining guidance and resolving4uestions regarding compliance with the companys standards of conduct and the 3oeing >alues$stablish companywide criteria for ethics education and awareness programs%ompany !olicy !&=12 "$thical 3usiness %onduct"!&=12 applies to all employees of he 3oeing %ompany, including subsidiaries, contingentlabor, consultants, and others acting for the company *"employees"+.3oeing will conduct its business fairly, impartially, in an ethical and proper manner, inaccordance with the companys values and %ode of %onduct, and in full compliance with all lawsand regulations. In the course of conducting company business, integrity must underlie allcompany relationships, including those with customers, suppliers, and communities and amongemployees. he highest standards of ethical business conduct and compliance are re4uired of 3oeing employees in performance of their company responsibilities. $mployees must not engagein conduct or activity that may raise 4uestions as to the companys honesty, impartiality, or reputation or otherwise cause embarrassment to the company. %onduct that is prohibited under 3oeing policy or does not comply with laws and regulations may not be accomplished on anemployees behalf by anyone outside the company.All employees must sign and abide by the 3oeing %ode of %onduct, which re4uires that theyunderstand the code, and as( 4uestions, see( guidance, report suspected violations, and e-pressconcerns regarding compliance with this policy and the related procedures. 3  o support the re4uirement for complete and accurate financial records and reporting, allemployees of the 'inance organization have an additional %ode of %onduct for 'inance.In addition, the 3oard of #irectors of he 3oeing %ompany has adopted a %ode of $thical3usiness %onduct that complies with the standards set forth in the ew ?or( @toc( $-changescorporate governance rules.he 3oeing %ompany will administer ethics and compliance programs to promote itscommitment to integrity and values as set forth in the 3oeing values and %ode of %onduct and toensure compliance with laws, rules, and regulations. hese programs will inform employees of company policies and procedures regarding ethical business conduct and help them to resolve4uestions and to report suspected violations. anagers are responsible for supportingimplementation of ethics and business conduct programs, and monitoring compliance to thecompanys values and ethical business conduct guidelines through such programs. anagers areresponsible for creating an open and honest environment in which employees feel comfortable in bringing issues forward. Retaliation against employees who raise genuine concerns will not betolerated./. %onflict of Interest. #irectors must avoid any conflicts of interest between them and the %ompany. Any situation thatinvolves, or may reasonably be e-pected to involve, a conflict of interest with the %ompany,should be disclosed promptly to the %hairman of the 3oard or the %hairman of the overnanceand ominating %ommittee. A 9conflict of interest: can occur when a #irector8s personal interest is adverse to B or mayappear to be adverse to B the interests of the %ompany as a whole. %onflicts of interest also arisewhen a #irector, or a member of his or her immediate family/, receives improper personal benefits as a result of his or her position as a director of the %ompany. his %ode does not attempt to describe all possible conflicts of interest that could develop. @omeof the more common conflicts from which #irectors must refrain, however, are set out below. 4  Relationship of %ompany with third parties. #irectors may not engage in any conduct or activities *other than in connection with 3oard consideration of a prospective business or contractual relationship wherein a #irector is carrying out his or her fiduciary responsibilities+that impair the %ompany8s relationship with any person or entity with which the %ompany has or  proposes to enter into a business or contractual relationship.%ompensation. on $mployee #irectors may not accept compensation from the %ompany for services performed for the %ompany other than director8s fees and compensation associated withtheir activities as a director unless such compensation is approved in advance by the %hairman of the overnance and ominating %ommittee.ifts. #irectors and members of their families may not accept gifts from persons or entities whodeal with the %ompany in those cases where any such gift has more than a nominal value, is being made in order to influence the #irector8s actions as a member of the 3oard, or whereacceptance of the gifts could create the appearance of a conflict of interest.2. %orporate &pportunities.#irectors are prohibited from) *a+ ta(ing for themselves opportunities related to the %ompany8s business< *b+ using the %ompany8s property, information, or position for personal gain< or *c+competing with the %ompany for business opportunities, provided, however, if the %ompany8s9disinterested #irectors,: as defined under applicable law, determine that the %ompany will not pursue an opportunity that relates to the %ompany8s business, a #irector may do so.;. %onfidentiality.#irectors shall maintain the confidentiality of information entrusted to them by the %ompany andany other confidential information about the %ompany that comes to them, from whatever source, in their capacity as a #irector, e-cept when disclosure is authorized or legally mandated. o #irector shall use confidential information for his or her personal benefit or to benefit persons or entities outside the %ompany. 'or purposes of this %ode, 9confidential information:includes all non1public information relating to the %ompany. 5
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