Ethical misconduct and legal or regulatory non-compliance
Ethical misconduct or breaches of applicable laws or regulations could damage
our reputation, adversely affect operational results and shareholder value, and
potentially affect our licence to operate. Our code of conduct and our values
and behaviours, applicable to all employees, are central to managing this risk.
Additionally, we have various group requirements covering areas such as
anti-bribery and corruption, anti-money laundering, competition/anti-trust law
and trade sanctions. We keep abreast of new regulations and legislation and
plan our response to them. We also operate a range of compliance training and
monitoring programmes for our employees. We offer an independent
confidential helpline, OpenTalk, for employees, contractors and other third
parties. For information on our code of conduct, see page 48.
Under the terms of the US Department of Justice settlement (see Legal
proceedings on page 257), an ethics monitor will also review and provide
recommendations concerning BP’s ethics and compliance programme.
Ethical misconduct and legal or regulatory non-compliance
Ethical misconduct or breaches of applicable laws or regulations could damage
our reputation, adversely affect operational results and shareholder value, and
potentially affect our licence to operate. Our code of conduct and our values
and behaviours, applicable to all employees, are central to managing this risk.
Additionally, we have various group requirements covering areas such as
anti-bribery and corruption, anti-money laundering, competition/anti-trust law
and trade sanctions. We keep abreast of new regulations and legislation and
plan our response to them. We also operate a range of compliance training and
monitoring programmes for our employees. We offer an independent
confidential helpline, OpenTalk, for employees, contractors and other third
parties. For information on our code of conduct, see page 48.
Under the terms of the US Department of Justice settlement (see Legal
proceedings on page 257), an ethics monitor will also review and provide
recommendations concerning BP’s ethics and compliance programme.
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