Corporate Governance

Standards of Business Conduct

The Company has well-established “Standards of Business Conduct” consisting of various policies and guidelines that apply to all officers and employees.

Officers and employees are expected to review these policies annually and provide written confirmation of compliance. Formal business practice reviews are conducted periodically for all officers and employees to ensure an even greater understanding of these standards. In addition, periodic training sessions are held on specific policies. For example, the Company provides annual training on the anti-corruption policy to employees in designated positions.

The Standards of Business Conduct contain 17 foundational policies as follows:

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Ethics Download PDF
Conflicts of Interest Download PDF
Corporate Assets Download PDF
Directorship Download PDF
Gifts and Entertainment Download PDF
Political Activities Download PDF
International Operations Download PDF
Antitrust Download PDF
Health Download PDF
Environment Download PDF
Safety Download PDF
Product Safety Download PDF
Customer Relations and Product Quality Download PDF
Alcohol and Drug Use Download PDF
Equal Employment Opportunity Download PDF
Harassment in the Workplace Download PDF
Anti-corruption Download PDF

The Company is committed to the highest standards of business conduct and rigorous anti-corruption compliance. We adopt the Anti-Corruption Legal Compliance Guide of Exxon Mobil Corporation which outlines a commitment to comply with the U.S. Foreign Corrupt Practices Act (FCPA), the United Kingdom Bribery Act, and global anti-corruption standards. It also describes elements of the Company’s anti-corruption compliance program. Employees and contractors acting on behalf of the Company are strictly prohibited from making payments to or engaging in transactions with government officials to improperly influence the performance of their official duties.

Lastly, the Company has an Open Door Communications Procedure set out in the Standards of Business Conduct which encourages employees to ask questions, voice concerns, and make appropriate suggestions regarding the business practices of the Company. Employees are expected to report promptly to management suspected violations of law, the Company’s policies, and the Company’s internal controls, so that management can take appropriate corrective action. Depending on the subject matter of the question, concern, or suggestion, each employee has access to alternative channels of communication, for example, the Controller's Department; Internal Audit; the Human Resources Department; the Law Department; the Safety, Health and Environment Department; the Security Department; and the Treasurer's Department. Suspected violations of law or the Company's policies involving a director or executive officer, as well as any concern regarding questionable accounting or auditing matters, should be referred directly to the Company’s General Auditor. Employees may also address communications to individual non-employee director or to the non-employee directors as a group or make complaints without identify themselves via communication channel as detailed in the Open Door Communication Procedure. No action may be taken or threatened against any employee for asking questions, voicing concerns, or making complaints or suggestions in conformity with the procedures described above, unless the employee acts with willful disregard of the truth.