Code of Conduct
Our revised Ethics Code has been communicated to all employees during 2012. The Code applies to all employees in all Coats Group companies globally. A Whistleblowing Policy and process is also in place to encourage the reporting of any possible occurrences of non-compliance with the Code.
At the end of December 2012 we were pleased to find that 87% of our employees think that Coats is a socially and environmentally responsible company. This is an increase of four percentage points from 2011 and 10 points above the industry norm. 83% of our employees also feel that our senior leaders are committed to ethical business practices and conduct (up six percentage points from the previous year).
Ethics and Anti-Corruption Training
During 2012, we continued to embed our CR policies throughout our business and to roll out our online training package covering many of the themes in our CR programme: anti-corruption, competition and ethics. All 4,700+ senior employees and those with externally facing roles have now been trained. Check out our case study – Company-Wide Ethics Training for more information.