Health and safety, employee and customer risks are identified
and integrated into our risk management system overseen by the
Audit and Risk Committee on behalf of the Board.
Where a risk is identified, the divisional Chief
Executives take responsibility for mitigation steps, bringing in
the experience of relevant operational teams within
the business where required.
For profiles of our Board and Executive Committee please see the
We have confidential 'whistleblower' hotlines provided by
independent third parties who promptly report messages received via
the service to central Group senior management. Callers can remain
anonymous if they wish. The hotlines are intended for use by
employees to report concerns that they feel unable to raise with
line management (or, where they have raised matters, but they are
not satisfied with the response) about financial irregularities,
health and safety, environmental harm or failure to comply with
legal obligations. Every new employee who joins Babcock is made
aware of the existence of the hotlines as part of their induction;
details of the hotlines are advertised at operating sites. The
acquisition of VT was used as an opportunity to refresh
communication about the hotlines in July 2010 when all employees
across the Group received an information pack describing the newly
enlarged Group and reminding them of the hotlines.
We are committed to the highest ethical standards and operate a
strict ethical policy, which divisional Chief Executives are
responsible for implementing and reporting on annually. The policy
covers and provides guidance on areas such as conflict of interest;
unlawful and unethical acts; avoiding bribery and corruption; the
use of commercial or marketing agents (especially in overseas
territories); and giving and receiving gifts and hospitality.
Procedures across the Group have been reviewed in light of the
Click here to view the
Babcock Code of Conduct.