Corporate Governance Policy

Corporate Governance Policy

Operating in a responsible and sustainable manner is important to IBAM. We also see corporate responsibility as a discipline that helps us manage risks and maximise on the opportunities available to us in a changing world. Our Corporate Governance Policy is intended to provide a framework for the governance of IBAM and adherence to our policies and related operating procedures is the responsibility of every employee.

We are committed to understanding, monitoring and managing our social, environmental and economic impact to enable us to contribute to society’s wider goal of sustainable development. This commitment is deeply ingrained in our core values and we aim to demonstrate these responsibilities through our actions and within our corporate policies.

At IBAM, we define Corporate Social Responsibility as follows:

  • Conducting business in a socially responsible and ethical manner;
  • Protecting the environment and the safety of people;
  • Supporting human rights; and engaging, learning from, respecting and supporting the communities and cultures within which we work.

IBAM will ensure that all matters of Corporate Social Responsibility are considered and supported in our operations and administrative matters and are consistent with IBAM stakeholders’ best interests. This Policy applies to activities undertaken by or on behalf of IBAM.

All IBAM employees, suppliers and contractors are to adopt the Corporate Social Responsibility considerations described in this policy into their day-to-day work activities.

IBAM leaders are to act as role models by incorporating these considerations into decision making in all business activities. IBAM leaders are to ensure that appropriate organisational structures are in place to effectively identify, monitor, and manage Corporate Social Responsibility issues and performance relevant to our business.

This Policy is built on the following areas that reflect existing and emerging standards of Corporate Social Responsibility:

 

Business Ethics and Transparency

  • IBAM is committed to maintaining the highest standards of integrity and corporate governance practices in order to maintain excellence in its daily operations, and to promote confidence in its governance systems.
  • IBAM will conduct its business in an open, honest, and ethical manner.
  • IBAM recognizes the importance of protecting all of our human, financial, physical, informational, social, environmental, and reputational assets.
  • IBAM will advise its partners, contractors, and suppliers of its Corporate Social
  • Responsibility Policy, and will work with them to achieve consistency with this policy.
  • IBAM is committed to measuring, auditing and tracking the performance of its
  • Corporate Social Responsibility programs.

 

Environment Health & Safety

IBAM is committed to protecting the health and safety of all individuals affected by our activities, including our employees, contractors and the public. IBAM will provide a safe and healthy working environment, and will not compromise the health and safety of any individual. Our goal is to have no accidents and mitigate impacts on the environment by working with our stakeholders, peers and others to promote responsible environmental practices and continuous improvement. IBAM is committed to environmental protection and stewardship. IBAM recognizes that pollution prevention, biodiversity and resource conservation are key to a sustainable environment, and will effectively integrate these concepts into its business decision-making.

All employees and contractors are responsible and accountable for contributing to a safe working environment, for fostering safe working attitudes, and for operating in an environmentally responsible manner.

IBAM has committed to:

  • Promising to conserve our environment by managing and mitigating the impact of harmful substances, as defined by industry standards, in its material and manufacturing processes.
  • Being a socially and environmentally conscious company, operating in full compliance with the local laws and regulations regarding the ethical, corporate governance, labour, health and safety, and environmental compliance of the countries within which we conduct business.

 

Stakeholder Relations

IBAM is proud of our commitment to apply fair labour practices, and are committed to providing equal opportunity in all aspects of employment. We do not engage in or tolerate unlawful workplace conduct, including discrimination, intimidation, or harassment.

IBAM works with our suppliers to help them treat their workers and employees fairly and with dignity and respect, maintain safe working conditions, and conduct manufacturing activities in an environmentally safe and responsible manner. IBAM does not tolerate human rights abuses, human trafficking and/or slavery, and will not engage or be complicit in any activity that solicits or encourages human rights abuse. As part of this endeavour, we actively manage a Supplier Management Procedure.

Need more information? Contact us online using the information here or just call us on 020 3145 3333