Albemarle is fully committed to working with integrity. Doing what is right, and doing what we say we will do, is our starting point for everything. We care as much about how results are achieved as we do about the results themselves, and we have a responsibility to operate our business in a transparent and ethical manner.
Our Approach
Our Chief Compliance Officer is responsible for our comprehensive ethics and compliance program. We report on emerging compliance risks and the status of our program to the Audit and Finance Committee on a quarterly basis. Our approach to business ethics is directed by our code of conduct, which provides an overview of our expectations and standards for ethical behavior and compliance, as applied in day-to-day employee activities.
Programs & Initiatives
- We require our workforce to complete annual code of conduct training and provide additional in-depth compliance training to employees according to potential ethics and compliance risks they might face.
- We conduct periodic assessments of specific ethics and compliance risks of importance to our stakeholders, such as anti-corruption. These assessments also involve an assessment of the effectiveness of our existing controls and are reported in a manner consistent with our ERM framework.
- We conduct real-time analytics to provide us with insight into our ethics and compliance program and to help us direct resources where needed.
- When employees or other stakeholders recognize or suspect activity that is potentially in violation of our Code of Conduct or an applicable law, we encourage them to speak up. Employees may do so anonymously and without fear of retaliation. Concerns can be raised with employees’ supervisors, the Global Ethics & Compliance team, the General Counsel or members of the Legal Department, the Chair of the Audit and Finance Committee of the Board, the Human Resources Department, or via our Integrity Helpline.