Jump to full article: Imperial Tobacco (uk), 2009-01-28
Author: Alison Cooper, Corporate Development Director.
Intro: Conducting our business responsibly is fundamental to our future success and the sustainability of our business - including managing social, environmental and economic risks and opportunities, and responding to external developments and stakeholder issues. In addition, our responsible approach enhances our credibility with stakeholders and supports our international development.
The Board of Imperial Tobacco Group PLC remains committed to high standards of corporate governance and business conduct and this will continue to be emphasised in the enlarged Group, following the acquisition of Altadis in January 2008. . . .
In preparation for the integration of Imperial Tobacco and Altadis, I have sponsored specific projects aimed at further strengthening our approach to corporate governance and the Board has agreed to the appointment of a specific Risk Co-ordination Committee under the chairmanship of the Company Secretary.
In the last few months of the financial year, we have completed a project to help improve the clarity of our corporate documents and how they are interconnected. These documents include our Business Principles, Code of Conduct and Group policies, which set out the corporate standards we strive to achieve regardless of the requirements of local regulations. An example of this is our International Marketing Standard (IMS), which sets out our principles and rules for the marketing and promotion of our products. The next phase is the roll-out of guidance and training on this revised document framework to further educate our employees regarding the behaviour that is expected of them in their work for Imperial Tobacco, and particularly in respect of their business decisions.
Imperial Tobacco and Altadis have taken similar approaches to corporate responsibility
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