Committed to Integrity
A reputation for honesty and integrity is an important asset. The ethical conduct of our business and compliance with both the letter and the spirit of the laws and regulations that govern our operations build trust and respect with customers, suppliers, employees, shareholders and the communities where we operate. When we set our standards high and live by what we preach, we improve the way we manage our own affairs, develop a reputation for integrity, and create an atmosphere of confidence between ourselves and those we do business with. This is essential for our success.
To keep us on the path set by these values, the company has developed Babcock & Wilcox Standards, which are described in our corporate policies and procedures, our Code of Business Ethics and Conduct, the Foreign Corrupt Practices Act Manual and our Compliance Manual.
The elements of the Babcock & Wilcox Standards are important. Our Corporate Policies Manual governs our operations and provides guidelines for the everyday conduct of business. Our Code of Business Conduct describes in detail the ethical standards that govern all of our business operations.
Our compliance program provides a system to prevent and detect violations of the Code, our policies, and the laws and regulations that govern our business.
In today's world, the line between the right choice and the wrong choice is not always clearly drawn. That is why we believe it is valuable to set and maintain high ethical standards outlined by our Code of Business Conduct and Corporate Policies.