Business Integrity and Ethics Policy

A reputation for integrity has been a cornerstone of Johnson Matthey’s business since Percival Norton Johnson founded it in 1817. It gives customers the confidence that the company’s products meet the standards claimed for them and that they may safely entrust their own precious metals to Johnson Matthey for processing and safe keeping. Employees at all levels are required to protect Johnson Matthey’s reputation for integrity.

The company strives to maintain the highest standards of ethical conduct and corporate responsibility worldwide through the application of the following principles:

  • Compliance with national and international laws and regulations is required as a minimum standard. 
  • Reputable business practices must be applied worldwide. 
  • Conflicts of interest must be declared and appropriate arrangements made to ensure that those with a material interest are not involved in the decision making process.
  • Improper payments of any kind are prohibited, similarly no gift whose value is material and which may be interpreted as a form of inducement should be accepted or offered by Johnson Matthey employees.
  • Reporting of business performance should be undertaken in such a way that senior management is fully and properly informed concerning the business’ true performance, risks and opportunities in a timely manner. 
  • Ethical issues must be dealt with in an efficient and transparent manner. A positive contribution to society as a whole, and specifically to the communities in which we operate, must be ensured. 
  • We must seek to influence our suppliers to operate to similar high standards as ourselves.

All employees have a duty to follow the principles set out in Johnson Matthey’s Business Integrity and Ethics Policy Statement.  It is the responsibility of directors and senior management to ensure that all employees who directly or indirectly report to them are fully aware of Johnson Matthey’s policies and values in the conduct of the company’s businesses. It is also the responsibility of directors and senior management to lead by example and to demonstrate the highest standards of integrity in carrying out their duties on behalf of the company. These issues are further safeguarded through corporate governance processes and monitoring by the board and sub-committees of the board.

Business Integrity and Ethics Policy DOWNLOAD PDF

Environment, Health and Safety Policy

Johnson Matthey is firmly committed to managing its activities throughout the group so as to provide the highest level of protection to the environment and to safeguard the health and safety of its employees, customers and the community.

The company’s EHS policies have been widely disseminated and provide the guiding principles necessary to ensure that high standards are achieved at all sites around the world. They also afford a means of promoting continuous improvement based on careful risk assessment and comprehensive EHS management systems, against which all sites are audited.

This policy and its associated procedures are designed to achieve the following corporate objectives:

  • That all locations meet legal and group environment, health and safety requirements.
  • That the design, manufacture and supply of products is undertaken so as to satisfy world class standards of health, safety, environmental management and resource efficiency.
  • That management systems are effective in maintaining standards and fulfilling the challenge of securing continuous improvement in environmental, health and safety performance.

In order to achieve these objectives we will:

  • Provide leadership and commitment as an expression of the importance that the board and the senior management team places on EHS issues.
  • Ensure accountability by holding corporate management and senior executives within each operating division and business unit responsible for EHS performance.
  • Provide the financial and human resources to allow EHS issues to be given an appropriate level of priority.
  • Provide good communication internally and externally and encourage employee involvement and cooperation at all levels in the organisation in meeting EHS objectives.
  • Ensure competence on EHS matters through education, training and awareness at all levels in the organisation, including creating an understanding of individual responsibilities for health, safety and the environment.
  • Undertake assessments to identify the risks to health, safety and the environment from company operations and ensure that appropriate control measures are implemented.
  • Ensure that new investments incorporate best practice and promote innovation through their design and operation to eliminate or minimise risks to health, safety and the environment.
  • Investigate incidents to identify the root cause and take action to prevent recurrence.
  • Promote programmes to achieve energy and resource efficiency.
  • Set key corporate objectives and performance targets that can be measured and assessed, reporting results in a meaningful and transparent way both internally and externally.
  • Undertake regular EHS inspections and audits of operations, and review performance, to ensure continuous improvement in EHS management.

Environment, Health and Safety Policy DOWNLOAD PDF

Equal Opportunities Policy

The group will recruit, train and develop employees who meet the requirements of the job role, regardless of gender, ethnic origin, age, religion, sexual orientation or disability. The policy recognises that people with disabilities can often be denied a fair chance at work because of misconceptions about their capabilities and seeks to enhance the opportunities available by attempting, wherever possible, to overcome obstacles, such as the need to modify equipment, restructure jobs or to improve access to premises, provided such action does not compromise health and safety standards. Similarly, employees who become disabled will be offered employment opportunities consistent with their capabilities. We value the diversity of our people as a core component of a sustainable business and employment applications are welcomed and encouraged from all sections of the community including minority groups.

Training and Development of People

Policy Objectives:

  • Ensure highest standards in the recruitment of employees.
  • Assess training needs in the light of job requirements.
  • Ensure relevance of training and link with business goals
  • Employ and evaluate effective and efficient training methods.
  • Promote from within, from high potential pools of talent.
  • Understand employees’ aspirations.
  • Provide development opportunities to meet employees’ potential and aspirations.

The Management Development and Remuneration Committee of the board takes a special interest in ensuring compliance with the Training and Development of People Policy.

Equal Opportunities / Training and Development DOWNLOAD PDF

Ethical and Sustainable Procurement Policy

Conducting our business in an ethical and sustainable way is fundamental to Johnson Matthey. This Ethical and Sustainable Procurement Policy, which applies to all purchases of goods and services, sets out how we will conduct business with our suppliers and describes the expectations we have of our suppliers regarding the way they conduct their business. Our aim is to ensure that the way business is conducted throughout the whole of our supply chain conforms to our own standards.

This Policy supports the aims and principles of our Business Integrity and Ethics Policy and our ‘Sustainability 2017’ sustainability vision statement, both of which can be found on our website at www.matthey.com.

Ethical Procurement

A reputation for integrity has been a cornerstone of our business since it was founded in 1817. We strive to maintain the highest standards of ethical conduct and corporate responsibility worldwide and seek to influence our suppliers to operate to similar high standards as ourselves.

We support the principles set out within the United Nations Universal Declaration of Human Rights and International Labour Organisation Core Conventions.

Sustainable Procurement

Sustainability is a key element of our strategy for the future growth of our business and in “Sustainability 2017”, our long term vision, we have set out our direction and aspirations to become a more sustainable business in the future. We are committed to the principles of sustainable development and aim to encourage our suppliers to adopt the values of sustainability which we uphold.

We will:

  • expect all our employees to adhere to our Business Integrity and Ethics Policy;
  • select and treat our suppliers fairly and objectively at all times;
  • pay suppliers in accordance with the agreed terms and deal with exceptions in a timely manner;
  • ensure an ethical basis to business practice;
  • seek to ensure that our suppliers’ environmental credentials are considered in our supplier appraisal process and that, where appropriate, environmental criteria are used in the award of contracts; an
  • seek to ensure that key suppliers understand and comply with this Ethical and Sustainable Procurement Policy.

We expect our suppliers to:

  • conduct business without the payment or receipt of inducements, unlawful incentives or other benefits that might be considered an attempt to influence decision makers;
  • respect fundamental human rights, including worker representation;
  • treat employees fairly, never abuse or threaten them and never use forced, bonded or child labour;
  • maintain a safe working environment at all times and provide access to protective equipment and safety training for all employees;
  • maintain effective policies, processes and procedures to manage their environmental impact and to operate their business in a sustainable way;
  • comply with all applicable local, national, regional and international laws, regulations and directives at all times; and
  • respect the intellectual property rights of others.

Ethical and Sustainable Procurement Policy DOWNLOAD PDF