Codes and policies
On this page:
- Code of Ethics & Conduct
- Continuous disclosure policy
- Diversity policy
- Security trading policy
- Public policy position on climate change
As an organisation we fulfil our purpose in accordance with the highest standard of ethics and conduct by:
- empathising with the needs of others
- treating people fairly
- complying with all relevant laws and regulations
- being true to our word and standing behind our promises
- communicating openly and with candour
- respecting privacy and confidentiality, and above all, by striving to ‘do the right thing’
- understanding the needs and importance of our shareholders, community, people, customers and partners.
Our IAG-Code-of-Ethics-and-Conduct.pdf makes clear the behaviour expected from everyone at IAG. It applies to all of our people in every part of our business, including our Board. It also sets out how we expect our external partners to behave.
It sets out our framework for ethics and conduct:
- We make our customers’ worlds safer
- We make our communities safer
- We make our workplace safer
- We act with honesty and integrity
- We comply with laws and regulations
- We speak up and report breaches
Reporting ethical concerns
IAG has a number of mechanisms in place to allow our people to report ethical concerns, and these are set out om Code of Ethics & Conduct.
All concerns will be taken seriously and addressed in a thorough and professional manner. When potential misconduct is reported, we will investigate and take appropriate action.
IAG will not tolerate retaliation in any form against people who, in good faith, report suspected ethical or legal misconduct or policy violations.
The company's continuous disclosure policy sets out the mechanisms through which IAG ensures investors and others are kept informed of all relevant information which may have a material impact on IAG's share price.
IAG’s diversity policy captures our commitment to creating a workforce and culture where we respect and value the different experiences of our people, and harness the opportunity and business benefits that diverse ideas and perspectives bring to our organisation and stakeholders.
At IAG, we're concentrating on improving gender, age and ethnic diversity in our organisation. We believe that improvement in these areas supports our workforce sustainability and builds competitive advantage by leveraging thinking and aligning more closely with our customer base.
The company's security trading policy reinforces the responsibility of all directors, employees and contractors of the need to exercise care when in possession of inside information and sets out a protocol for dealing in IAG securities by designated persons.
Public policy position on climate change
The latest report from the Intergovernmental Panel on Climate Change (IPCC) asserts that the emission of greenhouse gases from human activity is “extremely likely” to be the dominant cause of the observed warming of the climate over the last half century, and global greenhouse gas emissions must be reduced to prevent further warming. IAG supports the 2015 Paris Agreement to limit global average temperature rise to well below 2°C above pre-industrial levels, and supports the development of well-designed policies that enable the delivery of this Agreement. In August 2016, IAG published its public policy position on climate change.