Good governance is in part having the right policies and procedures in place, but also having the right culture in the organisation. The Board takes the lead in setting the tone for the way in which UBM conducts its business, adopting and endorsing good practice which flows through into the organisation.
For more detail see our Governance Section. The management of risk is also important when considering the sustainability of the company and you can read about UBM’s Risk Management in 2015 Annual Report
Code of business conduct
Strong governance has also been embedded through the Code of Business Conduct – “Doing Business at UBM”
It covers issues such as:
- Anti-bribery and corruption
- Business conduct
- Health and safety
- Use of social media
- Labour standards [modern slavery]
- Information security
- Human Rights
In support UBM introduced an independent confidential reporting line for employees to anonymously report any breaches in the Code.