Message from our chairman
“We have always been committed to high standards of ethical conduct in our business and in our dealings with other organisations. At the heart of this are our values: integrity. excellence, transparency, and respect. We know that acting with integrity is critical to our success and long-term future. Over the years, it has earned us the trust of our customers and the people they serve. In 2017, it secured us the highest ranking of any pharmaceutical company in the UK’s Institute of Directors' Good Governance Report.”Said Darwazah Executive Chairman
Guided by our Code of Conduct, we are committed to high standards of ethical conduct in our business and in our dealings with others. This includes compliance with all relevant global and local laws, codes and regulations wherever we operate.
Code of Conduct
Our Code of Conduct clearly sets out the standards for ethical and business behaviour we expect from all of our employees. The Code is available on our website and new hires receive Code of Conduct training while other employees receive periodic refresher training to reinforce messages and ensure common understanding. Our Code of Conduct is supported by a range of policies and procedures designed to help employees and contractors put into practice the behaviour required by the Code.
Anti-bribery and corruption
We have a zero-tolerance policy for bribery and corruption at Hikma. Our Compliance, Responsibility and Ethics Committee (CREC) - a Board-level committee established in 2010 – leads our efforts to strengthen anti-bribery and corruption (ABC) policies and manage associated risks.
As a publicly-listed company on the London Stock Exchange (LSE), we abide by the regulations of the UK Listing Authority. We comply with the UK Bribery Act 2010, the Foreign Corrupt Practices Act and the Physician Payments Sunshine Act, as well as global anti-corruption standards and local anti-bribery and corruption laws.
We are founding members of the Partnering Against Corruption Initiative (PACI) to find out more click here, an offshoot of the World Economic Forum dedicated to promoting compliance and eliminating corruption. We are also members of the Business 20 Anti-Corruption Working Group to find out more click here. The B20 represents the business voice G20 group of governments and the Anti-corruption Working Group has the mandate to help companies improve their ethical conduct.
We maintain an ‘open-door’ management policy that allows employees to approach managers to discuss any concerns about potential violation of laws, regulations or our Code of Conduct, unethical behaviour or incidents that do not align with our values.
We also use an independent web-based reporting facility – ‘Speak Up’ – that allows both internal and external stakeholders to raise concerns about suspected misconduct. Individuals using the service can remain anonymous throughout the reporting process, if they wish. All cases received are reviewed by our Preliminary Investigations Committee, which includes members of our Legal and Compliance teams and Human Capital involvement when needed. We respond to any substantiated cases with the appropriate level of action or discipline.
You can access the Speak Up service here.
Hikma is a company that celebrates diversity and prides itself on a culture of inclusion. Our Code of Conduct upholds Principle 6 of the United Nations Global Compact on the elimination of discrimination in the workplace.
We welcome variety and treat all employees equally regardless of any actual or perceived characteristic. We hire on merit and are committed to employing and engaging talented people irrespective of their race, colour, religious creed, age, sex, marital status, national origin, present or past history of mental or physical disability and any other factors not related to a person’s ability to perform a role.
Details on our policies and positions, including our objection in the strongest possible terms to the use of any of our products for the purpose of capital punishment, can be found here.
We are opposed to all forms of child labour. Company labour laws across the Group clearly forbid the service of minors and we do not work with any partner, supplier or third party that does not conform to international labour standards.