Governance
Governance is material to Reed Elsevier because it is the framework for all that we do.
2008 Objective:
- 80% of staff trained on Code of Ethics and Business Conduct
The Reed Elsevier Code of Ethics and Business Conduct (the Code), disseminated to every employee, is a guide to our corporate and individual behaviour. Encompassing topics like conflicts of interest, anti-bribery, and fair competition, it encourages open and principled behaviour.
By the close of 2008, 70% of current employees had received online training on the Code. Our goal to launch the course in the Netherlands, where we have the third highest concentration of employees, was delayed until January 2009, as approval from the Dutch Data Protection Authority was not forthcoming until late in the year. In 2008, Code training was rolled out to employee populations in the UK, Australia, Canada, New Zealand, India, Singapore, Hong Kong, and Thailand, in addition to ongoing implementation for new US employees. Employees also received training on anti-harassment, data privacy and security, competition law, and doing business with government.
2009 Objective:
- 80% trained in Code of Ethics, with 50% of US employees completing second round online Code of Ethics training