Code of Conduct
Babcock & Brown is committed to delivering strong returns and shareholder value whilst also promoting shareholder and general market confidence in the Company and to fostering an ethical and transparent culture within Babcock & Brown. To this end, the Company has established a Code of Conduct which is designed to ensure that:
- high standards of corporate and individual behaviour are observed by all Directors and employees in the context of their employment;
- employers are aware of their responsibilities to the Company under their contract of employment and always act in an ethical and professional manner.
The Code of Conduct requires Directors and employees to, among other things:
- avoid conflicts of interest between their personal interests and those of the Company and its clients and the Specialised Funds managed by the Group.
- not take advantage of opportunities arising from their position for personal gain or in competition with the Company.
- comply with the Company’s share trading, employee investment and other policies.
The Code of Conduct requires Directors and employees to report any actual or potential breach of the law, the Code of Conduct or other Company policies. In accordance with its Whistleblowing Policy, Babcock & Brown promotes and encourages ethical behaviour and provides protection for those who report violations.
In addition to the Code of Conduct, the Board Charter requires that all Directors conduct their duties at the highest level of honesty and integrity, observe the rule and the spirit of the law, comply with any relevant ethical and technical standards, do not make improper use of any confidential information and set a high standard of fairness, diligence and competency in their position as a Director.