Obligation to Non-Shareholder Stakeholders
Babcock & Brown recognises that it has a number of legal and other obligations to its non-shareholder stakeholders, including employees, clients and the wider community.
The objectives of the Code include ensuring that employees, suppliers, clients and competitors can be assured that the Group will conduct its affairs in accordance with ethical values and practices. Employees are required to comply with both the spirit as well as the letter of the ASX Listing Rules and all laws which govern the operations of the Group. The Code of Conduct specifically requires all employees to always deal with shareholders, clients, customers, suppliers, competitors and other employees in a manner that is lawful, diligent and fair and with honesty, integrity and respect.
In accordance with the Code of Conduct, Babcock & Brown aims to provide a work environment in which all employees can excel regardless of race, religion, age, disability, gender, sexual preference or marital status. In this regard, the Company maintains various policies relating to the workplace, including in respect of non-discrimination and occupational health and safety issues.
These principles of fairness, honesty and propriety are essential elements of the various policies which have been adopted by the Company.