Governance & Ethics
“Good corporate governance is the foundation upon which we build and achieve our goals and provide value to our shareholders, customers and the communities where we operate. We uphold the highest ethical standards and are accountable for all that we do.”Sharon Ryan, SVP, General Counsel & Corporate Secretary
Our business decisions are based on a governing structure that considers risks and attracts investments, driving value for shareholders and other valued stakeholders. Our vision, mission and values, collectively known as “The IP Way,” reflect our commitment to ethical business operations. This entails complying with all laws and regulations that govern our industry and adhering to our Code of Conduct.
Our Code of Business Ethics was revised in 2013 and renamed the Code of Conduct. The updated Code is written in clear, easy-to-understand language that reflects changes in laws and corporate policies. It includes on-the-job scenarios along with questions and answers to help guide employees though ethically challenging situations.
An extension of our internal Code of Conduct, our Supplier Code of Conduct outlines expectations for workplace standards and business practices for our suppliers, along with their parent entities, subsidiaries, affiliates and subcontractors. Compliance with these expectations helps determine whether International Paper enters new or extends existing business relationships. Suppliers are responsible for ensuring their employees, representatives and subcontractors understand and comply with our Code. International Paper honors laws and treaties of the countries where we operate. In addition, laws such as the United States Foreign Corrupt Practices Act (FCPA) and the UK Bribery Act apply to our global operations, regardless of whether countries of operation recognize them.