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Governance
Ethics & Integrity
Responsibility and accountability for the conduct of our activities lies with the Board of Directors, our highest governing body, and its Committees.
The day-to-day management of environmental, social and governance aspects to the business are delegated to the CEO and the Executive Committee, and locally managed by IPC’s General Managers in our operating regions.
Local task forces have been established to embed sustainability at all levels of the organisation. Additional context and details on our approach to climate governance can be found within our TCFD Report.
Sustainability oversight
The Board ensures that appropriate governance mechanisms are in place to monitor the Company’s operational, financial, ESG and climate change issues, and that relevant information and reporting are provided, including progress and continuous improvement efforts with respect to IPC‘s performance against these issues. Our Code of Ethics and Business Conduct is the Foundation of our Company’s overarching values. We place responsibility on each and every employee to comply with and uphold these standards.
IPC is dedicated to promoting ethical behavior and preventing abuse and malpractice in its operations.
Pillar | Environment | Social |
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Board oversight |
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Executive oversight |
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See our TCFD Report for further information on management oversight and our approach to climate governance
Our policies | Human Rights Policyto uphold international standards and avoid infringing on individual human rights or being complicit in abuse. | Anti-Corruption Policyprohibits any and all forms of corruption, whether active or passive, direct or indirect, across all areas of the Company. |
 Human Rights PolicyJanuary 23, 2024407.04 KB | Anti-Corruption PolicyDecember 19, 2019152.41 KB | |
Anti-Fraud Policyseeks to prevent fraud and enhance internal control standards for business activities. | Anti-Money Laundering Policyupholds the highest standards of integrity and compliance in preventing money laundering and the potential unintended financing of criminal activities. | Whistleblowing Policyand procedure are in place to encourage employees to report any potential violations of the Company’s policies or legal obligations, without fear of retaliation. |
Anti-Fraud PolicyDecember 19, 2019155.18 KB | Anti-Money Laundering PolicyDecember 19, 2019154.14 KB | Whistleblowing Policy and ProcedureOctober 10, 2019222.99 KB |
Our policies
Human Rights Policy
to uphold international standards and avoid infringing on individual human rights or being complicit in abuse.
Human Rights Policy
Anti-Corruption Policy
prohibits any and all forms of corruption, whether active or passive, direct or indirect, across all areas of the Company.
Anti-Corruption Policy
Anti-Fraud Policy
seeks to prevent fraud and enhance internal control standards for business activities.
Anti-Fraud Policy
Anti-Money Laundering Policy
upholds the highest standards of integrity and compliance in preventing money laundering and the potential unintended financing of criminal activities.
Anti-Money Laundering Policy
Whistleblowing Policy
and procedure are in place to encourage employees to report any potential violations of the Company’s policies or legal obligations, without fear of retaliation.
Whistleblowing Policy and Procedure
Sustainability Policy
IPC’s Sustainability Policy provides high-level guidance and reflects how sustainable business practices are part of every aspect of IPC’s activity. The policy is centered around our sustainability priorities and is further supported by subject specific policies and procedures setting clear expectations and providing guidance to our countries of operations, ensuring we apply the same high standards across IPC. This structure creates accountability throughout IPC from the Board and executive level to the operations in each country.
In addition, executive remuneration is linked to ESG performance, including progress towards targets, and the Board is responsible for monitoring and overseeing such metrics. ESG performance accounts for 15% of corporate targets determining variable executive remuneration, and comprises climate, environmental and safety targets.