Drive a culture of integrity and the highest ethical behavior.
As a global healthcare company operating in more than 100 countries, we are committed to effective corporate governance, adherence to the law, and a culture of ethics and compliance throughout the organization. In 1995, we became one of the first companies to adopt formal corporate governance guidelines. Enhancing our practices and setting new standards is ongoing, and our current corporate governance guidelines reflect this evolution.
Our Ethics and Compliance team works closely with teams across the regions to ensure that our activities adhere to applicable laws and to company policies. We offer numerous channels to educate and counsel employees, as well as confidential avenues to raise questions or report alleged violations of law and company policy. We investigate these items promptly and report to senior management as appropriate.
Codes and Standards
Code of Conduct
We have established a strong foundation of integrity and compliance that helps guide employees in making good, ethical business judgments and taking appropriate, lawful actions.
Standard for Suppliers
We expect suppliers and business partners to comply with our guidelines and to know and obey all the laws governing the purchasing function at Baxter.
Global Policy on Interactions with the Medical Community and Government Officials (Global Interactions Policy)
Building on the foundation of Baxter's Code of Conduct and applicable laws, this Policy defines the principles and rules governing our interactions with Government Officials and the Medical Community.
Global Third Party Anticorruption Policy (Third Party Policy)
Baxter is committed to conducting business with integrity and in compliance with the law in all countries in which we operate. It is critical that all Third Parties who interact with Government Officials. Healthcare Professionals, Medical Institutions and Non-Profit Organizations on Baxter's behalf share our commitment.
Human Rights across the Value Chain
As outlined in our Global Human Rights Policy, we respect the human rights, dignity and diverse contributions of all individuals. Fostering human rights in our direct and indirect actions takes many forms, and is reflected in numerous company policies and initiatives, in areas including employment practices, privacy, safety, supply chain, ethical conduct and access to healthcare.
Professional Codes of Ethics and Industry Standards
We have adopted numerous external professional and industry codes of ethics, for example:
- AdvaMed Code of Ethics on Interactions with Health Care Professionals. Learn more about the AdvaMed Code of Ethics.
- MedTech Europe Code of Ethical Business Practice
Additionally, we work with various non-governmental organizations and trade associations to enhance ethics and compliance standards worldwide. This includes:
- Working with the China Association of Enterprises with Foreign Investment R&D-based Pharmaceutical Association Committee (RDPAC) on an industry-wide ethical sales and marketing code
- Participating on a task force of the China Council of Advanced Medical Technology Association (AdvaMed) to develop an industry code of conduct for the China operations of AdvaMed member companies
Ethics and Compliance Structure and Programs
We design and update our ethics and compliance structure and programs regularly to reflect the needs of a complex global healthcare company.
We have an integrated local governance model in place, with Ethics & Compliance committees operating at the regional, country and business levels to drive the integration of the Ethics & Compliance program throughout Baxter.
Data Privacy and Security
Communication and Guidance
Open communication is central to our commitment to integrity. We offer numerous channels to educate and counsel employees, as well as confidential avenues to report suspected violations of law and policy, which Ethics & Compliance investigates promptly and reports to senior management as appropriate. Managers are responsible for maintaining an environment that enables employees to raise and discuss issues safely.
One such channel is the Baxter Ethics and Compliance Helpline, an independent telephone and Web resource available to employees and their families, suppliers, customers and other Baxter stakeholders to raise issues and openly communicate about possible company ethics and compliance issues. Callers can report an issue or seek guidance in numerous languages, 24 hours a day, seven days a week, and may choose to remain anonymous.