Governing fairly and transparently
We operate in a demanding, complex and increasingly globalized business environment. With new challenges each day, the choices we make define our reputation as individuals and as an organization. EY strives to build a culture of quality and trust that emphasizes transparency, independence and accountability of all professionals. We rely on our values, our purpose and our professional standards — anchored in our sound governance structure — to guide us in our day-to-day choices and decisions.
Our Global Code of Conduct sets out a clear set of standards for the way we conduct business. It provides each of us with an ethical framework to guide us when we are faced with complex and challenging choices. To ensure that the Code of Conduct is embedded into our organization’s culture, all EY people, regardless of individual role, position or practice, file an annual confirmation affirming that they have read, understood and will act in accordance with the Code of Conduct.
The EY/Ethics Hotline provides EY people, clients and others outside of the organization a means to report in confidence any activity that may involve unethical or improper behavior, as well as any behavior that may be in violation of professional standards or otherwise inconsistent with the EY shared values or Global Code of Conduct.
Our compliance framework, comprising extensive policies, procedures, controls and trainings supports us to act in adherence with our Global Code of Conduct and EY values and ensures fair and ethical business practices. It is fundamental to us to continue delivering high quality, managing risk, protecting EY people and meeting regulatory requirements.
We maintain trust and transparency by regularly communicating with relevant stakeholders on how we manage risk, by maintaining independence as auditors and by ensuring sustainable audit quality. We embrace the transparency objectives of the European union’s Regulation 537/2014, which require statutory auditors of public interest entities (PIEs) to publish annual transparency reports.