As a power management company, Eaton cares about ‘doing business right’ in meeting the needs of our global customers, employees and communities. It is inherent in our culture. How we get our results at Eaton is just as important as the results themselves and an important measure of our company’s success.
Clear guidelines related to ethical behaviour, safety requirements and environmental practices are communicated worldwide to employees. Outlined in this document is a summary of some of the commitments that exemplify our approach to ethics and integrity in everything we do.
Our vision is to improve the quality of life and the environment through the use of power management technologies and services.
Sustainable business: We are committed to being a global leader in safeguarding the health and safety of our employees and protecting the environment. Eaton power management solutions increase the energy efficiency of buildings, vehicles and machinery, help to conserve natural resources, shrink the carbon footprint of our customers and reduce the environmental impact of everyday life.
Employee safety: We believe that the safety and health of our employees is of the highest importance. We seek to prevent accidents, injuries and occupational illnesses and promote healthy and safe lifestyles for our employees and their families.
Compliance: We have a worldwide environment, health and safety (EHS) governance structure of people, policies and processes, designed to ensure compliance, responsible EHS practices and proactive incident reporting and response. This structure applies to both our operations and to the products we make. We strive to meet or exceed regulatory requirements, consistent with Eaton’s commitment to respect and obey the laws, rules and regulations applying to our businesses around the world. We work to create a ‘zero incident’ culture and to continuously improve our EHS performance. We use qualified and independent third parties to assess and verify our EHS performance metrics.
Environmental stewardship: Our commitment to the environment goes beyond legal compliance and extends to actions intended to reduce our environmental footprint through our operations, products and supply chain. In our operations, this commitment is reflected in our efforts to prevent pollution, reduce greenhouse gas emissions and conserve natural resources – efforts incorporated into supply-chain commitments. We also design our products for the environment (considering raw materials and energy efficiency, for example) and incorporate life-cycle impact into their design. Together, these efforts support Eaton’s overall sustainable business model.
Customers, suppliers and contractors: We partner with our customers, suppliers and contractors to ensure compliance, promote safety, reduce our collective environmental footprint and develop sustainable solutions to the world’s environmental and power management challenges.
Community and government: We are committed to producing products in safe workplaces that are environmentally responsible. We participate in and contribute to local and governmental EHS initiatives that improve the quality of life in the communities where we live and work.
Respecting human rights: We respect human rights and require our suppliers to do the same. We recognise that many independent organisations and commissions have proposed core international human rights instruments, such as the United Nations Global Compact, the Universal Declaration of Human Rights, the International Covenant on Civil and Political Rights and the International Covenant on Economic, Social and Cultural Rights. These instruments generally follow the principles that businesses should respect and support identified human rights and should not participate in human rights abuses. At Eaton, these important principles are integrated into our core values and govern the way we conduct ourselves every day, as well as what we require of our suppliers. We are also a member of and proudly participate in the Global Reporting Initiative, which is one of the world’s most widely used reporting frameworks for performance on human rights, labour, environment, anti-corruption and corporate citizenship.
Child labour: We do not employ child labour. We define a child as anyone under the age of 16. If local law is more restrictive than our policy, we will comply with local law. However, even where local law permits us to employ people younger than 16, we will not.
Forced labour: We prohibit the use of any indentured or forced labour, slavery or servitude.
Respecting diversity and fair employment practices: We are committed to respecting a culturally diverse workforce through practices that provide equal access and fair treatment to all employees on the basis of merit. We do not tolerate harassment or discrimination in the workplace.
Freedom of association: We respect our employee’s right to join or not join any lawful organisation, including trade unions and works councils. Eaton works constructively with established employee representative organisations in numerous locations, with a goal of balancing the needs of our employees and the overall best interest of the company. We are committed to complying with all applicable local and national laws pertaining to freedom of association and collective bargaining.
Obeying the law: We respect and obey the laws, rules and regulations applying to our businesses around the world.
Competing ethically: We gain competitive advantage through superior performance. We do not engage in unethical or illegal trade practices.
Avoiding conflicts of interest: We avoid relationships or conduct that might compromise judgment or create actual or apparent conflicts between our personal interests and our loyalty to Eaton. We do not use our position with Eaton to obtain improper benefits for others or ourselves. We do not engage in activities or enter into relationships that compete with Eaton.
Acting with integrity: We do not offer or accept bribes, kickbacks or inappropriate gifts or entertainment. We engage in business practices that are consistent with our ethics and values.
Integrity of recording and reporting our financial results: We properly maintain accurate and complete financial and other business records and communicate full, fair, accurate, timely and understandable financial results and other material information. We have developed a system of internal controls designed to preserve the integrity of our records and information.
Protecting assets and information: We use Eaton property, information and opportunities for Eaton’s business purposes and not for unauthorised use. We properly maintain the confidentiality of information and employee data entrusted to us by Eaton or others.
Selling to governments: We comply with the special laws, rules and regulations that relate to government contracts and relationships with government personnel.
Delivering quality: We are committed to producing quality products and providing quality services.
The Office of Ombudsman was created in order to enhance the ability of Eaton employees to surface work-related concerns that otherwise might not have been reported via the normal problem solving channels. The Office of Ombudsman is guided by the standards of practice of the International Ombudsman Association and provides employees a safe place to discuss their concerns confidentially and off-the-record with a neutral and independent person without the fear of retaliation and interference.