Corporate Governance

Corporate ethics policy

The aim of the Weir Group's Corporate Ethics Policy is to communicate to our customers, suppliers, investors, employees and the communities in which we operate, the ethical and social values we respect and our commitment to uphold human rights. By promoting sound ethical values and human rights principles we aim to be an aspiring business for people to join.

This policy covers Human Rights Principles, Employee Standards, Social Responsibility, Community Relations and Employees Responsibilities.

  • Purpose of the policy

    The Weir Group PLC is a world class global engineering and manufacturing group, which pursues and promotes human rights principles in all aspects of our business. The company is dedicated to the adoption of internationally recognised human rights standards in its global operations. The international sources of law upon which our human rights standards are based aim to ensure a consistent world-wide adoption of the principles throughout the group. Each operating entity may retain its existing Human Rights Policy or similar document, provided such a document incorporates the principles of this Policy and has received the prior approval of the Chief Executive Officer of The Weir Group PLC.

    The Universal Declaration of Human Rights provides "a common standard of achievement for all people and all nations" which The Weir Group PLC observes and promotes. The guidelines of the International Labour Organisation Conventions and The Convention for the Rights of the Child are also fundamental to instructing our policy provisions.

  • Human rights principles

    The Weir Group PLC has adopted a series of human rights principles across all of its businesses.

    Anti discriminative attitudes and respect for ethical values

    • All Weir employees should conduct themselves in accordance with the highest ethical standards.
    • Our aim is to ensure that no discrimination is practiced within Weir. We have adopted an "equality for all" policy to prevent discrimination in hiring, compensation, promotion, training, termination or retirement based on race, caste, colour, national origin, sex, age, religion, disability, veterans status (United States), marital status, actual or perceived sexual orientation, employment status or political affiliation. In some countries this policy may be modified by national legal requirements on affirmative action.
    • Our aim is to ensure that Weir employees are able to work in an environment free of physical, psychological or verbal abuse, the threat of abuse and sexual or other harassment and, accordingly, these are prohibited.
  • Employee standards

    Health and Safety

    • All employees shall receive the necessary health and safety training for their line of work.
    • Access to clean facilities, drinkable water and, if appropriate, sanitary facilities for food storage shall be provided.

    Living Wages

    • Employees shall be paid wages and benefits, for a standard working week that meets minimum national requirements.
    • On being employed by the Group, employees shall be informed of their employment conditions in written and understandable format with respect to wages and the circumstances of each payment.
    • Disciplinary deductions of wages are not permitted. Deductions not permitted by applicable law will be made only with the express consent of the employee concerned.

    Working Hours

    • The working hours of Weir employees shall comply with applicable laws.

    Freedom of Association and the Right to Collective Bargaining

    • The national and other applicable law and regulations concerning an individual's freedom of association shall be complied with at all times.
    • We shall not discriminate against employees legal bargaining representatives.

    Prohibition of Child Labour

    • We support the long term objective to eliminate child labour, being consistent with the United Nations Convention on the Rights of the Child and ILO Convention 138. No children are to be employed directly by Weir.
  • Social responsibility

    • Conserving and protecting the environment is a principle of high importance throughout the business of Weir Group PLC. We aim to minimise the impact of our operations and our products on the environment and to provide a safe and healthy workplace for all our employees.

    Community Relations

    • We recognise our influential role within the communities in which we operate and support organisations and operations which work to achieve human rights.
  • Employee responsibilities

    • We expect employees to maintain the highest standards in conformity with these principles. It shall be the responsibility of management to ensure that employees are aware of the expected standards and conduct themselves accordingly. Disciplinary measures shall be enforced against any Weir employee who is in breach of these human rights principles.
  • International references for our human rights policy

    • United Nations Universal Declaration of Human Rights
    • Conventions of the International Labour Organisation
    • United Nations Convention on the Rights of the Child
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