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Corporate Governance Sustainability and Ethics Code of Conduct 2022

   

Added on  2022-09-15

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Running Head: IOOF 0
IOOF Holdings
Corporate Governance,
Sustainability, and
Ethics
Code of Conduct
Student Name:
Student University:
Corporate Governance Sustainability and Ethics Code of Conduct 2022_1

IOOF 1
Contents
IOOF Holdings...........................................................................................................................2
Code of Conduct: IOOF Holdings.............................................................................................2
Overview................................................................................................................................2
Scope......................................................................................................................................2
Regulatory Compliance..............................................................................................................3
Discrimination........................................................................................................................3
Exploitation............................................................................................................................4
Corruption..............................................................................................................................4
Dishonest and Fraudulent Behaviour.....................................................................................5
Whistle-blower Protections....................................................................................................5
Enforcement...........................................................................................................................6
Ethics Committee.......................................................................................................................6
Bibliography...............................................................................................................................7
Corporate Governance Sustainability and Ethics Code of Conduct 2022_2

IOOF 2
IOOF Holdings
IOOF society was established in 1846 under ASX top 200 companies with 500,000 customers
and 2,000 employees. It is a friendly society and charitable foundation with offices in
Sydney, Auckland, Melbourne, Adelaide and more. The foundation for over 170 years helps
Australians to secure their financial freedom and growing as a foremost provider of quality
financial assistance, products, and services. They focus on showing the best results for
customers with wide range of wealth management products and services to achieve the goal
(IOOF, 2019). The foundation believes to care about individuals, show constant performance
and be the outstanding service provider for its success. The objective is to raise funds from
contributing members to help to continue sickness experience. The partners of the foundation
are families, aged care, and youth and children; staff as well.
Code of Conduct: IOOF Holdings
Overview
The Code of IOOF is used to direct the company’s interactions with each other
professionally. It frames the expectations company have for their actions and behaviours. The
values they consider are understanding, commitment, trust and quality. This Code outlines
the standards and values they want to accept. Their advice-led strategy is based on day-to-day
roles of working where it is essential for community to follow this Code. This Code is a
policy made to live with values in the company which connects, provides support and
commits to working ethically with standard conduct. IOOF's main purpose is to understand
customers, look after them and secure their future. IOOF conducts its business ethically and
professionally under this Code where the actions are framed by the standards to achieve the
goals of the company by policies and values (IOOF, 2018).
Scope
In IOOF, the code is applied to all directors, employees, contractors, senior executives and
other members as well. The employees need to be aware of the applicability of this Code,
procedures, guidelines, policies and legal commitments. The applicability of this Code is on
the business activities of Australia and New Zealand under IOOF Policies. The understanding
of values and standards expected of conduct. This Code is to act in good faith, to pursue
support from members including Management, Governance Services team, or Human
Resource team as required; practice upright judgment and fulfilling with the spirit of the
Corporate Governance Sustainability and Ethics Code of Conduct 2022_3

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