The committee is chaired by the Chief Ethics and Compliance Officer and submits reports on the state of Lilly’s ethics and compliance program to the Public Policy and Compliance Committee of the company Board of Directors multiple times per year.
Written Standards Lilly’s Code of Business Conduct, The Red Book, is the statement of principles that guide the company’s day to day operations. The Red Book outlines Lilly’s core values as well as the expectation and framework for ethical and compliant behavior by those who work for Lilly or on behalf of the company. The Red Book directs management and employees of the company globally to act in accordance with laws, other legal requirements, and applicable company policies. Lilly also provides for its employees more detailed policies, standards and procedures that establish expectations for ethical and compliant behavior. The Red Book includes references to company policies that apply globally, as well as examples to illustrate application of The Red Book …show more content…
Employees may submit reports through their management, or to human resources, a company attorney, the ethics and compliance department, the general auditor, or the chief ethics and compliance officer. Lilly has also established a hotline which is available to employees 24 hours a day, 7 days a week, through which potential violations of legal obligations and policies may be reported. Through this, anonymity and translation services are also available. Reports of this nature should be submitted by telephone to 1-800-815-2481 or on-line at Lilly Ethics Point. There are some local limitations that apply to reports submitted from outside the United States in order to comply with local laws. Lilly does not tolerate retaliation by any individual against another for good faith reports of potential violations of law, regulations, or company