Philips 2013 Annual Report Download - page 94

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6 Risk management 6.1 - 6.1
94 Annual Report 2013
Mandatory web-based GBP training, which is designed
to reinforce awareness of the need for compliance with
the GBP, is available in 23 languages. Every quarter, all
new employees are invited to take this training in their
local language. In 2013, targeted audiences
participated in a web-based training focusing on
specific topics, including anti-bribery, antitrust, privacy
and export controls.
In 2013, we introduced a mandatory sign-o on GBP for
all executives.
For further details, please refer to the General Business
Principles paragraph in chapter 13, Sustainability
statements, of this Annual Report.
Financial Code of Ethics
The Company recognizes that its businesses have
responsibilities within the communities in which they
operate. The Company has a Financial Code of Ethics
which applies to the CEO (the principal executive
officer) and CFO (the principal financial and principal
accounting officer), and to the heads of the Group
Control, Group Treasury, Group Fiscal and Group
Internal Audit departments of the Company. The
Company has published its Financial Code of Ethics
within the investor section of its website located at
www.philips.com. No changes have been made to the
Code of Ethics since its adoption and no waivers have
been granted therefrom to the officers mentioned
above in 2013.