THE CODE OF CONDUCT, SHARED VALUES AND PRINCIPLES

Joining Total means adhering to a frame of reference and rules of behavior common to all employees. These values and principles are set out in our Code of Conduct.

Introduced in 2000, the Code of conduct is a common reference document for all employees. Our ethical commitment is based on three core values:

  • Respect, the source of sustainable, trust-based operations and relations;
  • Responsibility toward others and in our jobs;
  • Exemplary behavior, which underpins the internal and external credibility of our actions and initiatives.

Business Principles

These values give rise to a number of principles that must guide our conduct:

  • Respect for people.
  • Concern with health, safety and environmental protection.
  • Fighting corruption and fraud.
  • Upholding human rights.
  • Respect for free competition.
  • Promotion of financial transparency.

These corporate values and principles are inspired by internationally recognized documents:

  • The principles of the Universal Declaration of Human Rights.
  • The key conventions of the International Labour Organization.
  • The OECD Guidelines for Multinational Enterprises.
  • The principles of the United Nations Global Compact.

Rules of Individual Behavior

Total’s harmonious development depends in large measure on the trust between the Group and its employees and among the employees themselves. Creating and nurturing this trust entails the observance of certain rules of behavior in the following areas:

  • Health, safety and the environment.
  • Professional relationships.
  • Information technology and communication resources.
  • Customer and supplier relations.
  • Confidentiality and intellectual and industrial property.
  • Conflicts of interest.
  • Insider trading.
  • Political activity.

Ethics Committee

Set up in 2001, the Ethics Committee, reports directly to the Chairman and Chief Executive Officer. It is responsible for establishing conditions to help employees embrace the Code of Conduct and for making sure it is properly applied.

The Committee implements and coordinates an ethics process to verify that employees are familiar with the Code of Conduct and understand its principles. It also provides Total employees with any assistance they may need, in complete confidentiality, to deal with ethical issues or problems with the practical application of the Code of Conduct they may encounter in their work.

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