Introduction

Corporate social responsibility (CSR) comprises:

  • the recognition by a business of how its activities affect its stakeholders including its shareholders, customers, suppliers and employees, the wider community and the environment; and
  • the regulation of those activities to ensure that, consistent with sustainable business and development, they have a positive impact on society.

At PZ Cussons, we are committed to conducting our business with integrity and with care insofar as the social and environmental impact of our activities is concerned. We aim to make a positive impact on society through the products which we produce and sell, through the way in which such products are manufactured and packaged and through the contributions which we make to the communities in which we operate.

We consider the principles of CSR to be integral to how the Group conducts its operations and key to the results which the Group has delivered in the past and to its continued success and development in the future. In particular, we believe that the principles of CSR are closely aligned with our own Group values and culture, as embodied in CANDO: Courage - Accountability - Networking - Drive - Oneness. Our policies and principles apply to every director, manager and employee in all our businesses across our global operations.

Our commitment to the principles of CSR reflects our view that it is incumbent on leading companies to make a positive contribution to society through their activities. We also believe, however, that socially responsible conduct is value enhancing for shareholders and other stakeholders. In particular, PZ Cussons recognises the potential benefits which may be derived where CSR activities are aligned to the concerns and demands of customers and we listen to and take account of those concerns in shaping our business strategies and practices. We also recognise that companies are subject to increasing regulation, particularly in respect of environmental issues, and that the pursuit of a proactive and positive CSR policy reduces the risk of adverse regulatory action.