HUL’s ‘Corporate Governance Code,’ which is a statement of practices and procedures to be followed by the Company, has been adopted by the Board of Directors.

The Corporate Governance Code lays down, amongst others, the principles governing Board Structure, Board Processes, Board Committees, Board Induction & Training, Board Evaluation, Financial Reporting & Risk Management, Shareholder Interface & Grievance Redressal and Corporate Social Responsibility Policy which are the guiding force for the Company to maintain highest governance standards.

The Related Party Transactions Policy is intended to ensure that proper reporting, approval and disclosure processes are in place for all transactions between the Company and Related Parties. The Policy deals with the review and approval of Material Related Party Transactions keeping in mind the potential or actual conflicts of interest that may arise because of entering into these transactions.

The Whistle Blower Policy is a device to help responsible and vigilant individuals to promptly and directly bring any unethical behaviour, suspected fraud, abrasion or irregularity in the Company practices to the attention of the Management, without any fear or threat of being victimised.

Our responsible business fundamentals underpin everything we do and they are integral to maintaining trust. We expect everyone at Hindustan Unilever to be an ambassador of our high ethical standards – what we call ‘Business Integrity’.

We want to create an environment where employees not only live our values of integrity, respect, responsibility and pioneering in their work but also be alert in identifying potential concerns and are confident about speaking up in such situations.