Our Code of Conduct

Baker Hughes has a best-in-class global ethics and compliance program, which is designed to prevent, detect, and appropriately respond in a timely fashion to any potential violations of law, our Code of Conduct, and other Company policies and procedures. We believe that this commitment to integrity across the entire organization is fundamental to running a sound, successful, and sustainable business.

Compliance performance1
 
Metric
2021
% of employees who completed the annual Code of Conduct Training
92%
% of operations assessed for risks related to corruption
100%
% of governance body members who have received training on anti-corruption
90%

1 Governance body members at Baker Hughes include 123 senior executive band plus employees, which include the most senior- level managers and individual contributors, such as vice presidents and above. At the time of publication, 100% of governance body members have completed the Code of Conduct training.

 

Ensuring integrity and compliance is a foundational element of our culture and a business priority. We set high expectations outlined in our Code of Conduct which are reinforced through our leadership. Our annual Code of Conduct training was completed by 92% of our employees, including part-time employees, in 2021.

Our Code of Conduct includes commitments in the following areas:

  • Regulatory excellence
  • Anti-bribery, anti-corruption, and improper payments
  • Supplier relationships
  • International trade compliance
  • Anti-money-laundering
  • Working with governments
  • Competition law
  • Fair employment practices
  • Health, safety, and environment
  • Securing Baker Hughes globally
  • Intellectual property
  • Cybersecurity and privacy
  • Controllership
  • Conflicts of interest
  • Insider trading and stock tipping
Open reporting and consultation

Baker Hughes believes that a work environment in which all employees maintain the highest levels of integrity, conduct business in a professional manner, treat one another with dignity and respect, and strongly support open communication without repercussions creates a better place to work as well as a more productive company.

Employees have multiple ways to raise compliance concerns, and they are encouraged to report any ethics or compliance matters without fear of retaliation in multiple ways: a global network of trained employee ombudspersons; a dedicated website where employees can raise anonymous concerns; and a worldwide, 24-hour integrity helpline operated by a third party and available in 150 languages.

Report a concern at reportconcerns.bakerhughes.com, or by calling 1-800-288-8475 (US only) or 1-713-626-0521 (International) to anonymously speak with a third-party agent.

Anti-bribery and anti-corruption

Our Code of Conduct includes a summary of our Anti-Bribery and Corruption policy, which prohibits bribery and facilitating payments in all business dealings, in every country around the world, with governments, employees of state-owned companies, and the private sector, or anyone else whatsoever. We have internal controls and governing policies addressing compliance-sensitive activities, such as travel and expenses, charitable donations, and working with third-parties to prevent bribery and live training in high-risk countries. We conduct audits on our processes and procedures, including more than 300 one-on-one interviews with employees in high-risk countries, to prevent corruption. In addition to our Code of Conduct training that covers anticorruption, we host annual, specific Anti-Bribery training for employees based on their job function and responsibilities.