SCOPE OF OUR CODE
AT NEOM, WE ARE CREATING A NEW VISION OF WHAT THE FUTURE COULD BE.
This new future will depend on various factors coming together to make it a reality:
- OUR VALUES: The basic principles, beliefs, and priorities that underpin our decision-making
- OUR PEOPLE: The colleagues and teams working every day to bring our ambitions to life
- OUR WORLD: The communities, societies, and natural environments that need our protection and care
- OUR TECHNOLOGY: The driving force enabling us to achieve our goals in new, creative, and sustainable ways
- OUR RESPONSBILE BUSINESS PRACTICES: The areas of good judgment and integrity required to ensure that we not only succeed in what we deliver, but also that our success is measured by the fact it is achieved in the right way
The following Code of Conduct (‘the Code’) will set out NEOM’s commitments in each of these areas, and the behaviors we expect from each of you to help us uphold them.
Throughout this Code, we will use words like ‘we,’ ‘us’ and ‘our’ to refer to NEOM as a company. When you see words like ‘you’ and ‘your,’ we are addressing you as NEOM representatives directly. We will use question and answer (Q&A) boxes, throughout the document, as a way of showing you some of the real-life scenarios in which our Code of Conduct should be applied.
All NEOM representatives are required to understand our commitments and follow our expectations as set out in this Code.
We also have additional documents in place for specific NEOM representatives. Additional expectations for board members are set out in our Governance Manual; and additional expectations for suppliers, as well as anyone doing business with NEOM, are set out in our Suppliers Code of Conduct. Our subsidiaries, whether directly or indirectly owned, are also bound by the Subsidiary Governance Policy, which places additional responsibilities on our subsidiaries to enable the whole group to meet our conduct standards.
Failing to meet these expectations could result in investigation and disciplinary measures in line with our associated procedures. Any exception to the standards and expectations set out in this Code must be presented to the Compliance Department and approved by the Board.
