We must comply with all the laws and regulations that affect our business. This includes industry-specific ones as well as general ones that apply broadly to business, employment, health and safety, the environment and the like. These vary by location, and we must comply with those in the localities of everywhere we operate. A violation of our Code or policies may also violate one of these laws, which can lead to legal actions, fines and even imprisonment.
Legal and Regulatory Compliance
What laws and regulations apply to Coty’s business?
What happens if Coty suspects that illegal conduct has occurred?
We will address any suspected illegal action promptly and investigate. This may result in reports to the appropriate authorities, as well as disciplinary actions, including termination of employment or service contract. We will take appropriate measures against those found responsible for any illegal actions and those who fail to provide oversight, supervision and control.
What should I do?
Know the Coty policies that apply to our roles. We should understand the policies that apply to our roles and have an awareness of the laws and regulations relevant to them. We should know enough about them to identify possible misconduct and to ask questions on how to comply with them.
Report suspected illegal conduct. We require every Coty representative (including employees or contractors) to report a violation of which they are aware through the appropriate channels immediately.
Cooperate with investigations and respect confidentiality. When an investigation takes place, we expect employees that are part of the process to fully cooperate by providing truthful and accurate information to the investigation team.
Q&A
A: Yes. You have a duty to report misconduct that you have reason to believe is occurring. Ignoring such behavior could be a violation on your part.
