Ethics
There is a special responsibility that comes from being in the business of providing information and serving the need for knowledge. Every day, millions of people throughout the world make use of McGraw-Hill's information products and services. As a result, our work has a major impact on a global scale.
Our Code of Business Ethics is the foundation of our business culture. The Code includes standards for conflicts of interest, improper payments, handling confidential information and objectivity of reporting and evaluation. We provide annual training to all of our employees in order to explain and reinforce our Code of Business Ethics. The Code is endorsed by a letter from the Chairman, President and CEO and continues to be a condition of employment and a prerequisite for merit salary increases.
We encourage employees to report ethical concerns to their line managers or utilize our anonymous employee hotline. We also operate FAIR (Fast and Impartial Resolution), a voluntary dispute resolution program administered by an independent firm that offers a neutral mediator and, if necessary, arbitration.
Maintaining high ethical standards in a fast changing knowledge economy is an ongoing effort. In 2011, we introduced a comprehensive global McGraw-Hill Anti-Corruption Policy.
Human Rights
McGraw-Hill’s Code of Business Ethics demonstrates our commitment to human rights in the workplace including, but not limited to, a safe and healthy work environment, zero tolerance of harassment, a workplace free of discrimination and courteous and considerate treatment from the company. It is a clear measure of how highly we value these principles that signing the Code and attending annual training on the Code continues to be a condition of employment. In 2011, nearly 8,000 hours were spent training employees on the Code.
Additionally, we support human rights in our supply chain, including the right to minimum wage and non-discrimination in the workplace, and we prohibit the usage of forced and child labor. We are also committed to providing opportunities for diverse supplier groups and expanding the number of firms that are minority- and women-owned.
