To live our values of respect, responsibility and integrity, and to create and maintain a corporate culture that is aligned with the personal values of ITT employees.
Principal Strategies
Move from awareness to understanding of the new ITT vision and values among all employees by embedding the ITT values in all company policies and procedures, including business reviews and the strategic planning process.
Recent Progress
Launched quarterly video-based ethics and compliance messaging in six languages.
Certified a compliance program with the U.S. Department of Commerce and European Commission Safe Harbor Privacy Principles.
Began the rollout of "Living Our Values" curriculum company-wide.
Launched supplier ombudsperson hotline for reporting potential issues.
Assigned senior-level responsibility for compliance risk areas and put rigorous risk assessments in place.
Added a human rights policy addressing human trafficking, working conditions, child and forced labor to the ITT Code of Corporate Conduct.
By actively promoting our multiple channels for employees to ask ethics and compliance questions and report concerns, use of these channels increased by over 400% from 2006-2007 to 2007-2008.
2009-2010 Priorities
Continue to strengthen ITT's culture of creating value by living our values by reinforcing the integration of ethics into daily behavior at all levels of the business, and by employing systems, processes and tools to ensure continued senior leadership and employee commitment.
Encourage employees to ask questions about ethics and compliance and to report ethics concerns, including potential violations of our standards, through communication of our ethics and compliance issue-handling policy.
Evaluate program effectiveness and maintain compliance with applicable laws and regulations throughout ITT.
Increase employee recognition for demonstrating behavior consistent with our values.
