WHY THE PARAMOUNT GLOBAL BUSINESS CONDUCT STATEMENT MATTERS
A Statement from The Office of the Co-CEOs
Team,
Thanks to your talent, hard work and creativity, we are unleashing the power of content and evolving Paramount for the future. To build on our momentum, it remains critically important for us to uphold a core set of practices that guide how we do business and that reflect our company values.
The Paramount Global Business Conduct Statement, or BCS, defines these common practices for everyone in our global organization. The BCS describes our shared expectations for appropriate conduct in the workplace and our individual ethical and legal responsibilities as Paramount employees. It emphasizes our commitment to fostering a culture of accountability and inclusivity and offers guidance to help us navigate difficult and sensitive situations at work. Consider the BCS our Paramount Code of Conduct.
Our entire community must adhere to these ethical standards, so please review the BCS and be mindful of our policies in your day-to-day activities. If you have questions or concerns, contact the Paramount Global Compliance team at GlobalCompliance@paramount.com.
Although the BCS is comprehensive, no code of conduct can cover every situation that may arise in our complex business environment. Should you become aware of a potential violation of our policies, we ask you to speak up and report your concerns to your manager, department head, HR Business Partner or any of Paramount’s Compliance Officers or lawyers.
If you would prefer to receive support from someone outside your location or team, please contact our reporting assistance helpline OPENLINE by calling 855-833-5027 or by visiting openline.paramount.com. Calls to OPENLINE can be made at any time and you may remain anonymous if you wish. Please note that any concerns you raise will be kept as confidential as possible and that we strongly prohibit any retaliation against those who do the right thing by speaking up.
I appreciate your partnership in this effort as we move forward together.
Best,
George, Chris, and Brian
APPLYING OUR BCS
What is the BCS?
Paramount’s Business Conduct Statement (BCS) is our Code of Conduct. It sets out standards which define what is expected of everyone working for, on behalf of, or otherwise affiliated with Paramount, both in terms of high ethical standards and compliance with all applicable laws. All employees are required to have read, be familiar with and certify willingness to comply with the BCS.
Who does the BCS apply to?
The standards and guidance discussed here, together with all associated policies, apply to all
- Employees
- Officers; and
- Directors of Paramount and its subsidiaries
Further, we expect all of our suppliers, independent contractors, agents, and others doing business with the Company, or acting on our behalf, to hold themselves to equally high standards. Paramount is firm in its resolve to do business only with those suppliers who share in its commitment to integrity. All of Paramount’s suppliers should be familiar with the BCS and Paramount’s Supplier Compliance Policy.
Nothing in this Statement should be construed to limit your rights or to prohibit or otherwise restrict your participation in any activity protected under the U.S. National Labor Relations Act.
What to do if you have questions?
If you have a question or need additional guidance about the topics discussed in this Statement, please consult:
- Your manager
- A Human Resources representative
- A Compliance Officer
If you serve on the Board of Directors, please consult Paramount’s Corporate Secretary or Chief Compliance Officer.
Additional Information:
The BCS acts as our global code of conduct, but no single guide can encapsulate all the issues and policies that apply at a global organization. In addition to the policies found in the BCS, there are a variety of important, context- specific, departmental policies on our intranet that employees should also note and reference. Additionally, Paramount and the policies of the BCS will always take local law into account.
FINDING KEY INFORMATION IN EACH SECTION
How is the BCS document organized?
- The first section explains why the BCS is important and the resources you need to use it. It focuses on our values, how to raise concerns, and general instructions on how to use this document.
- The second half provides guidance on specific policy areas. Each policy contains similar information and resources:
