Our governance strategy covers all aspects of our business.
It was designed to align with and reinforce our Code of Conduct and company values.
Data Security and Privacy
We are committed to ensuring data security and protecting your business.
Corporate Compliance
We have established internal policies, systems, and procedures to ensure good governance.
Risk Management
We have processes in place to help identify, effectively manage, and reduce risks.
Ethical Behavior
We are steadfast in our commitment to the principles of ethical business conduct.
Ensuring the security and privacy of your data and systems.
Protecting your data is the core of our business. We are committed to ensuring data security and to respecting the privacy rights of our customers.
While data security primarily concerns protecting digital data, cybersecurity includes computer systems, networks, and other digital assets. Both are important to ensure confidentiality, integrity, and availability — as well as prevent data breaches and cyberattacks.
Addressing business ethics, corruption, and corporate compliance.
Veritas is focused on embedding good corporate governance and ethical conduct within all aspects of our business. Ethics and compliance feature prominently in our internal policies, systems, and procedures — all of which align to our Code of Conduct and company values.
To guide decision-making and actions, we comply with laws and regulations governing our operations in the jurisdictions in which we operate. Where relevant and as far as possible, we maintain oversight of the laws and regulations that apply to our customers and supply chain. Although these regulations are constantly evolving, we understand that even those that do not apply to us directly can have indirect impact.
Practicing systematic and proactive risk management.
Identifying potential risks allows us to implement proactive measures to reduce the likelihood of them occurring and limit harm that might result if they do. We have processes in place to help identify, manage, and reduce risks. A key element of this process has been establishing cross-functional commitments to collaborate on identifying risks and developing creative solutions.
Prioritizing ethical competitive behavior.
Anti-competitive behavior, including corruption, is illegal, leads to higher customer prices, and limits incentives for technological advancement. We are steadfast in our commitment to the principles of ethical business and seek to win customers by providing market-leading technology at competitive prices.
We train our teams to identify warning signs associated with anti-competitive behavior and to take action to avoid any appearance of anti-competitive acts. Our Code of Conduct and compliance policies address these issues. Acts such as bid rigging, price collaboration with competitors, and dividing markets are all grounds for termination of employment.
Veritas has a zero-tolerance approach to anti-competitive behavior and corruption, and seeks to be the market leader in ethical and lawful conduct.
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Climate-Related Risks
We’ve conducted a climate risk and opportunity screening in response to the Task Force on Climate-Related Financial Disclosures (TCFD).
View the Report