At BlueScope we aim to act fairly, ethically and with integrity, helping to create lasting benefits for our customers, people, shareholders and community. We expect this of our people and business partners, including our third party and agent representatives, suppliers and contractors.
The following foundational documents assist our people and business partners working with us to make ethical, well-judged decisions consistent with our values and expectations of business conduct:
BlueScope is an active member of various industry associations, which allows it to be better informed about public policy that has the potential to affect the Company, to share knowledge about policy, and contribute its views and experience.
BlueScope paid approximately $1.35 million in membership fees to a wide range of industry associations in Australia in FY2019. The key memberships include the following six associations: the Australian Steel Institute (ASI); the Australian Industry Group (AiGroup); the Business Council of Australia (BCA); Manufacturing Australia (MA); Energy Users’ Association of Australia (EUAA); and the Australian Industry Greenhouse Network (AIGN).
Of these, the largest individual membership fee payment was to the Australian Steel Institute – the principal body representing the domestic steel supply chain, including steel manufacturers, processors, fabricators and allied professionals. The ASI plays a leading role in developing product and technical standards for steel, professional development, and industry advocacy to support the Australian steel industry’s future growth.
The average membership fee paid to the other five associations was approximately $60,000.
BlueScope does not endorse any political party, politician or candidate for public office. Political contributions may be made for the purpose of attending a briefing, or to have a dialogue with political figures to advance public debate of policy issues that may affect BlueScope. This includes payment to attend events organised or hosted by a political party or an organisation associated with a political party, and payment for membership to an organisation associated with a political party.
A payment of cash or in kind for no consideration, or a gift to a political party or political candidate, is prohibited.
Any payment which might be considered a political contribution must be approved by Corporate Affairs, recorded in BlueScope’s accounts and, if required by law, disclosed to the Australian Electoral Commission and relevant State or Territory bodies.
All political contributions are reported annually to the Board Risk & Sustainability Committee.
We encourage our employees and other stakeholders to speak up if they become aware of or reasonably suspect that something is not right at BlueScope. Our people and external parties should refer to the following guidance to report business misconduct:
Other key policies
These policies also reflect our commitment to ethical business practices: