FTSE4Good
21.
Implementation of the Code of Whistle Blowing uses
the same methodology (transposition and approval)
as the Code of Business Conduct to ensure it is
implemented in a uniform manner. In some instances,
legal requirements presented an obstacle to
uniformity. In some countries, legal requirements
were even more stringent than our own policies, in
others, such as France, the whistle-blowing procedure
cannot be as elaborate as we would like it to be due
to legal constraints.
It is too early to comment objectively on the
effectiveness of the procedure, as the roll-out only
started during 2005. At a central level, the Integrity
Committee received two reports during 2005. One
case, which involved the alleged protection of an
employee caught embezzling a small amount of
money by a management team member, was
investigated then dismissed. A second report filed
towards the end of the year was still pending at the
close of 2005.
The FTSE4Good Index
The FTSE4Good Index Series has been
designed to measure the performance of
companies that meet globally recognised
corporate responsibility standards.
The management and the evolution of the
FTSE4Good Index Series is placed under
the direction of the FTSE4Good Policy
Committee, an independent body of
experts from the fields of corporate
responsibility, fund management, academia
and the business community. The
FTSE4Good Policy Committee's role is to:
act as an independent judge of the
ability of constituent companies to meet
the FTSE4Good Index Series criteria;
oversee the consultation process
undertaken to develop criteria;
approve criteria revisions or new
criteria.
Source: www.ftse.com
Heineken N.V. - 2004/2005 Sustainability Report