Leading the Way, Ethically and Responsibly
Through the years, Leggett & Platt has earned a reputation for honesty and integrity. In fact, doing the right thing is not just an everyday choice but rather a deeply rooted value and core tenet of our company culture. Our long history of high-quality earnings, financial transparency, and conservative accounting practices evidences fundamental values held throughout the company. These values are reflected in our policies and shape our practices as we strive to maintain the confidence and trust of our shareholders, customers, and employees.
Compliance is our policy. We comply with all laws and regulations that apply to the operations and activities of Leggett & Platt and our subsidiaries. Additionally, our employees are expected to comply with policies outlined in our Business Policies Manual and Anti-Corruption Policy.
Business Ethics, Integrity, and Fair Operating Practices
Companies are known by the reputation their employees earn. At Leggett & Platt, we've set a high standard for honesty, integrity, and ethical conduct.
We also instituted an Ethics Hotline Program for our employees worldwide, which generally allows for reporting of issues relating to accounting irregularities, internal accounting controls, bribery and corruption, antitrust and competition law infringement, environmental concerns, and workplace safety issues as well as other topics that may vary from country to country. We promptly investigate reported matters and take appropriate corrective action, if warranted.
The design, manufacture, and sale of safe products are matters Leggett & Platt takes very seriously. All products are designed, produced, and marketed to eliminate or minimize hazards that may cause injury. Many products are also subject to regulations, such as child safety, flammability, and other various regulations that require disclosures and appropriate record-keeping.
Supply Chain and Purchasing
In selecting suppliers, Leggett & Platt seeks to do business with reputable business partners that are committed to ethical standards and business practices compatible with ours. We have adopted a Supplier Code of Conduct that is applicable to all suppliers of goods and services to Leggett & Platt. In order to ensure alignment across the supply chain, Leggett & Platt expects its suppliers to adhere to this Code of Conduct and to our core business principles.