CSC is committed to maintaining the highest standards of corporate governance, which we know are essential for our sustained success and long-term stockholder value. In this year's CR Report, we outline the progress we have made with respect to ethics, values, and a culture of integrity. Highlights from the year include:
- Board approved separation of the offices of Chairman and CEO
- A reaffirmation of CSC's core corporate values. The CLEAR values--which stand for Client Focused, Leadership, Execution Excellence, Aspiration and Results--represent the things that matter most to CSC and unite us as one in service to clients the world over
- Board approved and chartered Ethics and Compliance Office whose mission is to promote throughout the global CSC community a culture of performance with integrity that encourages ethical conduct, reinforces the CLEAR corporate values, and drives compliance with the Code of Business Conduct, internal policies, and the law
- A set of new Responsible Supply Chain practices that include a public statement on our responsibilities in ethical sourcing and supply chain management
"The decision to charter our Ethics and Compliance Office directly and independently to the Board is a progressive one that employees, clients, and shareholders should celebrate,” said Chris DePippo, CSC’s Chief Ethics and Compliance Officer. “In reaffirming their long-standing commitment to values and a strong culture of integrity, CSC's directors and management have given me and my team the authority and independence required to be as effective as possible."
CSC is a global leader in providing technology-enabled business solutions and services. Headquartered in Falls Church, Va., CSC has approximately 95,000 employees and reported revenue of $15.7 billion for the 12 months ended September 28, 2012. For more information, visit the company's website at www.csc.com.
KEYWORDS: governance, CR, Corporate Responsibility, CSC, csr