Effective Corporate Governance
Celgene Corporation is proactive in ensuring that its policies and practices support strong corporate governance, transparency and accountability. The culture at Celgene is built on integrity, ethics, sound decision-making and behaviors that reflect our values and commitment to patients.
Our highly engaged and independent Board of Directors takes corporate governance seriously, helping us anticipate and incorporate leading best practices into our business model.
Board of Directors
Corporate Governance Principles
Celgene’s Corporate Governance Principles provide the framework for the governance of the Company and assist the Board of Directors in exercising its responsibilities. These principles reflect the Board’s commitment to monitoring the effectiveness of policy and decision-making both at the Board and management level, with a view to maximizing stockholder value over the long term.
Code of Business Conduct and Ethics
Celgene was founded on the principles of honesty, integrity and accountability. These important concepts have provided the framework for our Corporate Vision, Mission and Values and form the foundation of our Code of Business Conduct and Ethics.
Financial Officer Code of Ethics
Celgene’s chief executive officer, chief financial officer and all members of the Finance Department abide by our Financial Officer Code of Ethics.
Compliance and Ethics
Celgene’s Compliance and Ethics Program is designed to educate and foster an atmosphere where open communication of ethics and compliance inquiries is encouraged, and to provide all employees with a reasonable understanding of how to identify and report potential violations.
Celgene’s Code of Business Conduct and Ethics outlines the key risk areas and the principles that guide our employees’ actions.
The Compliance and Ethics Hotline is available to both employees and non-employees to report any conduct or action that may appear inconsistent with Celgene policies or applicable law.
Political Activities & Contributions
We believe that public policy engagement is an important and appropriate role for companies in open societies when conducted in a legally compliant and transparent manner. In the U.S. there are important federal and state lobbying registration and disclosure laws with which Celgene complies.
In addition, with respect to political activity in the U.S., Celgene policy prohibits use of corporate resources on political activity except with respect to the Celgene Corporation Political Action Committee (Celgene PAC) established in 2012 and corporate political contributions where permitted by law.
The Celgene PAC Board makes decisions on any political contributions made by the Celgene PAC or by the company. These contributions are reported to the Federal Election Commission and to state election commissions as and to the extent required by law. In addition, to ensure transparency, information about all political contributions in the U.S. by the Celgene PAC or the company will be provided in a semiannual report posted on the company website, categorized by state, candidate and amount.
Click here for 2012 Political Contributions Report including all political contributions by Celgene PAC and the company made in the U.S. in 2012.