Code of Business Conduct
VIII. Accountability for Adherence to the Code
Each of us is responsible for our decision-making and for adherence to the Principles set forth in this Code.
Abbott will promptly investigate all alleged violations and potential violations of this Code, or of any related Abbott standard, policy or procedure. Any allegations will be treated confidentially, to the extent consistent with Abbott's interests and its legal obligations.
The Office of Ethics and Compliance will direct all such internal investigations. No person covered by this Code may conduct his or her own investigation.
We are all expected to cooperate in the investigation of an alleged violation of the Code.
If Abbott determines that corrective action is necessary to fix a problem and avoid the likelihood of its recurrence, Abbott will promptly decide what steps to take, including legal proceedings when appropriate.
To the extent legally permissible under applicable law, appropriate disciplinary action will be taken, in relation to this Code or any related Abbott standard, policy or procedure, for:
- Authorization of or participation in violations
- Failure to report a violation or potential violation
- Refusal to cooperate in the investigation of an alleged violation
- Failure by a violator's supervisor(s) to detect and report a violation, if such failure reflects inadequate supervision or lack of oversight
- Retaliation against an individual for good faith reporting of a violation or potential violation
Disciplinary action may, when appropriate, include dismissal.
All officers and employees must certify, in writing or electronically, that they have received, read, understood, and shall abide by this Code.
Ethics & Compliance Helpline