Standards

Table of Contents


	INTRODUCTION TO THE STANDARDS OF GLOBAL BUSINESS PRACTICES	2

	What are the Standards of Global Business Practices?	2
	How do these Standards relate to the six Leader Behaviors we must exhibit in everything we do?	2
	Why are the Standards important to Schering-Plough’s success?	3
	Why do honest employees need the Standards?	3
	Who should follow the Standards?	3
	Where do the Standards apply?	4
	What laws apply to me?	4
	What are my individual responsibilities?	4
	What are management’s responsibilities?	5
	Can the policies summarized in the Standards be waived?	5


	THE STANDARDS – IN OUR WORKPLACE	8
	Equal Treatment	9
	Discrimination/Harassment-Free Work Environment	9
	Safety and Health	10
	Drug and Alcohol Abuse	10


	THE STANDARDS – IN THE MARKETPLACE	14
	Competition and Antitrust Laws	15
	Unfair Business Practices	16
	Bribery and Corruption	17
	Competitive Intelligence	18
	Gifts and Entertainment	19
	Marketing Integrity	20
	Privacy and Information Security	20
	Scientific Integrity	21
	Product Quality and Patient Safety	22
	Trade Issues	23


	THE STANDARDS – IN OUR BUSINESS	26
	Books and Record Keeping	27
	Company Computers and Software	28
	Confidential Information, Intellectual Property and Proprietary Information of Others	29
	Company Funds, Property, and Time	31
	Conflicts of Interest and Corporate Opportunities	32
	Trading on Inside Information	33
	Records Management	34


	THE STANDARDS – IN OUR COMMUNITIES AND IN THE PUBLIC	38

	Protecting the Environment	39
	Animal Welfare	39
	Media and Public Inquiries	40
	Political Activity and Lobbying	40
	Investigations	41


	RAISING CONCERNS AND SEEKING ADVICE	44
	What if I have questions about the Standards?	44
	When should I raise concerns? Whom should I contact?	44
	How does the Integrity Action Line work?	44
	Will my identity be kept confidential?	45
	How long will it take to get a response?	45
	What about disciplinary action?	46
	May I report a concern directly to the Board of Directors?	46
	What if I fear retaliation?	47