Corporate Responsibility

DS Smith is committed to providing good sustainable returns for its investors while maintaining high standards of ethical and social behaviour in all its business dealings.

The Group's Key Corporate Values statement requires all employees at all times to:

• act ethically and with integrity;
• treat their colleagues fairly, equitably and with respect;
• work safely; and
• protect the environment

These values are underpinned by the Group's Health and Safety Policy, Environment Policy and policies on other relevant topics.

The Group has a workplace malpractice policy, under which employees may report in confidence concerns they have about any perceived wrongdoing within the Group on matters relating to safety, the environment, unethical business conduct or breaches of company policies, the law or other regulations. This policy is reinforced by a confidential Employee Concern Helpline and e-mail facility which is progressively being made available to our employees worldwide as legal and regulatory issues are resolved. Any concerns reported are appropriately investigated.

The Group's policies and performance on the key areas of corporate responsibility are described in the Corporate Responsibility Review in the Group's Annual Report.