We remain committed to our founders' core values of quality,
service and fair dealing. And while business conditions can change,
our commitment to high ethical standards remain constant.
That commitment allows us to secure the trust of our shareholders,
employees and other interested parties by managing our business
responsibly. This means identifying and managing risks as well as
Our board of directors and senior management are accountable for
ensuring good corporate governance. Kimberly-Clark's board of
directors has 12 independent members, in accordance with the New
York Stock Exchange listing standards. Our Chairman and CEO is the
only board member not considered independent. Our Audit, Nominating
and Corporate Governance, and Management Development and
Compensation Committees consist entirely of independent board
members. Our Code of Conduct and corporate policies inform
employees that we expect consistent, ethical behavior and
compliance with applicable laws. The Code of Conduct and corporate
policies apply worldwide.
Our sustainability governance structure ensures a coordinated
approach to implement sustainability initiatives among our
enterprise, business units and country operations.
Initiatives include issues relating to the environment, energy,
occupational health and safety, as well as product quality.
Our Sustainability Strategy Team identifies and shares best
practices across the company. Such a comprehensive approach helps
our sustainability principles permeate our business, from
facilities management to product design.
We also have a team dedicated to Environmentally Sustainable
Technologies, which partners with our businesses and suppliers to
develop sustainable products, technologies and materials. Their
work includes research into the use of biodegradable, renewable and
recycled polymers in our products.