Our commitment to integrity, honesty and fairness is the bedrock of our culture. We have strong ethical standards and engage employees across the business to ensure they are committed to them. From the Board of Directors and senior management to every employee and our business partners, we strive to do well by doing the right thing.
Our Code of Conduct
Varian strives for the highest standards of corporate conduct, as set out in our Code of Conduct. Our Code of Conduct is for everyone and is available on our website in English and nine other languages. It guides us in our decision making and supports us to act ethically, responsibly and respectfully at all times.
- See our Code of Conduct
- See also Supplier Accountability below
Leadership and Governance
The Board of Directors is the highest governance body within Varian. It has overall responsibility for setting purpose, values and strategy; for risk management; and for economic, environmental and social performance. The governance structure and key accountabilities with regard to sustainability and corporate citizenship are also outlined below.
The Ethics and Compliance Committee of Varian assists the Board of Directors in monitoring the effectiveness of Varian’s programs, policies and practices relating to environmental and employee health and safety issues.
The Executive Compliance Committee (ECC) of Varian provides management oversight of environmental and employee health and safety issues and assists the Ethics and Compliance Committee of Varian’s Board of Directors in overseeing the company’s activities in these areas.
The organizational structure provides oversight and assists in driving Varian’s sustainability program; including climate change management.
The ECC is chartered by the Board of Directors and is comprised by members of Varian’s senior management, including the Chief Executive Officer and other senior leaders representing environmental affairs, finance, human resources, facilities, IT, investor relations, corporate communications, legal and business unit heads.
The ECC links to the Board through the Ethics and Compliance Committee.
The environmental team reports annually to the Board through the Ethics and Compliance Committee on environmental and employee health and safety issues.
See full information on Board composition and competencies, and other resources for investors
Board of Directors
- CEO Dow R. Wilson
Board Committees
- Compensation and Leadership Development Committee
- Ethics and Compliance Committee
- Nominating and Corporate Governance Committee
- Audit Committee
- Executive Committee
Compliance
Varian is in compliance with laws wherever we operate, and we grow our business while operating with integrity. Our Ethics and Compliance Committee oversees Varian’s compliance with legal and regulatory requirements, and we maintain effective and comprehensive corporate programs. These operate within a clear framework of policies and procedures, training and communications, continuous monitoring and testing, corrective actions and open lines of communication.
Learn about our Confidential Ethics and Financial Hotline
Risk Management
Like all companies, Varian is subject to various business risks and uncertainties as well as economic, political and other factors. All key risks are detailed in our Annual Report and Form 10-K, together with mitigation and controls that form part of our risk management program. Varian’s Enterprise Risk Management Program focuses on managing and mitigating business risks and uncertainties as they relate to strategy, operations, finance and legal issues.
Supplier Accountability
The Supplier Code of Conduct, in conjunction with our own Code of Conduct, outlines the requirements and expectations for suppliers representing Varian Medical Systems, Inc., and all its subsidiaries worldwide. It is available on our website in English and four other languages. Every Varian supplier is expected to uphold the legal and ethical standards of the Supplier Code of Conduct, and to act in full compliance with the laws, rules and regulations of the countries in which it operates.
See our Supplier Code of Conduct
Cybersecurity
To protect the privacy and safety of patient, customer and employee information in our care, data security is a top priority for Varian, for others in the healthcare sector and for all other responsible businesses.
Our Cybersecurity Strategy