Sustainable Business

At Williams Racing, we have a higher purpose that extends far beyond the track. We wish to educate and inspire our global audience to push the boundaries of technology and innovation by becoming a catalyst for change, as well as extending our commitment to sustainability on and off the racetrack. For over four decades of elite competition, our responsibilities have continued to evolve and expand. This is evident in innovative technologies we originally developed for racing cars that now support solutions to environmental challenges. Our future-oriented team continuously demonstrates what can be accomplished in a truly diverse organisation. We take complete responsibility for all aspects within our ongoing sustainability strategy and the way it is communicated externally.

Williams Racing is committed to responsible business practices and believes that acting responsibly and with integrity is vital to the success of its business.

The following are a selection of Williams Racing’s internal policies which set out the standards of behaviour expected of William Racing’s staff and all others acting for or on behalf of Williams Racing, in whichever areas of the business they operate:

• Ethics Policy
• Anti-Bribery and Anti-Corruption Policy
• Anti-Slavery and Human Trafficking Policy
• Health and Safety Policy and Statement
• Equality Policy
• Whistleblowing Policy
• Privacy Policy
• Environmental Policy Statement

These policies ensure that Williams Racing’s core values are applied in every aspect of its daily business operation.

The principles which govern Williams Racing’s policies detailed above include:

• Raising Concerns: Williams Racing encourages an open culture in which people feel comfortable raising questions and concerns. If any Williams Racing staff member has concerns about suspected wrongdoing at work, this should be raised, and the Whistleblowing Policy provides information about how to do so;
• Health and Safety: Williams Racing aims to achieve a working environment which is free from work-related accidents and ill health in accordance with its Health and Safety Policy and Statement;

• Environment: Williams Racing is committed to reducing its environmental impact and continually improving its environmental performance as an integral and fundamental part of its business strategy and operating methods. This is achieved in accordance with its Environmental Policy Statement.
• Equality, Diversity and Inclusion: Williams Racing is committed to equality and welcoming diversity in the workforce, as well as ensuring that those values are reflected in its day to day activities and working practices. All Williams Racing staff have a duty to promote and maintain a working environment which is free from any kind of discrimination, bullying or harassment and for ensuring that all Williams Racing’s staff, customers, partners and others with whom it deals are treated with respect and fairness in accordance with these principles
• Anti-Slavery: Williams Racing is committed to implementing and enforcing effective systems and controls to ensure that modern slavery is not taking place in its own business or supply chains;
• Bribery and Corruption: No member of Williams Racing’s staff may engage in any form of activity that would breach Williams Racing’s Anti-Bribery and Anti-Corruption Policy or the FIA Code of Ethics (the last of which can be found at www.fia.com/ethics-committee);
• Charitable Donations: Williams Racing believes in supporting charitable causes and contributes extensively to Williams Racing’s official charity partner, the Spinal Injuries Association. Williams Racing also contributes to other charitable causes on an ad hoc basis;
• Data Protection: Williams Racing ensures that the personal data of individuals is protected in accordance with applicable data protection laws and it requires its staff to do the same. Williams Racing also requires that each member of its staff involved in processing personal data does so in accordance with such laws and Williams Racing’s applicable policies.

If a breach of these policies is suspected, it will be investigated fully in accordance with Williams Racing’s policies and procedures concerning discipline. Such action may result in the termination of employment, including summary dismissal, or the termination of services.

Confidential reporting or clarifications of these principles and related policies can be made to: Sustainability@WilliamsF1.com