24 Mar 2017 | 4:02 PM | CR $72.38  -0.960  volume 320,702
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ethics

VALUES IN ACTION

Crane has one of the world’s oldest company ethics-based statements of principles. Those 150-year-old values provide the foundation on which we operate today. Crane requires all employees—regardless of position, location, or duties—to be fair in their dealings with customers, suppliers, co-workers and even competitors. Crane Values are part of every one of our business dealings. This dedication to fair dealings has been our tradition and remains our firm commitment.  

 

The people of Crane are expected to conduct themselves with honesty and integrity in all facets of their business lives. Our CEO is not only our Chief Executive Officer but, informally, our Chief Ethics Officer, and he sets the tone at the top for doing the right thing, the first time, and every time. Performance evaluations of our people include an assessment of ethical behavior and commitment to Crane’s values.

 

Crane sustains its values through training in its Code of Ethics and in many specific operational areas, including export controls, anti-corruption, and workplace harassment. These are not just one-time sessions, but are refreshed and repeated regularly to complement our ethics education with compliance and responsibility training. We require that our managers provide regular reports and certifications that they understand and acknowledge their obligations to comply with both the spirit and letter of our Code and immediately report any issues that arise.

 

Employees are encouraged to report actions and behaviors contrary to Crane Values, anonymously if desired. We maintain a hotline (details below) as well as an email address for reporting issues at any time. Anyone can also contact our Human Resources department, any attorney in our Law Department, a senior executive of Crane Co., or the Audit Committee of the Board of Directors to raise any issue or express a concern about ethics or compliance issues.

 

Ethics Reporting Hotline

U.S. toll free: +1 888 310 9567

Other locations:  +1 770 613 6318

email:   ethics@craneco.com