​​Sustainability Governance​

Board of Directors

Eastman’s Board of Directors and the Board’s Committees oversee compliance with legal and regulatory requirements. They also oversee the development and management of policies and practices in their respective areas of responsibility — Audit; Compensation and Management Development; Finance; Health, Safety, Environmental and Security (HSES); and Nominating and Corporate Governance. Eastman’s Chief Sustainability Officer meets regularly with the HSES Committee. Chaired by Julie F. Holder, the HSES committee is comprised of the independent, nonemployee directors and oversees the company’s sustainability performance. The purpose of the HSES Committee is to review with management and, where appropriate, make recommendations to the Board regarding the Company’s policies and practices concerning health, safety, environmental, security, sustainability and political activities. Eastman’s Corporate Governance Guidelines and Committee Charters are available on the website. Additional information is available in Eastman’s 2018 Annual Meeting Proxy Statement. ​

Sustainability Council

Eastman’s Sustainability Council was established in 2010 to lead the development of an integrated sustainability strategy that informs the corporation’s innovation platform and influences Eastman’s business objectives. Comprised of senior leaders from across the corporation, the Sustainability Council drives alignment across the enterprise to address emerging opportunities for Eastman as the world undergoes continuous transformation.

Eastman’s three Sustainability Subcouncils continue to activate deeper integration of sustainability throughout the corporation, bringing established goals to life. They are dedicated to changing the trajectory through driving a sustainable portfolio, effectively managing all of our resources and enhancing social innovation.

The Sustainability Subcouncils proactively identify emerging issues, assess Eastman gaps, engage cross-functional teams and execute strategically where Eastman can make the most impact. The Council also provides governance and prioritization of corporate level sustainability issues and goals.

The Council is structured as one governing body with three subcouncil teams representing the three focus areas of the Council: Sustainable Portfolio, Design, Environment, and Natural Resources, and Social Innovation. The subcouncils are responsible for defining Eastman’s economic, environmental and societal goals, tracking progress against goals, and working with the Council to outline and execute the company’s sustainability strategy. Sustainability goals are a priority for Council members, evidenced by the inclusion of specific goals on personal performance commitments through the company’s performance management program.


Code of Conduct

At Eastman, we are dedicated to conducting all business activities in accordance with the highest legal and ethical standards while providing a safe, healthy and desirable place to work. We believe ethics are critical to success because they build trust and confidence for all of our stakeholders. We operate under Eastman’s Code of Business Conduct, which was established for employees to understand the company’s expectations and to raise awareness of legal and ethical issues that may arise. As the world around us changes, challenges that we face also change. As such, over the past year, we have worked diligently to update the Code to ensure we are complying with the most current regulations and standards. In August 2015, the new Code of Business Conduct was distributed to 100 percent of Eastman’s employees. We ensure annual training for each employee to certify his or her compliance with the Code.

Supplier Code of Conduct

Eastman understands the importance of ensuring the highest standards of sustainability, fair labor practices and safety along the value chain. We provide our Third Party Code of Conduct to our suppliers, which defines our expectations for conducting business with Eastman. We desire the same ethical behavior of our suppliers and hold them accountable by annual supplier surveys.

Eastman Advantage

In 2014, Eastman launched the Eastman Advantage, an internal guiding document that encapsulates the company’s core values, with honesty and integrity as the foundation. The Eastman Advantage replaced the company’s previous guiding document, the Eastman Team, reflecting the company’s status as a larger and more global specialty chemical company.

Eastman’s decisions and actions at the Board, management and individual employee levels are rooted in these brand beliefs and core values, including safety and wellness, customer focus, innovation, diversity and inclusion, and sustainability. Living by these principles enables the men and women of Eastman to consistently deliver value to our customers and stockholders while also ensuring a positive future for Eastman team members and a culture where integrity is of utmost importance. As the new name implies, we believe our culture is a key to our competitive advantage.

© 2019 Eastman Chemical Company or its subsidiaries. All rights reserved.
As used herein, ® denotes registered trademark status in the U.S. only.