We are committed to good corporate governance

Telefónica’s wider corporate governance framework helps us to operate efficiently and ensure we comply with, or exceed, legal and regulatory requirements.

The Board of Telefónica Europe is ultimately responsible for making sure that all O2 companies comply with best practice, supported by a common system of internal controls and auditing.

Members of the Telefónica Europe Board are in charge of strategy and management with regard to our internal controls and our chief executive officer sits on that Board.

We aim to stay alert to any current or future risks, including social, environmental and ethical issues, and to minimise events or trends that could undermine our brand or reputation.

We have an ethical code, our Business Principles, to spell out the way everyone at Telefónica O2 UK should behave. We measure our employees’ conduct against our Business Principles and ask every employee to respect our values.