CODE OF ETHICS
Safeguarding Company Assets and Resources
Assets Take Many Forms
You are expected to act as a good steward of all of LP’s assets and resources. Assets including tangible assets like equipment, furnishings, supplies, technology assets, such as hardware, software, and information systems, financial assets or funds, and information assets, such as confidential information.
Business Purpose
Company assets are to be used for business purposes. Improper use of Company assets occurs if employees carelessly or deliberately misuse Company property, information, or technology.
Technology Assets
LP’s computers, electronic equipment, and communications systems are vital assets that must be used in accordance with the information technology policies LP has established. You are expected to be aware of, understand, and comply with LP’s policies with respect to the use of networks, servers, software, e-mail, and voice mail. Safeguarding our IT systems will prevent unauthorized use and inadvertent disclosure of information.
Use of electronic and assets should likewise be limited to business purposes. LP’s systems and devices should not be modified without prior authorization. This means that, without authorization, you should not install or disable software, connect outside devices to Company computers or networks, leave devices unlocked and/or unattended, or share passwords or other authorization codes.
LP's electronic and communications systems are Company property, and you should have no expectation of privacy with respect to any message, file, data, document, social media post, or any other kind of information or communications transmitted to, received, or printed from, or stored or recorded on the Company’s electronic and communications systems.
Documents and Records
You are prohibited from ever knowingly or intentionally creating documents that contain false or misleading statements. Documents must be stored in secure locations and maintained in accordance with the Company' s records retention policy.
LP is committed to effective document maintenance and records retention to protect its history, ensure that records are available to meet the Company’s business and legal needs, efficiently manage the use of space, minimize the cost of records retention, and ensure that outdated and useless records are properly disposed of.
Documents relevant to actual or threatened litigation must be appropriately retained and preserved as directed by the Legal Department. A litigation hold is a mandatory directive issued by the Legal Department to preserve certain business records until the hold directive is lifted. Even though our retention schedule may call for destruction of a document, or group of documents, a legal hold means that certain documents must be preserved until the legal hold is lifted and expires. Should you have any questions related to legal hold notices, contact a member of the Legal Department.
Frequently Asked Questions
Do not install any software product, including software you may have purchased for personal use, on a company computer without approval from IT. They can help ensure that all license requirements are met and that the software is appropriate for use on the company computer.
No. Everything we do is based on honest and accurate measurements and reliable data. Practice integrity and honesty by acknowledging that you made a mistake. Mistakes can become particularly serious when employees attempt to cover them up.