At Johnson & Johnson we believe in conducting our business with integrity. We are committed—from our Board of Directors and senior management to each of our approximately 134,000 employees around the world—to earning the trust of the people we serve. For us, this means complying with applicable legal, regulatory and industry code requirements, and upholding the highest standards in every aspect of our business and in every market where we operate. We continuously self-reflect and refine our transparency and disclosure practices based on wider societal context and stakeholder expectations.
In 1943, we adopted Our Credo, which guides how the Johnson & Johnson Family of Companies around the world conduct business. The third paragraph of Our Credo focuses on our community responsibilities as corporate citizens. We take these responsibilities very seriously, including paying our fair share of taxes, among them corporate income taxes, employment tax, social contributions, import and customs duties, and indirect taxes. Our commitment to these responsibilities is embodied in our Tax Policy Statement, which states that we ensure the tax results for all of our global entities are properly reported in accordance with applicable laws, rules and regulations.