Responsible Business Practices
Responsible Business Practices
Responsible Business Practices

Strong Corporate Governance

Global Reporting Initiative
Governance structure
Consulting stakeholders on economic, environmental, and social topics
Chair of the highest governance body
Nominating and selecting the highest governance body
Role of highest governance body in setting purpose, values, and strategy
Review of economic, environmental, and social topics
Highest governance body’s role in sustainability reporting
Communicating critical concerns
Management Approach
Corporate Governance

High standards of governance are essential to sustaining the trust of investors and other stakeholders, and to managing our business for the long-term. Our Board of Directors oversees our business to ensure that our strategy is in line with Our Credo values, enabling us to make a positive contribution to society while maintaining a thriving business. Our governance structure, policies and processes are designed to serve the needs of our business, our shareholders and the other stakeholders defined in Our Credo, and to promote a culture of accountability across Johnson & Johnson.

We believe in transparency at every level. That includes our most senior leadership and Board of Directors. Interested parties can contact our Board of Directors at any time by sending communications to Johnson & Johnson, Office of the Corporate Secretary, One Johnson & Johnson Plaza, New Brunswick, NJ 08933, or via email to, or by using the online submission form on our Corporate Governance website. General comments to the Company (including complaints or questions about a product) should be sent via the Worldwide Corporate Governance e-mail address at

For more information about our governance structures and Board Charters, please see our 2019 Proxy Statement.

Corporate Governance at Johnson & Johnson

Enterprise Risk Framework

Our Enterprise Risk Management (ERM) Framework assists the Board and management teams in identifying potential business risks. In late 2018, we began working on an update of the Johnson & Johnson ERM Framework to align with the Committee of Sponsoring Organizations of the Treadway Commission’s 2017 ERM framework update, which highlights the importance of considering risk both in the strategy-setting process and in driving performance. We plan to publish the updated ERM in 2019.

For more information, please see our Enterprise Risk Management Framework.

Governance with “Common Sense”

In 2018, our CEO, together with 19 other CEOs of leading public companies, pension funds and investment firms, signed the Commonsense Corporate Governance Principles 2.0 (“Commonsense Principles 2.0”), committing to using these standards to inform the corporate governance practices within their own organizations. The Commonsense Principles 2.0 aspire to promote a constructive dialogue on good corporate governance to benefit the millions of Americans who work for and invest in America’s public companies, create economic growth, and sustain the health of America’s corporations and markets. They are an updated version of the Commonsense Principles successfully launched in 2016 to build momentum around the corporate governance conversation. 

Our Performance

Corporate Governance Indicators

  2018  2017   
Number of directors on the Board 11 10
Number of independent directors on the Board 10 9
Percentage of independent directors on the Board 91% 90%
Lead independent director Yes Yes
Independent Audit Committee Yes Yes
Independent Compensation & Benefits Committee Yes Yes
Independent Nominating & Corporate Governance Committee Yes Yes
Regulatory Compliance Committee Yes Yes
Independent Science, Technology & Sustainability Committee Yes Yes
Number of regular and special meetings held by the Board of Directors 9 9

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