Omnicom believes that workplace diversity creates value for the company, enhances the quality of work we create for clients and is a cornerstone of our positive corporate culture. This commitment to diversity starts within the boardroom. Our board includes six women and four African Americans, including Leonard S. Coleman, Jr., our Lead Independent Director.
The board has made tremendous progress on its refreshment initiative, which has been underway since 2015. At our annual meeting in 2018, our former chairman and two directors stepped down from the board. From March 2016 to February 2018, the board appointed four new independent directors. Through our commitment, we have reduced our average board tenure by approximately 33% since 2015.
Omnicom’s success doesn’t just come from our talent, our creativity or the work we do. Our success also comes from the way we work and the way we interact with others – with a solid commitment to integrity. Our Code of Business Conduct, which was significantly enhanced in 2018, underscores our commitment to upholding the highest ethical standards. It spells out what we value, what we believe and the policies that Omnicom expects us all to uphold.
Our commitment to the highest ethical standards in the communities where we do business is outlined in our Human Rights Policy and Code of Business Conduct. Our Environmental Policy outlines our approach to minimize Omnicom’s environmental impact, and we’re also a signatory to the United Nation’s Global Compact, the world’s largest voluntary corporate sustainability initiative.