Complying With Local, State & National Laws
Johnson & Johnson is a large and diverse company, with thousands of daily transactions that must comply with hundreds of regulations around the world. We take compliance issues seriously, investigate each one, and revisit our operational controls.
Our Code of Business Conduct sets expectations that all employees will comply with all laws and regulations governing our company’s behavior. When this is not the case, information is reported up internally within the organization to senior management and, as appropriate, also shared with the Executive Committee, the Board of Directors and/or the external auditors.
Many breaches are subject to confidentiality, legal, privacy or other similar restrictions and, therefore, are not publicly disclosed.
However, this information is reported externally in our public filings if it meets the criteria for requiring public disclosure.
When public disclosure criteria are met, product liability claims and lawsuits that cover customer health and safety, labeling or marketing, as well as corrective actions and resulting fines and penalties, are outlined in our 10-Q and 10-K filings.