Bread Financial is committed to operating our business responsibly based on the highest standards of ethics and integrity. This commitment starts with comprehensive corporate governance structures, processes, and policies designed to promote transparency for our stakeholders and strengthen Board and management accountability.
Corporate governance
We have a solid track record of sound corporate governance, with rigorously stress-tested processes, controls and comprehensive policies. Corporate governance at Bread Financial is designed to promote the diverse priorities and interests of all our stakeholders, strengthen Board and management accountability and foster responsible decision-making.
Our Board of Directors is responsible for oversight of the business, including the company’s long-term business strategy to promote the diverse priorities and interests of all of our stakeholders. This oversight role includes a focus on responsible decision-making, including risk management, leadership development and succession planning, external reporting, compliance, data management, and data security. The Board also oversees our ESG strategy and programs, including initiatives to promote sustainability, diversity, equity and inclusion (DE&I), and stakeholder engagement.
Ethics & Integrity
Integrity, ethical decision-making and compliance with all applicable laws and regulations governing our business drive our global growth and long-term success. We are focused on earning the trust of our stakeholders by protecting our reputation as a responsible and compliance-centric organization.
Our comprehensive Code of Ethics outlines the values and principles we agree to embody, maintain and protect, and provides guidance to help us consistently make sound decisions and perform our duties ethically and responsibly. Every decision we make — and each of our daily actions — reflects our values, beliefs and behaviors. Individually and collectively, we are focused on driving business performance and protecting our reputation as a responsible and compliance-centric organization.
We also maintain supplementary codes of ethics for our Board of Directors and senior financial officers, which address additional standards and guidance applicable to their roles.
The Board’s Nominating & Corporate Governance Committee is responsible for monitoring compliance with and enforcement of the provisions of the Code of Ethics.