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Ethics and Business Conduct

The reputation of Weyerhaeuser Company is due in large part to our heritage and our employees. For more than 100 years, Weyerhaeuser has been known as a company that leads with integrity.

To ensure we conduct business honestly and with integrity, all employees are expected to understand and follow our code of ethics, participate in ethics training on a regular basis, and model and promote ethical behavior.

To report concerns or questions, anyone can call the company’s EthicsLine at 800-716-3488 or use Weyerhaeuser EthicsOnline. These tools are available in multiple languages, 24 hours a day, seven days a week.

CODE OF ETHICS

Our first code of ethics, Weyerhaeuser's Reputation, A Shared Responsibility, was issued in 1976. The code applies to all employees, officers of the company, and the board of directors. It is currently in its eighth edition translated into six languages to ensure all employees understand company expectations. We also make it available to customers, contractors, suppliers and the public.

The code of ethics explains the standards of conduct that employees are expected to follow, including:

  • Antitrust and competition laws
  • Company assets
  • Conflict of interest
  • Corporate opportunities
  • Employment expectations
  • Employment issue resolution process
  • Environmental responsibility
  • Full and fair disclosure
  • Gifts and entertainment
  • Government affairs
  • Government investigations, inspections and requests
  • Human rights
  • Inside information and insider trading laws
  • Intellectual property
  • International business conduct
  • Protection of employee information
  • Protection of third-party information
  • Safety and health
  • Suppliers, contractors and customers

We make regular improvements to our Ethics and Business Conduct program, including revisions of our code of ethics to address new issues or clarify company policies.

A certificate of compliance is sent to all salaried employees each year, including top management, to audit compliance with the code of ethics, company policy and the law. New employees are introduced to our code of ethics as part of our orientation process.

PREVENTING CORRUPTION AND BRIBERY

Weyerhaeuser is committed to obeying the law in all countries where we do business. We have adopted policies and standards for ethical conduct to ensure that we comply with the U.S. Foreign Corrupt Practices Act and similar anti-corruption laws in each country where we do business.

We regularly train employees using anti-bribery training modules. Our contracts and purchasing policies require agents, contractors, suppliers, service providers and joint-venture partners to comply with our Foreign Corrupt Practices Act policies and standards as well as all statutes and regulations regarding corruption and bribery.

ANTI-COMPETITIVE BEHAVIOR

All employees are expected to comply with our company’s core policy, as well as all U.S. and other country’s laws, regulating unlawful anti-competitive behavior. Employees receive regular training and materials as part of our antitrust compliance program and are responsible for being aware of the risk and costs of violating the laws and complying with our guidelines for behavior.

Any updated information about antitrust litigation against us would be described in the legal proceedings section of our annual Form 10-K and in the quarterly reports we file with the SEC.

Last updated June 20, 2012