"We take very seriously our responsibility to use our assets and activities to positively shape the world around us."
Legatum has made a firm commitment to act in the global marketplace in accordance with the following principles:
We believe that there are universal moral principles and laws which govern our existence. These immutable ethical laws form the basis of constructive and healthy interaction between people everywhere and transcend changing national, cultural, religious and political divisions. In order for an organisation to function effectively, remain healthy, and endure the tests of time, these laws must be understood and respected.
We have repeatedly declined profitable business opportunities because of concerns about the conduct and reputation of a prospective partner, or the detrimental impact on third parties, even if otherwise entirely legal. Our response to any situation must always be to choose the honest path of integrity, even if it is at the apparent expense of our own interests.
When we are entrusted with assets and responsibilities, we remain accountable for their care and productive use. In due course, we are accountable for and rewarded according to the quality of our stewardship. In the meantime, we believe that it is our responsibility to prosper those things placed in our custody to the best of our ability, leaving them better than when received.
Economic success is only the beginning. We take very seriously our responsibility to use our assets and activities to positively shape the world around us. Through our subsidiary Legatum Global Development, Legatum promotes widespread prosperity around the world through grass roots programmes and organisations that empower individuals and support local entrepreneurs in the communities in which they live.
