We believe the Code expresses the company's values.
Values shape our organizational culture, and in the long run, culture determines performance.
Values, culture, performance. In 1992 Pentair's directors established a public policy committee of the board to oversee company environmental, regulatory, and health and safety interests. The decision owed much to the rapidly changing nature of and context for corporate governance in America. Most immediate were environmental issues which are discussed below. As a Fortune 500 diversified industrial company, we became concerned that environmental and related public policy issues were becoming increasingly complex.