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Business Ethics

Keyera is committed to conducting business ethically, legally, and with integrity and honesty.  Our reputation is founded on the relationships we have built with our stakeholders, including suppliers, customers, shareholders, competitors, regulators, and the public. We are committed to treating people fairly, respecting diversity, accepting accountability and communicating openly.

We build value for Keyera by meeting high standards of professional conduct, and when challenges arise, we act in a way that is consistent with our core values in an effort to resolve issues in a respectful manner.

Directors, officers, employees, contractors and consultants are expected not only to comply with all applicable laws and regulations, but also to avoid situations where their personal interests could conflict or appear to conflict with their duties and responsibilities to Keyera and its affiliates.   

The Board of Directors has adopted a Code of Business Conduct which applies to all directors, officers, employees and contractors of Keyera. Oversight of the Code and associated policies lies with the Board’s Compensation and Governance Committee. In support of the Code, Keyera has approved business conduct policies covering various matters, including but not limited to: 

  • ethics;
  • disclosure;
  • insider trading;
  • conflicts of interest;
  • anti-bribery and facilitation payments;
  • political contributions; and
  • lobbying.
These policies are intended to reinforce our commitment to operating with integrity and in accordance with applicable laws. They describe our values, principles and standards that guide our decision making. Detailed definitions and guidance can be found in the full internal policies and Keyera has adopted a number of specific procedures and guidelines to facilitate compliance with the Code and policies. Where local laws impose a lower standard than Keyera’s policies, we comply with Keyera’s higher standards.

A review of these policies is part of every new hire orientation. Directors, officers, employees and contingent workers are expected to review and agree to these policies and we conduct an annual re-certification. Our Code is also shared with all of our suppliers.  


In addition, the Board of Directors has established a whistleblower hotline to provide a forum for employees, officers, contractors, consultants, suppliers and other interested stakeholders  who have reason to believe that something may have been done illegally or contrary to Keyera policy, to report these concerns to a neutral third party on a confidential basis for investigation. The hotline is independently operated by the forensic accounting and investigative services practice of Grant Thornton LLP. Quarterly reports from the whistleblower hotline are provided to Keyera’s Audit Committee.