Recordkeeping and Disclosure
We keep accurate records and accounts to help us operate effectively and provide timely and truthful information to those who rely on it.
Clarios is required to maintain and disclose accurate books and records, and proper recordkeeping is essential to efficient and profitable business operations. We all have a part to play in keeping records accurate and current; it helps us maintain the trust and confidence we’ve built with customers, investors and other stakeholders.
We maintain accurate records and accounts by:
QUESTION: I’m aware that our records management policies call for us to delete certain records after a designated amount of time. I’ve been keeping all my records on one particular matter because I know there were problems locating documents in the past. Is this a good idea?
ANSWER: No, you must adhere to our Records Retention Policies and schedules. These policies support the company’s legitimate destruction of obsolete records, and failure to follow them could expose the company to claims of selective destruction. Keeping records for too long can also overtax our storage systems and put sensitive or confidential information at risk of being accessed and misused. Furthermore, we may have a legal obligation to delete information that is no longer needed, like personal data or confidential information from a business partner. By retaining records according to our defined schedules, you strengthen our records management program and protect the company.