SNC-Lavalin aims to restore tarnished reputation
September 30, 2013 by STAFF REPORT
SNC-Lavalin is ramping up efforts to eliminate shoddy business practices after several high profile corruption scandals landed the company and 114 of its affiliates amongst the World Bank’s top 250 blacklisted firms.
The Montreal-based company announced it is quickly making progress toward its goal of implementing a company-wide ethics and compliance framework.
In a media release, president and CEO of SNC-Lavalin Group Inc. Robert Card highlighted six initiatives launched in 2013 to “reassure stakeholders that our commitment to ethics and compliance excellence continues to be unwavering.”
- An anti-corruption manual for SNC-Lavalin’s 34,000 global employees.
- A new policy governing engagements with business partners.
- The appointment of compliance officers.
- Personal compliance training for all employees.
- Third party validation.
- An amnesty program launched between June 3 and Aug. 31.
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