The Company: Founded in 1911, SNC-Lavalin is a global fully integrated professional services and project management company and a major player in the ownership of infrastructure.
The Compliance Leader Verification: SNC-Lavalin was recently awarded the Compliance Leader Verification from Ethisphere Institute.
What it is:
The Compliance Leader Verification is awarded to companies that have demonstrated a commitment to and investment in a leading ethics and compliance program. The process involves a rigorous review of ethics and compliance program and corporate culture.
It also includes taking the Ethics Quotient® (EQ), a questionnaire covering the elements of an effective program; and benchmarking results to the data from the World’s Most Ethical Companies®. Ethisphere’s experts also conduct extensive document review and interviews with executives and stakeholders.
What it covers:
SNC-Lavalin’s performance was evaluated on six key areas:
- Program resources and structure
- Perceptions of ethical culture
- Written standards
- Training and communication
- Risk assessment, monitoring and auditing
- Enforcement, discipline and incentives.
Why it is important:
“Ethisphere’s recognition acknowledges the efforts we have made to build a strong ethics and compliance program,” said Neil Bruce, President and CEO of SNC-Lavalin. “It is by measuring our organization against leading companies that we will continue to improve our program elements, structure and processes. I want to thank all our employees for their commitment to fostering a culture of integrity.”
“We are happy to award the Compliance Leader Verification™ designation to SNC-Lavalin,” said Erica Salmon Byrne, Executive Vice President, Ethisphere. “The structure of the program is exemplary, adopting many leading practices that reflect the company’s genuine commitment to integrity in all of its actions. In addition, the visible leadership provided by Neil Bruce and Dr. Hentie Dirker at the helm reflects true adherence to doing business the right way, and communicates that message to SNC-Lavalin employees around the globe.”