applying business integrity
TRANSCRIPT
www.jacobs.com | worldwide
Applying Business Integrity
15th November 2016
Presented by John Howarth, Executive Director, Jacobs Engineering LLC
Important
The material in this presentation has been prepared by Jacobs®.
Copyright and other intellectual property rights in this presentation
vest exclusively with Jacobs. Apart from any use permitted under
applicable copyright legislation, no part of this work may in any form or
by any means (electronic, graphic, mechanical, photocopying, recording
or otherwise) be reproduced, copied, stored in a retrieval system or
transmitted without prior written permission.
Jacobs is a trademark of Jacobs Engineering Group Inc.
Jacobs Engineering Group Inc. All rights reserved.
Disclaimer
November 16, 2016
© Copyright
Petro & Chem 28%
Aero & Tech 25%
Industrial 26%
Build & Infr 21%
Our Market
3
Jacobs Engineering LLC
Established in 1947, Jacobs is one of the world’s largest and most diverse providers of full-spectrum technical, professional and construction services for industrial, commercial and government organizations globally. The company employs over 50,000 people and operates in more than 30 countries around the world. Jacobs and it’s employees are committed to delivering there services in an ethical and transparent manner to secure the best outcome for their clients
• The construction and engineering sector faces the greatest challenges of corruption in both the developed and developing countries.
• Corruption has a very real human cost.
• It damages economies, projects and careers.
• It inhibits investment.
• Corruption is a complex problem and there is no single or simple method to prevent it but laws are certainly not enough.
• Corrupt decisions are unsafe decisions
4
Integrity in Context
• The construction and engineering sector faces the greatest challenges of corruption in both the developed and developing countries.
• Corruption has a very real human cost.
• It damages economies, projects and careers.
• It inhibits investment.
• Corruption is a complex problem and there is no single or simple method to prevent it but laws are certainly not enough
5
Integrity in Context
6
Integrity in Context Continued
• Chartered or certified professionals take an oath to practice their profession with the highest ethical and professional standards. We at Jacobs, also commit to following the highest standards of professional behaviour through our code of conduct.
• We work for governments, project owners, financiers, and contractors. We are invested in the planning, design, tendering and execution of practically all significant projects.
• Corruption can be materially reduced if professionals and their companies work together to bring about change through collective action.
• Set very clear expectations
• Robust internal governance and assurance
• Strong internal control processes
• Clear and frequent internal messaging
• Consistency of approach to market
• In depth and detailed due diligence on potential partners (suppliers, vendors, consultants and contractors)
• Zero tolerance
7
What does good look like?
• We conduct business in an ethical, open and transparent manner
• Doing business in a consistent manner per documented and quality controlled procedures
• Ensuring our partners – subcontractors, suppliers and consultants exhibit the same behaviours
• Demonstration through performance
8
What does good look like (cont’d)?
• Our aim is to always provide an open and fair playing field for all.
• Formal communication protocols during the bidding process.
• Any attempts to influence the decision making process will be red flagged and the entity involved sanctioned.
• Collectively as an industry we can stamp out unethical behaviour by banding together and presenting a united front.
9
Applying Business Integrity
10
Business integrity in the Supply Chain is not easy
Client
Prime
Contractor
Sub-contractor
Fabricator
Constructor
EASY TO
CONTROL?
11
Business integrity in the Supply Chain is not easy
Client
Prime
Contractor
Sub-contractor
Fabricator
Constructor
Paint shop
Welder Transport
Design validation
3D modelling
Geotech surveys
QA / QC
Customs
Permitting