journey to ethics excellence - snc-lavalin/media/files/s/snc... · operational excellence ›...
TRANSCRIPT
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›Journey to ethics excellence› April 2018
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Our vision
We strive to be the premier engineering solutions partner, committed to delivering complex projects from vision to reality for a sustainable lifespan.
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Delivering sustainable projects
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Global company
~16,000 employees
~3,000 employees
~21,000 employees
Americas
Asia Pacific
Middle-East & Africa
~12,000 employees
Europe
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Comprehensive end-to-end service offering
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Construction & Project
Management
Operations & Maintenance
ProcurementDesign &Engineering
Digital & AICapital Sustaining Capital
Consulting& Advisory
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safely
and ethically
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Crisis
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Redefining SNC-Lavalin
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2013 - New Beginning› Change senior
leadership & culture› Develop new strategy
with focus on growth opportunity in resources
2014 – Expand Resources Capabilities› Kentz acquisition› Expand O&G capabilities› Grow O&G revenues from › $500M (2013) to $4B (2015)› Position SNC-Lavalin as a top
10 O&G player
2015 - Step Change and operational excellence› Adjust cost structure to the
resources market slowdown› Target $200M in G&A
savings & Deliver
2016-2018 - Focus› Atkins acquisition to expand
Services offering, regional breadth and Infrastructure and Nuclear expertise
› Deliver on operational excellence › Deliver a client-centric organization› Deliver a performance-driven culture
2020 - Vision› Reposition SNC-Lavalin on a
path of strong profitable growth› Balance portfolio across
sectors geography risk profile
Incr
ease
d fo
cus
on
Eth
ics
& C
ompl
ianc
e
2012 - Crisis› Documents are turned
to authorities› Investigations› Lawsuits› Allegations
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Redefining SNC-Lavalin – What we’ve done
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100New Management
% 100New Board
As of December 2017
%NEW
COMPANYCulture
Business Mix
Repositioned the company by divesting non-core businesses
Balanced the sector portfolio and derisked the business model
Creation of a Global organization
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Our values are the essence of our company’s identity. They represent how we act, speak and behave together, and how we engage with our clients and stakeholders.
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We do the right thing, no matter what, and are accountable for our actions.
We put safety at the heart of everything we do, to safeguard people, assets and the environment.
We redefine engineering by thinking boldly, proudly and differently.
We work together and embrace each other’s unique contribution to deliver amazing results for all.
Our values
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Neil BrucePresident and CEO
“This responsibility goes beyond the role-model function of senior management: our managers must exemplify ethical behavior and compliance with law and internal policies.”
“Our Ethics and Compliance programis a benchmark in the engineering and construction industry, and is an integral part of our daily work and decision-making process.”
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Strong ethics and compliance program
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Integral to our activities
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Integral to our activity
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› Tone from the top› Collective action› M&A due diligence› Support and advice› Personnel processes› Policies and procedures› Compliance risk assessment› Training and communication› Business partners due diligence
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› Effective control› Regular E&C audits› Compliance review› Ethics and compliance reporting line› Resources and skills for global investigations
Integral to our activity
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Integral to our activity
› Disciplinary Sanctions› Unbiased Consequences› Remediation of Systematic Deficiencies› Prevention of Recurrence
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Positive outcomes
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Commitment to ethical standards and integrity
100%Code of Ethics
and Business Conduct certification rate, 2018
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In conclusion
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“Ethics and compliance are fundamental to our business and our decision-making process. We go beyond ensuring that our people are aware of and understand our policies and procedures. Ethics and business success go hand in hand. Ultimately, integrity is all about doing the right thing.”
Dr. Hentie DirkerChief Compliance Officer
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Building what matters
snclavalin.com