MONTREAL, May 27, 2013 /CNW Telbec/ - SNC-Lavalin Group Inc. (TSX: SNC)
announces it is launching a company-wide Amnesty Program to encourage
current employees to report potential corruption and anti-competition
matters in which they may have direct or indirect knowledge. The
Amnesty Program is intended to assist SNC-Lavalin in its efforts to
fully gather and assess the facts associated with corporate ethics
matters in order to resolve them.
To be eligible for amnesty, an employee must file a request with
SNC-Lavalin's Chief Compliance Officer within the 90-day period between
June 3 and August 31, 2013. The Company guarantees that it will not
make claims for damages or unilaterally terminate employees who
voluntarily, truthfully and fully report violations of its Code of
Ethics and Business Conduct during this period. The offer does not
extend to executives in the Company's Office of the President or
Management Committee groups, or anyone who directly profited from an
To SNC-Lavalin's knowledge, this is the first time that a Canadian
company has initiated an amnesty program. Such programs are strongly
encouraged by the international ethics community in situations like the
one SNC-Lavalin is facing.
"Amnesty programs are known to be highly effective means of getting to
the bottom of ethics and compliance issues in large organizations,"
said Andreas Pohlmann, Chief Compliance Officer, SNC-Lavalin Group Inc.
"While the vast majority of SNC-Lavalin's employees will have nothing
to report, this offer of amnesty will allow us to uncover and quickly
deal with any remaining issues. Our goal is to turn the page on a
challenging chapter in the Company's history, so we can focus all of
our attention on creating value for our stakeholders."
SNC-Lavalin's commitment to ethical behaviour and the highest standards
in governance, compliance and accountability is unwavering. The Company
continues to improve and strengthen its processes across the
organization and at all levels. More information about how positive
change is being implemented at SNC-Lavalin is available at www.snclavalin.com/followus.
SNC-Lavalin is one of the leading engineering and construction groups in
the world and a major player in the ownership of infrastructure, and in
the provision of operations and maintenance services. Founded in 1911,
SNC-Lavalin has offices across Canada and in over 40 other countries
around the world, and is currently working in some 100 countries. http://www.snclavalin.com/
For further information:
Senior Vice-President, Global Corporate
SNC-Lavalin Group Inc.
514-390-8000, ext. 7354
Vice-President, Investor Relations
SNC-Lavalin Group Inc.
514-390-8000, ext. 7553