MONTREAL, March 20, 2019 /CNW Telbec/ - SNC-Lavalin (TSX: SNC) is pleased to announce that it has earned the prestigious Compliance Leader Verification from the Ethisphere Institute, an independent centre for research, best practices and thought leadership. The Compliance Leader Verification is awarded exclusively to companies with the best industry ethics and compliance program that are proactively investing resources in compliance, sending a clear signal that an organization takes compliance and ethics seriously. This certification is valid until the end of 2020.
"Ethisphere's recognition acknowledges the efforts we have made to build a strong ethics and compliance program," said Neil Bruce, President and CEO, SNC-Lavalin. "It is by measuring ourself 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."
Ethisphere completed a thorough assessment of SNC-Lavalin's Integrity Program and benchmarked it against its 2018 World's Most Ethical Companies data set, providing insight into the programs and practices of leading companies around the world. SNC-Lavalin's performance was specifically evaluated on six main areas: program resources and structure, perceptions of ethical culture, written standards, training and communication, risk assessment, monitoring and auditing, enforcement, discipline and incentives.
"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."
"We see this recognition as an endorsement of our efforts to build a culture where all employees understand the "why" behind our company's approach to ethics and compliance," added Dr. Hentie Dirker, Chief Integrity Officer, SNC-Lavalin. "While we take great pride in receiving this certification, we will continue to seek opportunities for growth and improvement."
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. From offices around the world, SNC-Lavalin's employees are proud to build what matters. Our teams provide comprehensive end-to-end project solutions – including capital investment, consulting, design, engineering, construction, sustaining capital and operations and maintenance – to clients across oil and gas, mining and metallurgy, infrastructure, clean power, nuclear and EDPM (engineering design and project management). On July 3, 2017, SNC-Lavalin acquired Atkins, one of the world's most respected design, engineering and project management consultancies, which has been integrated into our sectors. www.snclavalin.com
For further information: Media, Daniela Pizzuto, Director, External Communications, 514-393-8000, ext. 54772, [email protected]; Investors, Denis Jasmin, Vice President, Investor Relations, 514-393-8000, ext. 57553, [email protected]