MONTREAL, May 11, 2022
/CNW Telbec/ - SNC-Lavalin (TSX: SNC), a fully integrated
professional services and project management company with offices
around the world, announces the signing of an administrative
agreement with Public Services and Procurement Canada (PSPC). This
agreement allows the Company to continue to do business with the
Government of Canada in accordance
with its Integrity Regime originally adopted on July 3, 2015.
"SNC-Lavalin employees in Canada know better than anyone the path we
have taken in recent years to implement a world-class integrity
program. We have done our homework and extensively transformed the
company in terms of governance, operations and culture, while
continuing to draw on relevant best practices", said Ian L. Edwards, President and CEO, SNC-Lavalin
Group Inc. "We are focused on providing innovative solutions to
address the world's most pressing challenges while remaining an
important contributor to the Canadian economy."
On September 23, 2021, the Quebec
Crown Prosecutor's Office (DPCP) invited SNC-Lavalin to negotiate a
remediation agreement (the "Remediation Agreement") following
charges against SNC-Lavalin Inc. and SNC-Lavalin International Inc.
under the Criminal Code of Canada
for offences that occurred between 1997 and 2004 in connection with
the Jacques Cartier Bridge Refurbishment project, a $128 million contract, of which SNC-Lavalin was a
50 percent consortium partner. In light of these charges and
following an assessment of information provided by the company,
PSPC invited SNC-Lavalin to negotiate an administrative
agreement.
Prevent, detect and respond to any risk of
wrongdoing
For almost 10 years now, SNC-Lavalin has been
implementing extensive changes in terms of governance, operations
and culture, while continuing to draw on relevant best
practices.
Governance: an effective, transparent, and independent integrity
program
- Members of the Integrity function report to the Chief ESG and
Integrity Officer, who in turn reports to the Board of Directors
(Governance, Ethics and Sustainability Committee) and
operationally, to the General Counsel;
- The Integrity function is composed of 40 full-time staff and
140 ambassadors in operations worldwide;
- SNC-Lavalin's Integrity program is aligned with the principles
of international organizations such as Transparency International,
Organisation for Economic Co-operation and Development, United
Nations Global Compact, World Bank and the U.S. Department of
Justice's Resource Guide to the U.S. Foreign Corrupt Practices
Act.
Operations: an integrity program that fosters and enables
ethical decision-making
- Access, for all employees and third parties, to an independent,
confidential, and anonymous reporting line operated by an external
service provider. This service is available by telephone, access to
the vendor's web page, or an app available on corporate mobile
phones (for SNC-Lavalin employees);
- A due diligence system is in place for all business
partners;
- Annual training on the Company's Code of Conduct is required
for every employee;
- Requirement for managers to take specific training to ensure
understanding of the program and their responsibilities.
Culture: a culture of integrity that promotes communication and
ownership
- Establishing the duty to report for all employees and
prohibiting direct or indirect retaliation;
- Embedding an ethical behaviour component in annual employee
performance assessments.
About SNC-Lavalin
Founded in 1911,
SNC-Lavalin is a fully integrated professional services and project
management company with offices around the world dedicated to
engineering a better future for our planet and its people. We
create sustainable solutions that connect people, data and
technology to design, deliver and operate the most complex
projects. We deploy global capabilities locally to our clients and
deliver unique end-to-end services across the whole life cycle of
an asset including consulting, advisory & environmental
services, intelligent networks & cybersecurity, design &
engineering, procurement, project & construction management,
operations & maintenance, decommissioning and capital. We
deliver to clients in key strategic sectors such as Engineering
Services, Nuclear, Operations & Maintenance and
Capital. You can find relevant news and information
at snclavalin.com or follow us
on LinkedIn and Twitter.
SOURCE SNC-Lavalin