An exemplary enterprise
Safran counts on shared values and ethics linking all employees. We ensure that our business is conducted in compliance with the highest standards of honesty, integrity and professionalism. All of our actions have to fully merit the trust placed in us by our customers, employees, shareholders, suppliers and partners. Safran has staked out a position at the forefront of the fight against corruption, by participating in a number of international initiatives.
Safran counts on shared values and ethics linking all employees. We ensure that our business is conducted in compliance with the highest standards of honesty, integrity and professionalism. All of our actions have to fully merit the trust placed in us by our customers, employees, shareholders, suppliers and partners. Safran has staked out a position at the forefront of the fight against corruption, by participating in a number of international initiatives.
169
169 persons oversee trade compliance and ethical conduct
1st
First company in the CAC 40 stock market index to earn the "anti-corruption" label from ADIT
16,000
16,000 employees trained in the fight against corruption since 2010
*2018 figures
Each decision and each associated action is based on Safran's requirements and not on the personal interests of its employees. However, if an employee should find themselves, or could find themselves in a real, potential or perceived situation of conflict of interest, the employee should immediately inform their immediate superior to make sure that there is no negative impact on Safran's image.
Safran does not authorize offering and/or accepting gifts and invitations if the objective pursued is to obtain a favor or to influence a business decision or an official action. The fact of offering or accepting gifts must be recorded in order to guarantee traceability, and there must be a validation process depending on its value.
Safran prohibits its employees from making facilitation payments – payments used to facilitate or accelerate the completion of routine administrative formalities or procedures which are normally to be performed by civil servants – except in the case of an extortion attempt that could imperil the life of an employee. To ensure transparency, any request for a facilitation payment must be reported to one's line manager or the Trade Compliance Officer.
Safran deploys a rigorous procedure for the selection and validation of the trade partners that Group companies will be working with. This procedure implies both internal and external verification and also follows a predefined validation process (line manager, Trade Compliance Officer, International Development) that determines any commitment by Safran to a trade partner.
Safran pledges to ensure that its lobbying activities are conducted in compliance with all applicable regulations and laws, and in line with the principles of its Responsible Lobbying Charter. For any and all lobbying actions, Safran's employees and, if applicable, external service providers, must act openly and with integrity.
Safran requires that its suppliers and subcontractors be very demanding concerning their compliance with anti-corruption laws and regulations in the countries where they are present or where they provide services. From this viewpoint, the Responsible Purchasing Charter presents the Group's ethics approach in supplier relationships. An ethics clause is included in the purchasing contracts that Safran signs with its suppliers, as well as in Safran general terms and conditions for purchases.
Donations from Group companies are subject to approval by Corporate Communications and the Trade Compliance Officer of each company and, when the sum exceeds 10,000 €, by the Group's Philanthropy Committee.
- Sponsorship and philanthropy corresponds to a financial or material support that is provided without any vested interest.
- All philanthropic actions may only be accorded to organizations that operate in the education, social or cultural fields.
- There is no corresponding trade advantage
- Charitable operations must be carried out openly and must be documented.
- Implementation of a dedicated organization
- Preparation by each company of an internal control program
- Training and information
- Identification of requirements by authorizing exports
- Management of requests for export authorization
- Implementation of export authorizations
- Monitoring and auditing of control program
- Technology transfer controls (data and software)
- Handling of non-compliances with applicable regulations
- Preparation by each company of an internal control program
- Training and information
- Identification of requirements by authorizing exports
- Management of requests for export authorization
- Implementation of export authorizations
- Monitoring and auditing of control program
- Technology transfer controls (data and software)
- Handling of non-compliances with applicable regulations
- Trade Compliance and Export Control department*,
- "Empowered Officials", members of the management committee named in all Safran legal entities with import and/or export activities;
- Export Control Officers (ECO), named in each company.
*Defines the general policy and checks the application of Group requirements in each company; represents Safran in dealings with government authorities and the professionals concerned; chairs the Group Export Compliance Committee.
- "Empowered Officials", members of the management committee named in all Safran legal entities with import and/or export activities;
- Export Control Officers (ECO), named in each company.
*Defines the general policy and checks the application of Group requirements in each company; represents Safran in dealings with government authorities and the professionals concerned; chairs the Group Export Compliance Committee.
Certification guidelines cover five main areas of the fight against corruption:
The corporate anti-corruption culture
Assessment of the risk of corruption
Integrated controls and control procedures
Monitoring of anti-corruption methods and actions
Training in anti-corruption and internal/external communications
Discover Safran's
other commitments
other commitments
