GRI Compliance / Economic

Anti-corruption 2016

For Management Response click here.

For Reporting Boundaries and Methodologies click here.

REFEstadoDisclosureOur Response

GRI 205-01

Full Disclosure

Operations assessed for risks related to corruption

  1. Total number and percentage of operations assessed for risks related to corruption.
  2. Significant risks related to corruption identified through the risk assessment.

Anti-bribery and corruption risks are assessed and mitigated within our risk register process which is applied across the Group.

Our business units, Sectors and Group highlight their specific risks for this topic and comment on how they manage them and mitigate against them. All risks that are identified from the business units upwards are then reviewed on a quarterly basis by their management teams, then the Group risk function and the Group Executive Committee. On an annual basis Sector and Function heads issue Letters of Representation which includes compliance with policies and procedures connected to the Anti-bribery and corruption/Ethical risks.

No significant risks related to corruption were identified through the risk assessment.

More information on Group risk management and risk assurance can be found in the Annual Report on pages 84 to 95.

GRI 205-02

Partial Disclosure

Communication and training about anti-corruption policies and procedures

  1. Total number and percentage of governance body members that the organization’s anti-corruption policies and procedures have been communicated to, broken down by region.
  2. Total number and percentage of employees that the organization’s anti-corruption policies and procedures have been communicated to, broken down by employee category and region.
  3. Total number and percentage of business partners that the organization’s anti-corruption policies and procedures have been communicated to, broken down by type of business partner and region. Describe if the organization’s anti-corruption policies and procedures have been communicated to any other persons or organizations.
  4. Total number and percentage of governance body members that have received training on anti-corruption, broken down by region.
  5. Total number and percentage of employees that have received training on anti-corruption, broken down by employee category and region.

All employees must complete training, including training on anti-corruption policies and procedures, before they are given access to the Babcock network on joining the company, after which annual refresher training is compulsory. For employees of those operations not on our network we make sure that we identify the more at risk groups and train them accordingly on an annual basis.

Our Code of Conduct and details of our Whistleblowing lines, for reporting breaches of the Code of Conduct, are widely displayed across Babcock sites and on our intranet and website together with our Anti-Bribery and Corruption/Ethical Policy.

Compliance with our Code of Conduct/Supplier Code of Conduct is also compulsory for our business advisors and partners and suppliers.

More information can be found in our Annual Report on pages 77 to 78.

GRI 205-03

Partial Disclosure

Confirmed incidents of corruption and actions taken

  1. Total number and nature of confirmed incidents of corruption.
  2. Total number of confirmed incidents in which employees were dismissed or disciplined for corruption.
  3. Total number of confirmed incidents when contracts with business partners were terminated or not renewed due to violations related to corruption.
  4. Public legal cases regarding corruption brought against the organization or its employees during the reporting period and the outcomes of such cases.

There were no confirmed incidents of corruption in the period.