Corporate Social Responsibility/ Sustainability Done Responsibly: Identify > Measure > Manage > Change
Case study: How Saab ensures zero tolerance for corruption
Like many other companies that do business in large parts of the world, Saab, as a global defence and security company that develops, manufactures and sells some of the world’s most advanced military and civilian solutions, sometimes comes across attitudes that are inconsistent with its ethical values.
Saab strives to be a reliable long-term partner that promotes an open and transparent market. Thus, zero tolerance for corruption is a priority issue. After measuring and setting targets, Saab took action to implement rules and
processes to prevent corruption and handle gifts and hospitality, conduct a corruption risk analysis in connection with each deal, apply a special process for hiring marketing consultants and other partners in the selling process, ensure all employees at Saab receive anti-corruption training, create a new whistleblowing system, actively participate in international collaborations to prevent corruption in the industry and, also, continuously improve anti-corruption work through established and extensive organisation.
Using the GRI Standards in order to maintain and increase the value of your company
With each publication in this series the FBRH team will highlight one key impact identified by a company reporting in accordance with the GRI Standards and show how it has taken a structured, systematic approach to improving performance. With such positive action companies build trust, by dealing responsibly and conscientiously with their impact on the environment and on their stakeholders (e.g. clients, suppliers, shareholders, local communities, NGOs or local government). Stakeholders that can hold it back or stop it from reaching its objectives
By building trust your company creates loyalty and long-term commitment to its services and brands