Woolf Committee Report
Working Groups: Six Working Groups comprising senior managers and functional experts from BAE Systems have been established to support the implementation programme.
Covering specific areas such as the global code of conduct and leadership in business ethics, these Working Groups will, between them, address all the recommendations contained in the report. Group will focus on a specific area of activity as detailed below:
- 1. Future Contracting – Chair Andrew Davies
- WG 1 will assess the ethical and reputational risks involved with the selling of defence equipment and capability. This will include what equipment and capabilities we sell, where and to whom we sell it, how we will manage offset obligations and the terms under which we contract. The WG will make recommendations on all these issues and also on how we ensure there is appropriate openness about our contracting arrangements.
Close - 2. Anti-Corruption and Compliance – Chair Mark Serfozo
- WG 2 will assess and recommend changes to our policies, procedures and guidance that ensure avoidance of bribery and corruption. This work will include codifying and integrating the existing changes in Sales Adviser appointments and shall also recommend policies and procedures relating to facilitation payments together with gifts, hospitality & donations.
Close - 3. Board/Management Operations – Chair Phillip Bramwell
- WG 3 will review the principal corporate governance arrangements concerning the operation of the Board, the CR Committee, and internal and external audit arrangements. This WG shall recommend the role for a Head of Ethics & Business Conduct and the related structure to support the role. It will also recommend procedures to embed the explicit consideration of ethical and reputational risk in the Company's decision-making.
Close - 4. Leadership in Business Ethics – Chair Bob Murphy
- WG 4 will focus on the strategic aspiration & intention of the Company to be a leader in standards of ethical business conduct among global companies and the defence industry. It will also define the role and performance management (including remuneration) of BAES’ senior executives, development of an ethics and compliance training strategy, and the drive for transparency in reporting company activities to our stakeholders.
Close - 5. External Engagement – Chair Ralph Meoni
- WG 5 will recommend actions to support the company’s leadership in collective action by the defence industry on key matters of ethical and reputational risk. This will cover a wide range of external stakeholders including Government, NGOs, customers and competitors.
Close - 6. Code of Conduct – Chair Rory Fisher
- WG 6 will focus on the delivery and implementation of the global code of conduct which is currently being developed. This will communicate the required ethical standards and behaviours expected of all employees, consistent with the Company's aspiration and intention to be a leader among global companies in ethical business conduct.
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