Aerospace and Defence Industries Association of Europe (ASD) Common Industry Standards
Aerospace and Defence Industries Association of Europe (ASD) Common Industry Standards
Mission
Develop common anti-corruption standards to be applied across Europe in the aerospace and defence industry
Goals
This initiative provides principles and guidelines to its members to help in the prevention of corruption in day-to-day business. The goal of this initiative is to develop common anti-corruption standards to be applied across Europe in the aerospace and defence industry. These standards are a set of business ethics requirements that assist European companies in implementing integrity programmes.
Stakeholders
The initiative is led by the Aerospace and Defence Industries Association of Europe (ASD).
Activities
Five years before the UK instigated the Bribery Act, the Common Industry Standards, anticipated the concept of 'Adequate Procedures' prevention measures stated by the UK Guidance. In addition to The Common Industry Standards a dedicated ‘toolkit' is available to fulfil SME needs. Over 400 companies signed these standards in 2007. European national associations have promoted these guidelines to their local companies. The standards are regularly updated to meet new regulations or requirements.
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Start Year
Status
- activeThe initiative or project is currently being worked on.
Countries Operations
Countries Host
Scope
- internationalInitiative that operates in two or more countries and the countries can be specified.
Stakeholders
- Private sectorPrivately owned commercial (for-profit) entities of all sizes, including SMEs
- Civil societynon-governmental organisations (national or international), foundations funded by private entities, faith-based organisations, Professional associations, Industry associations, Chambers of Commerce, Local Global Compact Networks
Type
- Standard-setting initiativeCodes of conduct, Industry/country anti-corruption policies/compliance standards, Self-assessments tools and mechanisms/methodologies, Implementation tools
Linked resources
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