Defence
GoodCorporation has undertaken work both in the defence sector and for companies supplying into the defence sector. The pressures on these companies are very precise and GoodCorporation has developed a number of industry-specific assessments tailored to the needs of its defence sector clients.
This work includes bespoke assessments and bribery and corruption prevention. Many of the pressures in the defence sector are making it essential for firms to undertake careful due diligence of agents and intermediaries as well as ethics training.
GoodCorporation worked with BAE to develop a methodology for internal audits which incorporates a review of ethical business conduct by taking additional account of behavioural and cultural issues and integrating them into the group’s internal audit programme. GoodCorporation worked alongside BAE’s Internal Audit team to enlarge the scope of the audits to identify relevant stakeholders, ethical business conduct issues and to include stakeholder interviewing and feedback.
Once the audit methodology had been developed and agreed, we worked together with BAE’s internal audit department to embed the new methodology in a range of different group audits.
Our clients in this sector have included: BAE Systems, Airbus, QinetiQ
GoodCorporation has a thorough understanding of how to measure Ethical Business Conduct and to build this into the audit process. Analysing Ethical Business Conduct and Non-financial Risk is a challenge for many businesses and we are very pleased that we have been able to take such a leading position through our work with GoodCorporation.
Grenville Hodge, Group Audit Director, BAE Systems.
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