Recognized for its vigilance in promoting global ethics and transparency; battling corruption
IRVING, Texas--(BUSINESS WIRE)--Fluor Corporation (NYSE: FLR) announced today that Transparency
International-USA (TI-USA) recognized the company with the
organization’s Corporate Leadership Award for Fluor’s global
anti-corruption initiatives and for its promotion of transparency and
accountability within business, government and civil society.
Fluor was formally recognized at TI-USA’s annual integrity event in
Washington, D.C., on Monday night. In addition to Fluor’s recognition,
Senator Richard Lugar was presented with the annual TI-USA Integrity
Award. Two previous recipients of the TI-USA Corporate Leadership Award
are General Electric and The Coca-Cola Company.
“Fluor has worked with Transparency International for a decade to help
increase awareness about corruption at a global level, and through
collective action, develop principles and initiatives that have been
embraced by the business community,” said David Seaton, Fluor
Corporation’s chairman and chief executive officer. “I am proud to say
that the high ideals and ethics that were established by the earliest
leaders of our company are upheld today by our 41,000-plus employees
around the globe who ensure integrity is the foundation of our
decision-making process.”
“Fluor’s leadership in shaping initiatives to strengthen honest business
and government practices are a model for all and not limited to the
private sector,” said Claudia Dumas, president and chief executive
officer of TI-USA. “Fluor has contributed to joint actions and
recommendations to reduce corruption in societies and economies around
the globe, including through the active participation of its most senior
executives. At the same time, Fluor has demonstrated transparent and
meaningful anti-corruption practices in its own operations worldwide.”
Notable factors considered by TI-USA in recognizing the company include
Fluor’s founding membership role in the World Economic Forum’s
Partnering Against Corruption Initiative (PACI) in which Fluor's CEO has
also served as chairman. Since 2010, Fluor has also been an active
participant in the G20/B20 initiative on improving transparency and
anti-corruption. And finally, in a 2012 study of defense companies by
Transparency International-UK, Fluor was the only company to earn an “A”
rating for its public information on systems and procedures to prevent
corruption. Fluor has also supported TI-USA through a decade-long
history of engagement.
TI-USA’s award is a signature part of the organization’s work to
strengthen integrity and combat corruption both in the U.S. and
internationally. The organization contributes to the development of
standards and tools, global initiatives and voluntary collective action
with major business organizations, labor, government and civil society.
At the same time, TI-USA promotes consistent, vigorous enforcement of
laws prohibiting foreign bribery and other corrupt practices to
incentivize compliance, increase transparency and enable prosecution.
About Fluor Corporation
For more than 100 years, Fluor Corporation (NYSE: FLR) has partnered
with its clients to design, build and maintain many of the world's most
challenging and complex capital projects. Through its global network of
offices on six continents, more than 41,000 employees provide
comprehensive capabilities and world-class expertise in the fields of
engineering, procurement, construction, commissioning, fabrication,
operations, maintenance and project management. Today, the company
serves a global client base in the energy, chemicals, government,
industrial, infrastructure, operations & maintenance, manufacturing &
life sciences, mining, power and transportation sectors. Headquartered
in Irving, Texas, Fluor ranks 124 on the FORTUNE 500 list and had
revenue of $27.6 billion in 2012. For more information, visit www.fluor.com.
Fluor CorporationMedia Relations:Keith Stephens, 469-398-7624orBrian Mershon, 469-398-7621orInvestor Relations:Ken Lockwood, 469-398-7220orJason Landkamer, 469-398-7222