Fostering a Culture of Ethics and Integrity
CAE places a high priority on ethics and integrity in all aspects of its operations. The company is dedicated to ensuring compliance with solid ethical standards by instilling and applying an ethics and integrity mindset to all actions and decisions. This commitment is further emphasized by conducting business with world-class processes to meet and surpass data privacy and export control standards. CAE also manages its supply chain in accordance with the highest ethics and sustainability standards.
Robust Compliance Measures
In response to the global risks of bribery and corruption, CAE has implemented a series of significant measures to address these challenges and enhance its compliance program. Guided by a comprehensive Anti-Corruption Policy, the company conducts ongoing compliance reviews to reinforce governance, risk management, and internal controls. Regular risk assessments and audits in critical areas help maintain oversight on practices, with the Compliance Office closely collaborating with the internal audit team for these activities.
Third-Party Risk Management
To mitigate corruption risks associated with third parties, CAE has established stringent measures. The company conducts risk-based due diligence before engaging with high-risk third parties, tailoring the level of scrutiny based on several risk factors. Formal agreements with third parties include provisions to mitigate corruption risks, with all high-risk partners required to sign annual anti-corruption certificates. Agreements are continually reviewed, amended, and renewed in line with CAE policies to ensure ongoing compliance.
Integrity at every Level
CAE has taken proactive steps to instill integrity throughout the organization. By enhancing its Code of Business Conduct and integrating CSR priorities, the company ensures that employees are well-equipped to address major ethics risks. Extensive training programs on ethics are conducted for all employees, emphasizing the importance of upholding ethical standards. Additionally, CAE employs an anonymous reporting system, EthicsPoint, to encourage reporting of any potential misconduct.
Responsible Supply Chain Management
CAE demonstrates its commitment to upholding human rights and ethical procurement practices by integrating responsible sourcing measures into its operations. The company includes clauses in procurement documents to address compliance with laws, ethical conduct, and various social and environmental issues. Social and environmental factors are considered alongside financial aspects in supplier selection, reflecting CAE's holistic approach to procurement decisions. By aligning with the UN Global Compact and developing specific policies, CAE reinforces its dedication to ethical business practices.
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