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38 SAAB ANNUAL REPORT 2011
SAAB’S RESPONSIBILITIES > BUSINESS ETHICS
A CODE OF CONDUCT WITH
CLEARLY DEFINED RULES
We have a code of conduct with guidelines that define
how we are expected to act with each other as col-
leagues, in contacts with our customers and in our com-
munities. We have a zero tolerance policy with regard to
violations of any kind.
Goal
Saab will be a trustworthy and reliable partner that promotes an
open and transparent market.
We are committed to acting ethically in everything we do on the
basis of current laws, our values and code of conduct, and indus-
try codes of conduct. We have developed our code based on the
OECD’s guidelines for multinationals and the UN Global Compact.
In 2011, we introduced an updated version of our code of conduct.
Industry cooperation to fight corruption
rough the Aerospace and Defence Industry Association (ASD),
the European defence industry has draed Common Industry
Standards to ght corruption. Saab participated actively in this
work and has implemented the requirements and procedures in its
own operations. e basic rules then served as the starting point for
a more extensive cooperation between European and U.S. defence
contractors as part of the International Forum on Business Ethical
Conduct (IFBEC), which in 2011 arrived at its nal form. IFBEC’s
mission is to develop and in various ways promote ethical standards
within the global aerospace and defence sector. Saab is a member of
IFBEC and participates in its Task Force. rough this international
collaboration, the industry has clearly expressed its commitment to
ghting every form of corruption through the use of best practices
and uniform rules.
Business ethics at every level
In a global society, companies fill an important function by creating
sustainable growth and doing business ethically. Trust and transpar-
ency are critical to future success. During the year, Saab updated and
enhanced its code of conduct. All employees have been provided in-
formation on the new code and are expected to familiarise themselves
with its contents and follow its guidelines.
Focus on business ethics throughout the sales organisation
In autumn 2011, around 150 people received training on our new code
of conduct and Saab’s zero tolerance of bribes. In addition, they were
all taught that responsible officials are required to conduct a corruption
risk assessment in connection with every business deal.
Saab will continue this exten-
sive training within the mar-
keting and sales organisation
in 2012. All 500 employees
will attend the programme.
Everyone who completes it
signs a document as proof
that they have received train-
ing in Saab’s business ethics.
Marketing consultants and other cooperations
The use of marketing consultants and other advisers is normal in a
complex market. At Saab all such cooperations are analysed and
evaluated centrally. Specific rules of procedure must be followed, and
every decision must be preceded by a thorough analysis.