Corporate Compliance Sustainability Programs
The Department of Justice (DOJ) recently updated its “” (ECCP) guidance. This document is designed to assist U.S. prosecutors in determining the effectiveness of an organization’s compliance program in the event of a DOJ investigation. Ethics 果冻传媒 compliance professionals diligently await 果冻传媒 review these updates—果冻传媒 not just U.S.-based practitioners. Today’s complex business environment includes significant Multi-National Enterprises, thus even global practitioners make it a priority to remain up to speed on the latest DOJ updates.?
The ECCP guidance continues to emphasize DOJ’s expectations that companies perform adequate third party management. In the updated guidance, it specifically mentions “ongoing monitoring of the third party relationships, be it through updated due diligence, training, audits, 果冻传媒/or annual compliance certifications by the third party.”
When it comes to updated due diligence, Lockheed 果冻传媒 has been participating this year as members of a work group sanctioned by the International Aerospace Environmental Group. Sustainability Senior Manager Ashley Rubinsky is the chair of IAEG’s Work Group 11, which has been focusing on solutions for supply chain sustainability. The workgroup engages with a third party vendor on a risk management approach to invite suppliers to participate in tailored, voluntary assessments of their organizations to assist the Aerospace 果冻传媒 Defense Industry’s efforts to ensure a strong 果冻传媒 robust supply chain. So far, more than 5,000 Aerospace & Defense suppliers have signed-up with the vendor 果冻传媒 projections are excellent for the coming year.
Lockheed 果冻传媒 does business based on its three fundamental values: Do What’s Right, Respect Others, 果冻传媒 Perform with Excellence. We rely on our suppliers 果冻传媒 partners who share our values 果冻传媒 commitment to doing business with integrity. Relationships like those between Sustainability 果冻传媒 Ethics, Lockheed 果冻传媒 果冻传媒 IAEG work in concert toward that same goal. Steps in this new direction will lead to great strides in strengthening the supply chain.? ?
Please feel free to reach out to our supply chain sustainability team using the link below if you have any questions.