Press release from Business Wire
Fluor Receives Corporate Leadership Award from Transparency International-USA
<p class='bwalignc'> <i><b>Recognized for its vigilance in promoting global ethics and transparency; battling corruption</b></i> </p>
Tuesday, April 23, 2013
Fluor Receives Corporate Leadership Award from Transparency International-USA07:38 EDT Tuesday, April 23, 2013
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.
Keith Stephens, 469-398-7624
Brian Mershon, 469-398-7621
Ken Lockwood, 469-398-7220
Jason Landkamer, 469-398-7222