Good Governance | Black & Veatch
Corporate Sustainability

Good Governance

As a values-based and employee-owned engineering, construction and consulting company, good governance is an integral component of our company strategy. 

Good Governance

 

Our vision for creating a sustainable future integrates important considerations for operating ethically and executing projects with sustainable design in mind. As a values-based and employee-owned engineering, construction and consulting company, we aim to continuously improve management systems that enable and support operating ethically and with integrity.

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Core-Based Ethics and Compliance Program

Black & Veatch manages an industry-leading ethics and compliance program, where we continue to report more than 99% completion of training programs. The program includes training, engagement and enforcement, integrating 17 compliance practices.  We also adhere to the Foreign Corrupt Practices Act and other international anti-corruption legislation, such as the U.K. Bribery Act. 

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sustainable design

Investing in Innovation

We seek to cultivate leadership and knowledge of sustainability throughout all levels of our organization, reflecting our culture of continuous improvement and our drive for innovation. 

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Supplier Diversity

Black & Veatch is committed to working with diverse suppliers and business partners.  Our global network of qualified suppliers and subcontractors includes:

  • Small Businesses (SBE)
  • Small Disadvantaged Enterprises (SDB)
  • Minority Business Enterprises (MBE)
  • Women Business Enterprises (WBE)
  • HUBZone Enterprises
  • Service Disabled Veteran Business Enterprises (SDVBE)
  • Veteran-Owned Small Businesses (VOSB)
  • LGBT Business Enterprises
  • Historically Black Colleges and Universities and Minority Institutions (HBCU/MI)
  • National Institute for the Blind/National Institute for the Severely Handicapped (NIB/NISH)

Our Commitments to Good Governance

Through an internal materiality assessment and review of client sustainability goals, good governance emerged as a key element to be integrated into the Black & Veatch 2020-2023 Sustainability Strategy. 

Sustainability Policy Governs Operations and Project Execution

Purpose: Advance sustainability while delivering critical human infrastructure.

Commitment: We will expand the use of sustainability principles into all project execution manuals.

Benefit: Infrastructure that reduces negative outcomes and increases positive outcomes across the economic, social and environmental aspects of a project’s lifecycle.

Business, Ethics & Anti-Corruption

Purpose: Continuously improve management systems that enable and support operating ethically and with integrity.

Commitment: We will maintain an ISO 37001-compliant, anti-bribery management system across BV’s global operations and seek to obtain ISO 37001 certification for three offices per year

Benefit: Maintain our reputation of operating with the highest level of integrity and the highest standards in ethics, morals, fairness and professionalism.

Good Governance in Action

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