Airbus // Universal Registration Document 2023
1. Information on the Company’s Activities 1.2 Non-Financial Information
Policies and procedures In 2023, the Company continued to improve its Ethics & Compliance framework notably by enhancing the digital solutions made available to employees in the fields of whistleblowing, gifts & hospitality or sponsorships & donation management. All policies and guidelines are made available to employees on the Intranet, and classroom training is delivered to employees who are particularly exposed to the underlying risks as described above. On the Export Control side, the Company has cascaded its Export Control requirements through nine Directives and Methods throughout the Company. The cascading triggered an update of the relevant business processes and documentation, completed at 99% at the end of 2023. In parallel, in 2023, the Company has started to deploy digital tools, developed through its Global Export Control Solutions (GECS) project in order to support the fulfilment of those requirements with regards to, notably, classification, record keeping, screening, accreditation, tangible and intangible transactions compliance or access control securitisation. For instance, among many other digital tools, the deployment at the end of the year of “hold and release” automated solution in the Company’s commercial aircraft activities ensures the compliance of 100% transactions related to specifically targeted export controlled items based on their classification, sanctions and export control screening assessment, valid licences and corresponding accreditation. To ensure the deployment of such tools, the validation of more than 1.5 million export control classifications have been secured by 2023 year-end corresponding to more than 300,000 part numbers. Continuous efforts are ongoing to extend the scope
of deployment in the Company’s commercial aircraft business and further deploy akin solutions within Airbus Helicopters and Defense and Space Divisions, core entities as well as subsidiaries
and affiliates in the years to come. Responsible lobbying charter
The Company is committed to ensuring that any lobbying activity is undertaken in compliance with all applicable laws and its anti-corruption programme. In 2021, the Company launched a Responsible Lobbying Charter aimed at anybody who engages with public officials in any capacity, including third party representatives retained by the Company. The Charter outlines the Company’s core principles for responsible lobbying and brings together the Company’s key codes and directives relevant to this topic. The principles are also reinforced by a training module available to all employees. V. Outlook An effective Ethics & Compliance programme is one that, by definition, continuously adapts to changes and improves over time. Going forward, the Company will continue to assess its risks and monitor and test the implementation of mitigation measures at all levels: corporate level, Divisions, regions and local entities. When misconduct reveals a gap in compliance policies, procedures or tools, the Company undertakes revisions to its Ethics & Compliance programme commensurate with the wrongdoing and in light of lessons learned. While compliance at the Company will therefore always be a work in progress, the Company is committed to this endeavour, as it aims to make its Ethics & Compliance programme sustainable over time.
1.2.15 Responsible Supply Chain
I. Introduction At the end of 2023, approximately 19,000 suppliers from more than 90 countries supply parts, components, systems and services to the Company.
Defence and Space €6bn
Helicopters €3bn
12%
6%
Est. €49bn total 2023 spent
Commercial Aircraft €40bn
82%
In 2023, the Company’s external sourcing volume was estimated around €49 billion and shared between Divisions with 82% for the Company’s commercial aircraft business, 12% for the Airbus Defence and Space Division and 6% for the Airbus Helicopters
Division. Of note, figures on this chart may marginally change, as the data consolidation process was not finalised at the date of publication.
126 Airbus Annual Report
Universal Registration Document 2023
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