What is IFBEC?
Global Principles of Business Ethics for the AeroSpace and Defence Industry
What exactly are the Global Principles?
The IFBEC Global Principles affirm our industry’s commitment to ethical business behavior and a uniform set of standards. The Global Principles address business conduct as it relates to zero tolerance of corruption, use of advisors, management of conflicts of interest and respect for proprietary information. Companies that formally adhere to the principles commit to including programs and policies that foster ethical business conduct consistent with the Global Principles in their corporate business practices.
What are the benefits of joining IFBEC?
IFBEC Membership Benefits
What is the difference between IFBEC and the Defence Industry Initiative?
The Defence Industry Initiative (DII) shares the same goals and many of the same members as IFBEC, but membership is only available to aerospace & defense companies that are based in the United States. IFBEC is an attempt to expand the very successful efforts of DII to the international community. While DII and IFBEC are separate entities, we work closely together to promote business ethical conduct throughout the global community. You can visit DII’s website here (www.dii.org)
Who are the current IFBEC members?
Current IFBEC members can be found here.