The International Forum on Business Ethical Conduct (IFBEC) is an association of aerospace and defence companies committed to Global Principles of zero tolerance for corruption and the sharing of best practices to reinforce ethical standards in our industry. IFBEC is pleased to welcome as our newest member, Hensoldt, based in Munich, Germany. Hensoldt is a leading provider of sensor technologies for protection and surveillance missions in the defence, security and aerospace sectors.
IFBEC chair, Tim Schultz said: “We are pleased that Hensoldt has joined with other IFBEC companies to affirm the importance of effective anticorruption programs in promoting compliance with the highest standards of integrity in the international marketplace.”
Hensoldt Head of Compliance, Björn Janouschek, noted that “Hensoldt believes socially responsible conduct is expected by our leadership and our stakeholders and is critical to our Company’s success and reputation. We appreciate the opportunity to reinforce our values in partnership with IFBEC.”
IFBEC has more than 30-member companies and our Global Principles were first issued in 2009.