Fluor seeks to do business with third parties who share our standards and values. Additionally, we ask our suppliers to flow down this contractual requirement to their suppliers. We conduct risk-based due diligence when selecting a third party and identify ultimate ownership to comply with regulations on prohibited transactions. We continuously monitor suppliers and subcontractors with whom we do business. Depending on the type of third party, we embed various requirements and processes to emphasize and mitigate applicable anti-corruption risks. Fluor seeks to mitigate compliance risks whenever possible.
Fluor limits the number of third party agents by relying primarily on our internal sales staff. We do not have a commission based sales structure, which contributes greatly to the management of corruption risks. We also limit the number of employees who are permitted to have contact with third party agents. Agents are required to certify periodically to their adherence of our anti-corruption requirements.
Our suppliers and contractors are required to comply, and in turn require their supply chain to comply, with Fluor's Business Conduct and Ethics Expectations for Suppliers and Contractors (the Supplier Expectations). The Supplier Expectations highlight key expectations in health, safety, and environmental (HSE), human rights and employment practices, financial and operational controls, conflicts of interest, gifts entertainment and business courtesies, improper payments, trade controls, money laundering prevention, company resources, competing fairly, and reporting concerns.
Clients, joint venture partners, suppliers, contractors, and other third parties are encouraged to report any suspected misconduct involving or affecting Fluor, whether or not the concern involves the third party, by contacting their Fluor representative, Fluor's Chief Procurement Officer (for suppliers and contractors) or Fluor's Compliance and Ethics Hotline.