{"id":429,"date":"2021-01-12T13:29:17","date_gmt":"2021-01-12T13:29:17","guid":{"rendered":"https:\/\/ti-defence.org\/dci\/?post_type=companies&#038;p=429"},"modified":"2021-02-15T17:27:30","modified_gmt":"2021-02-15T17:27:30","slug":"abu-dhabi-shipbuilding","status":"publish","type":"companies","link":"https:\/\/ti-defence.org\/dci\/companies\/abu-dhabi-shipbuilding\/","title":{"rendered":"Abu Dhabi Shipbuilding"},"content":{"rendered":"","protected":false},"parent":0,"template":"","countries":[36],"class_list":["post-429","companies","type-companies","status-publish","hentry","regions-middle-east","ownership-public","ownership-state-owned-enterprise","countries-united-arab-emirates"],"acf":[],"ACF":{"full_company_name":"Abu Dhabi Ship Building PJSC (ADSB)","ownership":[{"term_id":2,"name":"Public","slug":"public","term_group":0,"term_taxonomy_id":2,"taxonomy":"ownership","description":"","parent":0,"count":74,"filter":"raw","term_order":"0"},{"term_id":3,"name":"State-Owned 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Low","overall_score":"3","policy_points":"0\/77","transparency_points":"3\/35","assessment":"https:\/\/ti-defence.org\/dci\/wp-content\/uploads\/sites\/2\/2021\/01\/03-074_Abu_Dhabi_Shipbuilding_FINAL-ASSESSMENT_20200721_FINAL.pdf","overview":false,"company_response":false,"tweets":"","commitment_area_scores":[{"commitment_area":7,"rating":"F","score":"0","band":"Very Low","points":"0\/8"},{"commitment_area":8,"rating":"F","score":"0","band":"Very Low","points":"0\/12"},{"commitment_area":9,"rating":"F","score":"0","band":"Very Low","points":"0\/14"},{"commitment_area":10,"rating":"F","score":"0","band":"Very Low","points":"0\/8"},{"commitment_area":11,"rating":"F","score":"0","band":"Very Low","points":"0\/14"},{"commitment_area":12,"rating":"F","score":"0","band":"Very Low","points":"0\/10"},{"commitment_area":13,"rating":"F","score":"0","band":"Very Low","points":"0\/20"},{"commitment_area":14,"rating":"F","score":"0","band":"Very Low","points":"0\/8"},{"commitment_area":15,"rating":"E","score":"25","band":"Low","points":"2\/8"},{"commitment_area":16,"rating":"F","score":"10","band":"Very Low","points":"1\/10"}],"scores":[{"question":54,"commitment_area":7,"score":"0","comments":"<p>There is no evidence that the company makes a public commitment to ethical or anti-bribery and corruption standards.<\/p>\n"},{"question":55,"commitment_area":7,"score":"0","comments":"<p>There is no evidence that the company publishes an anti-bribery and corruption or ethics and compliance policy.<\/p>\n"},{"question":56,"commitment_area":7,"score":"0","comments":"<p>There is no evidence that the company has a designated board committee or individual board member responsible for its anti-bribery and corruption programme.<\/p>\n"},{"question":57,"commitment_area":7,"score":"0","comments":"<p>There is no evidence that a specific managerial-level employee has ultimate responsibility for implementing and managing the company\u2019s anti-bribery and corruption programme.<\/p>\n"},{"question":58,"commitment_area":8,"score":"0","comments":"<p>There is no evidence that the company has a formal risk assessment procedure that is used to inform the company\u2019s anti-bribery and corruption programme.<\/p>\n"},{"question":59,"commitment_area":8,"score":"0","comments":"<p>There is no evidence that the company\u2019s anti-bribery and corruption programme is subject to audit or review.<\/p>\n"},{"question":60,"commitment_area":8,"score":"0","comments":"<p>There is no evidence that the company has a publicly stated procedure for dealing with bribery and corruption allegations, incidents or whistleblowing reports.<\/p>\n"},{"question":61,"commitment_area":8,"score":"0","comments":"<p>There is no evidence that the company assures itself of the quality of its internal investigations.<\/p>\n"},{"question":62,"commitment_area":8,"score":"0","comments":"<p>There is no evidence that the company has an investigative procedure that includes a commitment to report material findings to the board or relevant authorities.<\/p>\n"},{"question":63,"commitment_area":8,"score":"0","comments":"<p>There is no evidence that the company publishes any data on ethical or bribery and corruption investigations or disciplinary actions involving its employees. <\/p>\n"},{"question":64,"commitment_area":9,"score":"0","comments":"<p>There is no evidence that the company provides anti-bribery and corruption training to its employees.<\/p>\n"},{"question":65,"commitment_area":9,"score":"0","comments":"<p>There is no evidence that the company provides tailored anti-bribery and corruption training for employees based on an assessment of their role and exposure to corruption risk.<\/p>\n"},{"question":66,"commitment_area":9,"score":"0","comments":"<p>There is no evidence that the company measures or reviews the efficacy of an anti-bribery and corruption communications or training programme. <\/p>\n"},{"question":67,"commitment_area":9,"score":"0","comments":"<p>There is no evidence that the company\u2019s incentive schemes incorporate ethical or anti-bribery and corruption principles.<\/p>\n"},{"question":68,"commitment_area":9,"score":"0","comments":"<p>There is no evidence that the company commits to support or protect employees who refuse to act unethically.<\/p>\n"},{"question":69,"commitment_area":9,"score":"0","comments":"<p>There is no publicly available evidence that the company has a policy of non-retaliation against whistleblowers or employees who report bribery and corruption incidents.<\/p>\n"},{"question":70,"commitment_area":9,"score":"0","comments":"<p>There is no evidence that the company provides either whistleblowing or advice channels for its employees to ask questions and raise concerns about suspected bribery or corruption.<\/p>\n"},{"question":71,"commitment_area":10,"score":"0","comments":"<p>There is no publicly available evidence that the company has a policy on conflicts of interest.<\/p>\n"},{"question":72,"commitment_area":10,"score":"0","comments":"<p>There is no publicly available evidence that the company has procedures in place to manage conflicts of interest or their oversight.<\/p>\n"},{"question":73,"commitment_area":10,"score":"0","comments":"<p>There is no evidence that the company has a policy regulating the employment of current or former public officials.<\/p>\n"},{"question":74,"commitment_area":10,"score":"0","comments":"<p>There is no evidence that the company reports details of the contracted services of serving politicians.<\/p>\n"},{"question":75,"commitment_area":11,"score":"0","comments":"<p>There is no evidence that the company has a policy on corporate political contributions.  <\/p>\n"},{"question":76,"commitment_area":11,"score":"0","comments":"<p>There is no evidence that the company publishes any details of its political contributions.<\/p>\n"},{"question":77,"commitment_area":11,"score":"0","comments":"<p>There is no evidence that the company has a policy or procedure covering charitable donations and sponsorships.<\/p>\n"},{"question":78,"commitment_area":11,"score":"0","comments":"<p>There is no publicly available evidence that the company has a policy or procedure on lobbying.<\/p>\n"},{"question":79,"commitment_area":11,"score":"0","comments":"<p>There is no evidence that the company publishes any information on its lobbying aims, topics or activities. <\/p>\n"},{"question":80,"commitment_area":11,"score":"0","comments":"<p>There is no evidence that the company publishes any details about its global lobbying expenditure. <\/p>\n"},{"question":81,"commitment_area":11,"score":"0","comments":"<p>There is no publicly available evidence that the company has a policy or procedure on gifts or hospitality.<\/p>\n"},{"question":82,"commitment_area":12,"score":"0","comments":"<p>There is no evidence that the company requires the involvement of its procurement department in the establishment and\/or oversight of its supplier base.<\/p>\n"},{"question":83,"commitment_area":12,"score":"0","comments":"<p>There is no evidence that the company conducts anti-bribery and corruption due diligence on its supply chain.<\/p>\n"},{"question":84,"commitment_area":12,"score":"0","comments":"<p>There is no evidence that the company ensures that its suppliers have anti-bribery and corruption policies in place that meet a high standard. <\/p>\n"},{"question":85,"commitment_area":12,"score":"0","comments":"<p>There is no evidence that the company takes steps to ensure that the substance of its anti-bribery and corruption programme and standards are required throughout the supply chain. <\/p>\n"},{"question":86,"commitment_area":12,"score":"0","comments":"<p>There is no evidence that the company publishes any data on ethical or anti-bribery and corruption investigations relating to its suppliers, or the associated disciplinary actions. <\/p>\n"},{"question":87,"commitment_area":13,"score":"0","comments":"<p>There is no publicly available evidence that the company has a policy covering the use of agents.<\/p>\n"},{"question":89,"commitment_area":13,"score":"0","comments":"<p>There is no evidence that the company conducts anti-bribery and corruption due diligence on its agents or intermediaries.<\/p>\n"},{"question":90,"commitment_area":13,"score":"0","comments":"<p>There is no evidence that the company aims to establish the beneficial ownership of its agents.<\/p>\n"},{"question":91,"commitment_area":13,"score":"0","comments":"<p>There is no evidence that the company includes anti-bribery and corruption clauses in its contracts with agents and intermediaries. <\/p>\n"},{"question":92,"commitment_area":13,"score":"0","comments":"<p>There is no evidence that the company's incentive structures for agents are designed to minimise risks of bribery and corruption or that incentive structures are recognised as a risk factor in agent behaviour. <\/p>\n"},{"question":98,"commitment_area":13,"score":"0","comments":"<p>There is no evidence that the company publishes any details of the agents currently contracted to act for and\/or on its behalf.<\/p>\n"},{"question":99,"commitment_area":13,"score":"0","comments":"<p>There is no evidence that the company publishes any data on ethical or bribery and corruption-related investigations, incidents or the associated disciplinary actions involving agents. <\/p>\n"},{"question":100,"commitment_area":13,"score":"0","comments":"<p>There is no evidence that the company conducts anti-bribery and corruption due diligence on its joint ventures.<\/p>\n"},{"question":101,"commitment_area":13,"score":"0","comments":"<p>There is no evidence that the company commits to establishing or implementing anti-bribery and corruption policies or procedures in its joint ventures. <\/p>\n"},{"question":102,"commitment_area":13,"score":"0","comments":"<p>There is no evidence that the company commits to take an active role in preventing bribery and corruption in its joint ventures. <\/p>\n"},{"question":103,"commitment_area":14,"score":"0","comments":"<p>There is no evidence that the company addresses the corruption risks associated with offset contracting, nor is there evidence that a dedicated body, department or team is responsible for monitoring the company's offset activities. <\/p>\n"},{"question":104,"commitment_area":14,"score":"0","comments":"<p>There is no evidence that the company conducts anti-bribery and corruption due diligence on its offset obligations.<\/p>\n"},{"question":105,"commitment_area":14,"score":"0","comments":"<p>There is no evidence that the company publishes any details of the offset agents, brokers or consultancy firms currently contracted to act with and on behalf of its offset programme. <\/p>\n"},{"question":106,"commitment_area":14,"score":"0","comments":"<p>There is no evidence that the company publishes any details of its offset obligations and\/or contracts.<\/p>\n"},{"question":107,"commitment_area":15,"score":"0","comments":"<p>There is no evidence that the company acknowledges the corruption risks of operating in different markets, nor that risk assessment procedures are used to inform the company\u2019s operations in high risk markets. <\/p>\n"},{"question":108,"commitment_area":15,"score":"1","comments":"<p>The company publishes a list of its subsidiaries in its 2018 Annual Report, which includes information on the percentages owned by the company and the country of incorporation of each subsidiary. However, the company receives a score of \u20181\u2019 because this list does not indicate the countries of operation for each entity.<\/p>\n"},{"question":109,"commitment_area":15,"score":"1","comments":"<p>The company discloses some information on the entities with significant holdings in the company, indicating that it is a public joint stock company with a small proportion of shares held by the Government of Abu Dhabi. The company receives a score of \u20181\u2019 because this information is disclosed on the company\u2019s website and not on a freely accessible central public register or in open data format. The company also states that 50% of shares are held by individuals, but does not indicate or disclose whether any individual within this owns more than 25% of shares or voting rights. <\/p>\n"},{"question":110,"commitment_area":15,"score":"0","comments":"<p>There is some evidence that the company\u2019s primary defence customers are the United Arab Emirates (UAE) Armed Forces and Navy. The company\u2019s Annual Report also indicates that it has contracts with the governments of Kuwait and Saudi Arabia. However, the company receives a score of \u20180\u2019 because it does not provide this information in sufficient detail to indicate the percentage breakdown for its major its defence customers.<\/p>\n"},{"question":111,"commitment_area":16,"score":"0","comments":"<p>There is no evidence that the company publishes details of its shareholder voting rights. The company publishes information about its significant shareholders \u2013 which includes the Government of Abu Dhabi \u2013 but does not provide any accompanying details to indicate the percentage voting rights held by each individual or entity. <\/p>\n"},{"question":112,"commitment_area":16,"score":"1","comments":"<p>The company publishes some information about its objectives to serve and grow its customer base, noting that its main priority is to support the United Arab Emirates (UAE) Navy. However, the company receives a score of \u20181\u2019 because its objectives beyond that are unclear and there is no evidence that these objectives are updated on at least an annual basis.<\/p>\n"},{"question":113,"commitment_area":16,"score":"0","comments":"<p>The company publishes some information about its board of directors on its website, including the name and position of each individual. However, the company receives a score of \u20180\u2019 because it does not provide any further information about each board member, such as whether they are financial beneficiary, an executive, a state representative, or an independent director. There is also no evidence that the company makes any information on the board nomination or appointment process publicly available.<\/p>\n"},{"question":114,"commitment_area":16,"score":"0","comments":"<p>The company publishes some information to indicate which of its board members form part of its Audit Committee, however there is no evidence to indicate which (if any) individuals are independent board members and therefore there is no evidence that the committee is composed of a majority of independent directors.<\/p>\n"},{"question":115,"commitment_area":16,"score":"0","comments":"<p>There is no publicly available evidence that the company has a system in place to manage asset transactions. <\/p>\n"}],"main_products_and_services":false},"_links":{"self":[{"href":"https:\/\/ti-defence.org\/dci\/wp-json\/wp\/v2\/companies\/429","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ti-defence.org\/dci\/wp-json\/wp\/v2\/companies"}],"about":[{"href":"https:\/\/ti-defence.org\/dci\/wp-json\/wp\/v2\/types\/companies"}],"wp:attachment":[{"href":"https:\/\/ti-defence.org\/dci\/wp-json\/wp\/v2\/media?parent=429"}],"wp:term":[{"taxonomy":"countries","embeddable":true,"href":"https:\/\/ti-defence.org\/dci\/wp-json\/wp\/v2\/countries?post=429"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}