Ethics and Compliance

Boeing is committed to ensuring compliance with applicable global laws and regulations, as well as our own internal policies and procedures. To maintain effective compliance risk management strategies and controls consistent with our deep compliance culture, Boeing builds compliance accountability, oversight, and risk management into all levels of the business.

Boeing regularly assesses the effectiveness of internal compliance controls, including policies and procedures, training, data analytics and control validation. Managers and executives are accountable for compliance within the business or functional areas they oversee and, along with all employees, receive annual training on compliance risk areas specific to their work responsibilities. This includes training for a range of compliance topics (e.g. proper handling of proprietary or trade secret information and cyber security, anti-corruption, U.S. Government procurement integrity rules, and data privacy). Compliance training is reviewed and updated regularly to ensure that it is current, relevant, and effective.

Under Boeing’s Compliance Risk Management (CRM) program, senior leaders are accountable for identifying, assessing, and managing effective compliance programs. Co-chaired by the Chief Compliance Officer and Controller, the Compliance Risk Management Board (CRMB) oversees enterprise compliance and is comprised of senior executives from across the company’s business units and functions.

The CRMB’s charter is to create a proactive culture of compliance, integrate compliance risk management across the enterprise, drive effective and efficient compliance controls to achieve business objectives, and lead compliance risk mitigation and accountability. The CRMB evaluates the company’s most significant compliance risks and associated mitigation strategies, prioritizes the most important emerging issues for additional attention and, where appropriate, elevates issues to Boeing’s CEO and to the Audit Committee of the Board of Directors. Boeing’s CRM program also partners with the internal Corporate Audit organization to validate the effectiveness of compliance controls.

As outlined in Boeing’s Audit Committee Charter, the Chief Compliance Officer reports at least annually to the Audit Committee of the Board of Directors on Compliance Risk Management and provides regular reporting on the company’s ethics and compliance program. More details on reporting and oversight functions of the CRMB can be found in the Audit Committee Charter, published on the Boeing Corporate Governance page.