The purpose of the code is to ensure that all Cebr employees and employees of suppliers to Cebr are aware of the ethical principles on which Cebr operates and are clear that their behaviour should be consistent with these principles. In addition it is important that our customers - past, present and future are aware of these principles, have the opportunity to check how they fit with their values and are reassured that Cebr operate in an ethical way.
The Cebr Human Resources Committee monitors the operation of this code and deals at first hand with any potential or actual breaches. It reports any breaches to the Cebr Board along with action taken or required and submits an annual report to the Board. If any party has reason to believe that a member of Cebr staff is not following the Cebr ethical code, they are encouraged contact the Chief Executive Nina Skero nskero@cebr.com copied to the Chairman Martin Piers mpiers@cebr.com providing details. We will investigate any comments thoroughly and inform the person providing the feedback of our conclusions.
We will not say anything on behalf of our paying customers that we would not in principle say if we were unpaid
We do not overcharge our customers
If we do not think we can add value which justifies our work we will try to discourage the client from commissioning it
If we think someone else can do the job better than us we will recommend them
We do not offer pre-packaged solutions – we try to solve the customer’s problem
We see economics not as an aim in itself but as a means to help our customers do their jobs better
- We are careful to go beyond the normal sources of economics information, backing up official statistics with
data (some of it proprietary) from surveys and from other real life indicators, and trying to get information from
contrasting sources
- We understand that economic theory can only take you so far but try to use it as best possible
We were amongst the first to look at the wider economic impact of infrastructure projects
We developed the use of option pricing for the evaluation of executive remuneration
We were the first to use option pricing for safety issues
We have developed option pricing for defence planning
We operationalised input output modelling for a wide range of purposes
We are not aligned with any political party and will normally work with legitimate politicians of all kinds
We engage in civilised debate
We make our case forcefully and stand up for what we think
Because we enjoy what we do it is possible we occasionally get over passionate about it. If we do, we apologise and move on
We try to treat opposing points of view with respect
If in the presentation of our work we make a case in support of an organisation which has paid or part-paid for that work, we will declare that interest
- We pay our taxes and obey government regulations (but reserve the right to criticise when we believe they are wrong and damaging)
- We try to support the local community
- We try to support charities appropriate to our values
- But we realise that our greatest contribution to society is to do our day jobs well
We recruit the best we can find and work constantly to improve our selection process
We look at psychological components and teamworking as well as skills
We respect and utilise diversity as a strength and emphatically do not view it as window dressing
Importantly we try to ensure that every Cebr employee is valued and enjoys his/her work