Importance of Ethical Behavior and Corporate Governance for Arup Group

Preparing for
Professional Career

Contents
INTRODUCTION...........................................................................................................................1
OVERVIEW OF ORGANISATION AND TYPE OF BUSINESS ...............................................1
MORAL OBLIGATION OF ARUP GROUP.................................................................................2
IMPORTANCE OF ETHICAL BEHAVIOUR FOR ARUP GROUP............................................3
LEADERSHIP AND CORPORATE GOVERNANCE .................................................................3
PROFESSIONAL BODIES AND CODES OF CONDUCT .........................................................4
CONCLUSION ...............................................................................................................................5
REFERENCES................................................................................................................................7

INTRODUCTION
Present report is prepared to highlight significance of moral along with ethical codes in
construction industry. Moral and ethical codes provide a basis to an organisation for fulfilling
compliance requirements as well as legal standard to make decisions which results in impacting
positively addition to steering away from unjust results (Freeman, Parmar and Martin, 2020).
They also clearly lay out rules related to behaviour and provide groundwork for pre-emptive
warning. Corporate governance is essential as it builds a system of practice or regulations which
determines the ways for operations and aligning interests of all stakeholders. Arup Group is
professional services enterprise that provides design, engineering, architecture, planning as well
as advisory services in each aspect of built environment. Its shared values including
organisational name is derived from beliefs along with convictions of founder, philosopher as
well as engineers. Its values entails quality of work, reasonable prosperity, total architecture,
social usefulness along with honourable dealings.
The report covers overview about the enterprise, moral and ethical responsibility of the firm
as well as significance of leadership and corporate governance. It further highlights importance
of codes of conduct along with professional bodies. It also discusses the ways in which code of
conduct addition to professional standards are incorporated in company.
OVERVIEW OF ORGANISATION AND TYPE OF BUSINESS
Overview of company
Arup Group was founded by Sir Ove Arup in the year 1946 as consulting engineers. With
involvement in ample number of high profile projects, the company became popular for working
in complex along with challenging projects that involves built environment. It employs
approximate of 16000 people in over 90 offices within 35 nations in construction sector. The
company has participated in projects in more than 160 countries. The community engagement
programme of Arup Group is particularly aligned with social usefulness.
Type of business
Arup Group works as privately held company that do not offer or trade its shares or stock
to general public on stock market exchanges, despite, its stock is offered, owned as well as
traded or exchanged in private. Working as privately held company, Arup Group is not required
to disclose information concerned with its operations which can potentially benefit rivals. The
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