Enterprise Risk Management
At UTC we aim to be world-class in everything we do – including our compliance with U.S. and other national laws. Every employee is responsible for ensuring that UTC’s business is conducted in compliance with these laws and with UTC’s Code of Ethics.
UTC’s Enterprise Risk Management assessments measure compliance risks, deploy risk mitigation plans and track implementation for five key areas:
UTC has an aggressive antitrust compliance program that promotes and protects competition. We prohibit actions and behavior that support a company’s monopoly or unreasonably restrains competition.
UTC does not pay bribes or conduct facilitating payments anywhere at any time. Doing so is in direct conflict with UTC’s commitment to fair competition.
UTC is committed to protecting the personal information of its customers, employees, contractors and business partners.
With nearly 20 percent of UTC’s overall sales supporting the U.S. Department of Defense, the U.S. government is UTC’s largest customer. As such, UTC focuses on competing fairly, delivering quality products and services, adhering to government accounting and pricing requirements, and the timely and accurate submission of data to the government.
International Trade Compliance (ITC)
As a leading U.S. importer and supplier of controlled products and technologies to the U.S. Department of Defense, other national defense establishments, and various domestic and international customers, UTC is committed to conducting business in full compliance with all U.S. and other national laws and regulations governing exports, imports, anti-boycott, economic sanctions and embargoes.