IRVING, Texas--(BUSINESS WIRE)--Fluor Corporation (NYSE: FLR) announced today that the Information Commissioner’s Office (ICO) of the United Kingdom has formally approved Fluor’s Binding Corporate Rules for handling of employee and client data.
The data protection authorities in other European Union member states have accepted the approval under a mutual recognition procedure, and Fluor will seek approval in certain other member states as well. Under European Union law, the transfer of personal information to non-European Union countries is only permitted where appropriate systems and safeguards have been put in place.
Adoption of Binding Corporate Rules is one way in which organizations can satisfy these requirements. The ICO approval indicates that Fluor meets the high standards required under European Union law when it transfers personal information among Fluor entities globally. The approval process involved a detailed analysis of the data protection safeguards in place within Fluor, and was led by the ICO in conjunction with data protection authorities in Spain and Poland.
“This approval represents a significant achievement for Fluor,” said David Seaton, chairman and CEO of Fluor. “It demonstrates Fluor’s continued commitment to the welfare of its employees and clients through top notch data privacy and security, and reinforces Fluor’s leadership role in the areas of ethics and compliance. Data privacy and security will continue to be at the heart of Fluor's business practices, as we strive to maintain this leadership in a rapidly evolving technology landscape.
“As one of the world’s foremost engineering, procurement, construction, fabrication, maintenance and project management companies, we recognize that information management is a key aspect of the services we provide. Safe and sound information management in this day and age just makes good business sense especially for a global company like Fluor.”
About Fluor Corporation
Fluor Corporation (NYSE: FLR) is a global engineering and construction firm that designs and builds some of the world's most complex projects. The company creates and delivers innovative and integrated solutions for its clients in engineering, procurement, fabrication, construction, maintenance and project management on a global basis. For more than a century, Fluor has served clients in the energy, chemicals, government, industrial, infrastructure, mining and power market sectors. Headquartered in Irving, Texas, Fluor ranks 136 on the FORTUNE 500 list. With 40,000 employees worldwide, the company's revenue for 2014 was $21.5 billion. For more information, visit www.fluor.com or follow us on Twitter @FluorCorp.