COVID-19: A MESSAGE FROM ATLAS AIR WORLDWIDE

 

Governance

Responsible Business Growth

Responsible Business Growth header
Responsible Business Growth header

Responsible Business Growth

Governance IconGrowing our business means looking beyond the bottom line. Practices that help to ensure integrity, compliance and the protection of data, while engaging with our industry and our Board, help to drive sustainable growth today and into the future.

Corporate Governance

Maintaining a sound corporate governance structure is central to fulfilling Atlas Air Worldwide’s mission of being our customers’ first choice and most valued partner.

Our Board of Directors believes that sound Corporate Governance Practices provide an important framework to assist the Board and our management team in fulfilling responsibilities to stakeholders. Our Corporate Governance Principles are intended to reflect industry best practices in areas such as powers and responsibilities of the Board of Directors.

Board Refreshment and Diversity

We endorse the concept of Board and Committee refreshment, which has resulted in the election of several new Board members over the last five years and the rotation of the Chairman of the Board and the Chairs of our three standing Committees over the last two years. In 2021, we added two new gender-diverse Board members. The Board believes that diversity with respect to gender, ethnicity, background, professional experiences and perspectives is an important element in the Board selection process.

60%

gender or ethnically diverse

40%

gender diverse

30%

ethnically diverse

Ethics & Integrity

At Atlas, being a trusted partner means upholding an unwavering commitment to the highest level of legal and ethical conduct, honesty and integrity. As such, Integrity is one of our core values – we are honest, fair and transparent.

Code of Conduct

As outlined in our Employee Handbook and Code of Conduct, we require all employees to act responsibly in full compliance with all applicable laws and standards and to maintain the highest level of ethical conduct in their interactions with each other, customers, suppliers, regulators and other stakeholders. The Code of Conduct includes more than 25 employee “rules of conduct” related to use of company resources and data, confidentiality, anti-harassment and anti-discrimination policies, regulatory compliance, workplace safety, conflicts of interest, and other topics to ensure a high degree of ethical conduct across our organization.

We also maintain our Code of Ethics Applicable to the Chief Executive Officer, Senior Financial Officers and Members of the Board of Directors. This Code addresses Officers’ and Directors’ responsibilities for honest and ethical conduct, conflicts of interest, and compliance with all governmental laws, rules and regulations. Our Board’s Audit Committee oversees this Code and related party transactions.

Learn more about our Code of Conduct and Compliance Hotline in the Structure & Governance section of our website.

Compliance

Our business is built on safety, security and compliance. We regard legal and regulatory compliance and cooperation with regulatory authorities as core responsibilities.

Given our position in the global air cargo industry, Atlas is subject to a complex web of U.S. and international legal frameworks, regulatory requirements and industry standards. We seek to go beyond straightforward compliance to develop proactive best-practice relationships with key regulatory bodies, including U.S. agencies such as the Federal Aviation Administration (FAA), Department of Defense (DOD) and Department of Homeland Security (DHS), local and regional authorities, and international bodies such as the International Civil Aviation Organization (ICAO). Here are a few examples of how we are leading with compliance best practices:

  • Aviation safety: Atlas maintains an industry-best-practice safety program meeting all applicable FAA, ICAO and International Air Transport Association (IATA) standards. Read more in the Safety & Security section of our website.
  • Anti-corruption: Our anti-corruption policy exists to ensure compliance with the U.S. Foreign Corrupt Practices Act of 1977, as amended, the UK Bribery Act of 2010 and other similar statutes around the globe.

Data Privacy & Cybersecurity

We are committed to applying a strong governance and control environment to all aspects of our business, and that includes the areas of business resiliency, data privacy and cybersecurity. We utilize best-in-class technologies, procedures and training to ensure the safety and security of our systems and assets, and to protect our data and the data entrusted to us by our customers and partners.

Providing Leadership and Support for the Industry

Across the air cargo industry, Atlas is a recognized leader and innovator in cybersecurity and data privacy. Examples include:

  • Participating in leadership roles in a number of global cybersecurity organizations, including the Aviation Information Sharing & Analysis Center (A-ISAC).
  • Chairing the Air Transport cybersecurity committee of the U.S. National Defense Transportation Association (NDTA).
  • Working with the U.S. Department of Homeland Security (DHS) to deliver training for other organizations on preventing and responding to cyber-attacks.
  • Working independently and with Airlines for America (A4A) and the U.S. Chamber of Commerce to ensure cybersecurity legislation is developed as a constructive tool to improve the security of the entire industry.

Public Policy Advocacy

On a global, national and local basis, we advocate for the interests of our company, the air cargo industry and our key stakeholders. This includes being an active collaborator on a range of policy and legislative issues. Our priorities include attracting the aviation workforce of the next generation, protecting and promoting the U.S. policy on Open Skies, and supporting government policies to help our industry reduce its greenhouse gas emissions.

Advocacy Highlights

Our public policy efforts have had an impact in key areas related to education and training, safety and international trade and travel:

  • Securing bipartisan support for legislation aimed at attracting the next generation of pilots and the development of the aviation maintenance workforce.
  • Advocating for the establishment of U.S. Federal Aviation Administration (FAA) advisory boards to advance diversity in the aviation workforce, including pilots.
  • Protecting and enhancing Open Skies agreements around the globe.
  • Maintaining the harmonization of U.S. and International Civil Aviation Organization (ICAO) regulations regarding the air transport of lithium cells and batteries.