Governance

Ingeniería de Sistemas para la Defensa de España, S.A., S.M.E., M.P. (Isdefe, S.A., S.M.E.,  M.P.), is a State-owned commercial company pertaining  to the State institutional public sector pursuant to Act 40/2015 of 1 October on the Legal Framework of the Public Sector, Articles 2 and 84, and which was incorporated in Madrid on 17 October 1985 by approval at the Cabinet Meeting of 18 September of the same year.

Isdefe is attached to the Ministry of Defence. The National Institute of Aerospace Technology (INTA) is the sole owner of the entirety of its share capital.

In line with our legal and business nature, the object of our company is:

Isdefe, as a State-owned commercial company, is attached to the Ministry of Defence. The company is run by the Secretariat of State for Defence, which in turn holds the Presidency of Isdefe, the General Meetings and the Board of Directors.

Our policies, objectives and action lines are determined on the one hand by our status as a public company and on the other hand by how we carry out our own activity. They are all in line with commitments  based  on our values and  action  de  principles,  which contribute to making our mission and vision a reality.

At Isdefe we entrust the achievement of our strategic objectives to an adequate management of identified risks, complying with legal requirements and setting out the necessary internal rules for this purpose. This is stated in our Employee Portal for the proper conduct of our business.

As a preliminary step to the implementation of actions leading to risk eradication and/or minimisation, we have identified those linked to Isdefe’s activity, including:

The Code of Ethics is an integral part of Isdefe’s governance model and is based on the guiding principles of integrity, professionalism and respect which set the standards for the behaviour of its professionals.

Over the last few years, an ethical culture has been consolidated thanks to ongoing training and promotion of the values stated in the Code, the management of the Ethics Mailbox and the existence of a Technical/Ethics Committee for management and monitoring.

Act 19/2013 of 9 December on Transparency, Access to Public Information and Good Governance, states in the preamble: “Countries with greater levels of transparency and good governance rules have stronger institutions promoting economic growth and social development.”

In this regard, Isdefe contributes to the attainment of this general principle by complying with obligations set forth in the Act on the publication of institutional, organisational and planning information, as well as information on its Transparency Portal.

September 2019 marks four years since the approval by the UN of the 2030 Agenda for Sustainable Development, and with it the 17 Sustainable Development Goals (SDGs) to transform the world.

Aprovechando este aniversario, Isdefe is committed to the 2030 Agenda and leveraged the anniversary to undertake various actions throughout the year in line with this commitment such as, for example, joining the #aliadosdelosODS disclosure campaign coordinated by the Spanish chapter of UN Global Compact. The activities carried out included:

Isdefeas a public service company, has a roadmap for the effective integration of the SDGs into its business strategy. Priority SDGs have been identified in three areas of action: Economic, Environmental and Social.