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We establish binding frameworks for compliant and responsible business conduct. To this end, we have established standards and processes in the areas of compliance, data protection, information security, and supply chain management. These help us implement legal and internal requirements, identify and minimize risks, and promote transparency in our business processes. When selecting and working with suppliers, we take established criteria into account and expect them to adhere to our defined standards.
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As part of our supplier management, we take human rights and environmental due diligence obligations into account. To identify risks early on, we conduct an annual analysis of our direct suppliers in accordance with the Supply Chain Due Diligence Act (LkSG). We source goods and services primarily from Germany, the EU, or countries with comparable legal standards, such as OECD member states.
Since 2017, our purchasing policy has incorporated ethical, social, and environmental criteria. These were further specified in an updated policy statement in 2023. In addition, our Supplier Code of Conduct (or a comparable policy offering an equivalent level of protection) is generally an integral part of our business relationships. A publicly accessible whistleblower system allows for the anonymous and secure reporting of human rights or environmental risks in the supply chain.
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Working with integrity and in compliance with the law is the foundation of sustainable business practices for us. Our employees are supported in complying with legal requirements through clear and understandable guidelines and work instructions. The Executive Board and senior management actively promote this approach throughout the company (“Tone from the Top”), thereby fostering an open and professional corporate culture.
Since 2024, regular anti-corruption training has been standard practice. By signing the Diversity Charter, we are also committed to a respectful, bias-free work environment.
We regularly undergo external ESG ratings to ensure transparency regarding our performance in the areas of environment (E), social responsibility (S), and corporate governance (G). The assessments by various rating agencies provide stakeholders with a well-founded evaluation of how we fulfill our corporate responsibilities—and where we can continue to improve. They serve as an important benchmark for us to measure our commitment and further develop it in a targeted manner.