Global standards

  • We act according to values and standards of conduct that fulfill or exceed laws and regulations
  • We review our performance with regular audits and a three-pronged monitoring system

Our standards fulfill or exceed existing laws and regulations and take internationally recognized principles into account. We respect and promote all of the following:

  • The 10 principles of the U.N. Global Compact
  • The Universal Declaration of Human Rights and both United Nations covenants on human rights
  • The ILO’s core labor standards and Tripartite Declaration of Principles concerning Multinational Enterprises and Social Policy (MNE Declaration)
  • The OECD Guidelines for Multinational Enterprises
  • The Responsible Care Global Charter
  • The German Corporate Governance Code

We stipulate rules for our employees with standards that apply throughout the Group. We set ourselves ambitious goals with voluntary commitments and review our environmental, health and safety performance using our Responsible Care Management System. Regular audits and a three-pronged monitoring system ensure our compliance with labor and social standards. This system comprises the following instruments:

  • External compliance hotlines
  • Annual inquiry into our Group companies to inspect the prevailing working conditions
  • Close dialog with our stakeholders, such as employee representatives and international organizations

Our business partners are expected to comply with prevailing laws and regulations and to align their actions with internationally recognized principles. We have established monitoring systems to ensure this.