Code of conduct
No harm to humans or the environment
We endeavor to satisfy all legal safety requirements at all our sites
and to protect our employees and the employees of our business
partners from harm.
We provide our employees with a place to work where all applicable
health and safety standards are adhered to and all legal requirements
met.
We obtain all necessary regulatory approvals before commencing work at
our sites.
We help to protect the environment by providing a variety of product
solutions that either replace or reduce the amount of natural
resources needed by industry.
No conflicts of interest
We make our decisions based on professional and objective criteria.
We endeavor to make the reasons behind our decisions transparent.
We reach business decisions in the interests of the company, not on
the basis of the personal gain of individual managers or employees.
No false promises
We honor our contractual commitments. In order to avoid any
misunderstanding or disappointment, we assess contracts and we sign
contracts only if we are convinced that we are capable of fulfilling
the contract.
Our business partners and shareholders rely on correct information
about business prospects and results of the Group. We strive to never
disappoint our partner’s and shareholder’s faith in us.
No discrimination
Managers and employees of Schenck Process are responsible for creating
and maintaining a working environment based not on origin, religion,
gender, age, political beliefs, union commitments or sexual
orientation, but rather based only on objective and un-biased
criteria.
Credibility, fairness and respect in our dealings with each other, and
when dealing with external business partners, are vital to us.
No violation of export laws
We accept that there are certain business partners we cannot do
business with.
Schenck Process has a sophisticated system of checks and controls to
ensure compliance with all applicable export control laws.
If we cannot determine a transaction’s compliance with applicable
export laws, we turn down the transaction.
No unauthorized donations
We do not do business through bribery, but rather by means of the
objective benefits of the products and services that we offer to our
customers. Managers and employees of Schenck Process do not accept
bribes either directly or indirectly, nor do they give them to others.
If we cannot win business contracts under this strict principle, then
we accept the outcome.
No damaging behavior to free and fair competition
We value and support free and fair competition, and will not harm
competition by colluding on prices, allocating markets or any other
illicit action.
We avoid any situation where even a semblance of anti-competitive
behavior may occur.
Supplier code of conduct
Preamble
The Schenck Process Group (hereinafter referred to as „Schenck
Process“) is firmly committed to carrying out its business activities
in absolute compliance with all applicable legal requirements and with
utmost integrity and honesty.
Schenck Process‘ corporate guidelines set out certain values and
principles codified in the Code of Conduct which Schenck Process is
committed to worldwide. The Code of Conduct can be downloaded from the
website of the Schenck Process Group. Schenck Process management and
employees are obligated to comply with these policies. For Schenck
Process, cooperation with business partners and suppliers requires
that they pursue the same social goals and ethical principles as
Schenck Process and its employees. The following Supplier Code of
Conduct serves to implement these corporate guidelines.
The Supplier Code of Conduct establishes definitive minimum standards
which Schenck Process obliges its business partners and suppliers,
their employees, representatives and subcontractors (hereinafter
referred to as „suppliers“ or „supplier“) to observe and comply with
in the course of their business activities.
Compliance with laws, regulations and rules
The supplier agrees to comply with all relevant and applicable laws,
rules and regulations, including, but not limited to, human rights,
safety, environmental and health regulations, as well as competition,
anti-money-laundering and data protection laws, in the countries in
which it operates, and will monitor and maintain compliance with such
laws, rules and regulations.
Respect for human rights, anti-discrimination
The supplier will treat all people with respect and fairness and
uphold human rights. These include, but are not limited to, the
prohibition of forced or child labor, rules on reasonable
compensation, benefits, working hours, freedom of association and
other fair working conditions in accordance with applicable laws.
The supplier also maintains a work environment free from
discrimination, harassment or other dishonest conduct based on gender,
age, color, ethnic or national origin, nationality, religion,
religious belief, physical or mental disability, sexual orientation or
other legally protected characteristics.
Anti-corruption
The supplier will ensure compliance with applicable anti-corruption
laws and regulations, including those relating to bribery abroad. In
particular, the supplier rejects any form of corruption, bribery,
theft, embezzlement or extortion. Nor does the supplier, under any
circumstances, offer, demand or accept illegal payments, such as
bribes or kickbacks, or any illegal and legal benefits, such as
incentives, gifts or favors, that are made to realize business
opportunities or are in any way related to the business activities
with Schenck Process.
Fair competition
The supplier is firmly committed to the principles of fair
competition. It will strictly comply with antitrust and competition
laws and will not tolerate participation in anti-competitive
practices. In this respect, the supplier will not enter into any
unlawful agreements or arrangements that affect the purpose of market
sharing or, for example, price, conditions, quantities or business
relations. Nor will it enter into agreements with competitors that are
unlawful under antitrust law.
Product safety, health and environment
The products manufactured and/or supplied and the services provided by
the supplier must comply with the quality and safety standards
prescribed by law.
The supplier is expected to ensure that products supplied to Schenck
Process do not contain metals or any other sensitive raw materials
derived from minerals or their derivatives originated from conflict
regions that directly or indirectly finance or benefit armed groups.
Moreover, the supplier will comply with applicable national health and
safety legislation and other applicable laws. It strives to provide a
work environment that promotes accident prevention and eliminates or
at least minimizes health risks to its employees.
The supplier shall operate in an environmentally responsible manner
and shall comply with all applicable national environmental laws,
regulations and standards in effect in the country in which the
products or services are manufactured. The supplier will have systems
in place to ensure the safe handling, movement, storage, recycling,
reuse and management of waste, air emissions and wastewater
discharges. Any of these activities that have the potential to
adversely impact human or environmental health will be appropriately
managed, measured, controlled and handled prior to release of any
substance into the environment. The supplier will have systems in
place to prevent or mitigate accidental spills and releases into the
environment. The supplier shall activtly inform Schenck Process of any
improvement potentials.
Data protection, confidential information and intellectual
property
The supplier shall comply with all applicable data protection laws.
In doing so, the supplier will ensure that any confidential
information or trade secrets that it becomes aware of during the
course of its business activities with Schenck Process will be kept
strictly confidential and will not be used improperly or disclosed to
third parties. The intellectual property of Schenck Process shall also
be protected and secured as confidential information and/or trade
secrets.
Import and export regulations
The supplier shall comply with all applicable national and
international trade laws and regulations, including, but not limited
to, applicable import and export control regulations, customs laws and
any sanction regulations. Upon request and where appliacable, the
supplier shall provide any required documentations and certificates
such as certificates of origin.
Supply chain compliance
The supplier shall ensure that all principles and requirements
described in this Supplier Code of Conduct are communicated to its
subcontractors, suppliers and throughout the value chain, and
encourage them to comply with the described social objectives and
ethical principles within the scope of fulfilling their contractual
obligations.
Violation of supplier`s code of conduct, reporting of
violations
The provisions of this Supplier Code of Conduct are essential for the
business relationship between Schenck Process and its suppliers.
Hence, it is an integral part of all contractual agreements with
suppliers of Schenck Process.
If the supplier does not comply with the Supplier Code of Conduct,
Schenck Process reserves the right to terminate the respective
business relationship subject to applicable laws and assert any other
rights.
The supplier is encouraged to report violations of the Supplier Code
of Conduct to Schenck Process. In the event of violations, Schenck
Process reserves the right to react appropriately depending on the
severity of the violation.
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