Social responsibility at Galltec Mess- und Regeltechnik GmbH, Bondorf

Preamble

At Galltec Mess- und Regeltechnik GmbH, we are committed to our social responsibility throughout our business activities. This Code of Conduct on Social Responsibility (hereinafter referred to as “CoC”) provides detailed guidelines as to what this entails. The contents of this CoC, which are based on the Code of Conduct developed by the ZVEI, express the values which underpin the business activities of Galltec Mess- und Regeltechnik GmbH.

1. Fundamental understanding of socially responsible corporate governance

This CoC is based on a fundamental understanding of socially responsible corporate governance. For Galltec Mess- und Regeltechnik GmbH, this means assuming responsibility by considering the consequences of our business decisions and actions in economic, technological, social and ecological terms, and by achieving an appropriate balance of interests.

Galltec Mess- und Regeltechnik GmbH voluntarily contributes to the welfare and sustainable development of global society to the extent possible within our sphere of influence. We are guided by generally accepted ethical values and principles, in particular integrity, honesty and respect for human dignity.

2. Scope

2.1 This CoC applies to all our subsidiaries and business units worldwide.
2.2 Galltec Mess- und Regeltechnik GmbH is committed to encouraging our suppliers and the value chain beyond to comply with the contents of this CoC to the extent possible within their respective spheres of influence.

3. Key points of socially responsible corporate management

Galltec Mess- und Regeltechnik GmbH actively works to ensure that the values and principles set out below are observed and complied with in the long term.

3.1 Compliance with the law
Galltec Mess- und Regeltechnik GmbH complies with the applicable laws and other legal provisions of the countries in which we operate.
In countries with weak institutional frameworks, we carefully examine which good corporate practices from our home country can be applied in support of good governance.

3.2 Integrity and organisational governance
3.2.1 The actions of Galltec Mess- und Regeltechnik GmbH are based on universally valid ethical values and principles, in particular integrity, honesty, respect for human dignity, openness and non-discrimination on religious, ideological, gender or ethnic grounds.

3.2.2 Galltec Mess- und Regeltechnik GmbH rejects corruption and bribery.

3.2.3 Galltec Mess- und Regeltechnik GmbH pursues clean, recognised business practices and fair competition. When in competition, we are committed to professional conduct and high quality work.

3.3 Consumer interests
Insofar as consumer interests are affected, Galltec Mess- und Regeltechnik GmbH adheres to consumer protection regulations and appropriate sales, marketing and information practices.

3.4 Human rights
Galltec Mess- und Regeltechnik GmbH is committed to promoting human rights.
We respect human rights in accordance with the UN Universal Declaration of Human Rights, in particular the following:

3.4.1 Privacy
Protection of privacy.

3.4.2 Health and safety
Maintaining health and safety at work, in particular ensuring a safe and healthy working environment in order to prevent accidents and injuries.

3.4.3 Harassment
Protection of employees from physical punishment and from physical, sexual, psychological or verbal harassment or abuse.

3.4.4 Freedom of opinion
Protection and guarantee of the right to freedom of opinion and expression.

3.5 Working conditions
Galltec Mess- und Regeltechnik GmbH has a binding obligation to comply with the law and legal rights. From the company’s point of view, this includes not only compliance with legal regulations but also the obligation to observe basic ethical and social rules on work and occupational safety. This includes in particular the following:

3.5.1 Remuneration
Labour standards regarding remuneration, in particular the level of remuneration in accordance with applicable laws and regulations.

3.5.2 Non-discrimination
Non-discriminatory treatment of all employees.

3.6 Environmental protection
Galltec Mess- und Regeltechnik GmbH complies with the regulations and standards for environmental protection which apply to our various operations, and acts in an environmentally conscious manner at all our locations.

3.7 Civic engagement
Galltec Mess- und Regeltechnik GmbH contributes to the social and economic development of the country and the region in which we operate.

4. Implementation and enforcement
Galltec Mess- und Regeltechnik GmbH makes all suitable and reasonable efforts to continuously implement and apply the principles and values described in this CoC.