Corporate Compliance
Our company stands for social responsibility towards our own company, customers, suppliers, society and the environment.
FOREWORD
The company Hailo Wind Systems GmbH & Co. KG is committed to its social responsibility worldwide, which is summarized under the term “Corporate Compliance”. In particular, the company bears responsibility towards its own company, customers, suppliers, society and the environment as part of its business activities.
All employees have contractually undertaken to comply with the following principles of Hailo Wind Systems (hereinafter also referred to as the “company”). This Code of Conduct exists in addition to the corporate principles of the Joachim Loh Group (JLU Group):
I. GENERAL PRINCIPLES OF THE CODE OF CONDUCT
Basic Understanding
The company acknowledges its social and societal responsibility and is committed to fulfilling this responsibility in all its business activities.
Law and Regulation
The company is committed to complying with all applicable laws and relevant regulations in the countries in which it operates. Business partners are to be treated fairly. Contracts are to be honored, taking into account changes in circumstances. The company complies with competition laws, in particular antitrust regulations and other laws governing fair competition.
Values and Principles
The company is guided by Christian and universally accepted ethical values and principles—especially integrity, honesty, respect for human dignity, openness, and non-discrimination based on religion, belief, gender, or ethnicity. The company rejects corruption and bribery in accordance with the 2005 UN Convention and promotes transparency, integrity, responsible management, and corporate governance.
II. PRINCIPLES OF SOCIAL AND SOCIETAL RESPONSIBILITY
Human Rights
The company respects and supports the observance of internationally recognized human rights, particularly as outlined in the UN Universal Declaration of Human Rights (Resolution 217 A (III), December 10, 1948).
Non-Discrimination
The company rejects any form of discrimination within the scope of applicable laws, especially based on race, ethnic origin, or gender.
Health and Safety
The company ensures occupational safety and health protection according to national regulations. Employers provide safe and healthy working conditions that at a minimum meet legal standards. The company promotes continuous improvement in the working environment.
Working Hours
The company complies with legal standards regarding maximum working hours and compensation.
Compensation
Compensation including wages, overtime, and benefits meets or exceeds the legally defined minimum standards.
Harassment
Employees are not subjected to any physical punishment or any other form of physical, sexual, psychological, or verbal abuse or harassment.
Child and Forced Labor
The company does not tolerate any form of child or forced labor. If such practices are discovered, for example among suppliers, they must be reported and corrected immediately.
Transparency and Consumer Dialogue
The company recognizes consumers’ rights to relevant product and process information needed for informed purchasing decisions. Such information is to be made available whenever possible.
Corporate Citizenship
The company contributes positively to the communities in which it operates and supports volunteer work by employees and management.
Environment
The company is committed to environmental sustainability for current and future generations. It uses environmentally friendly practices and continuously improves them, complies with applicable environmental laws, and responsibly manages natural resources.
Communication
The company communicates openly about the requirements and implementation of this Code of Conduct to employees, customers, suppliers, and stakeholders.
III. PRINCIPLES OF FAIR COMPETITION
Anti-Corruption
The company strictly separates personal interests from business interests in dealings with partners and authorities. Decisions are made free of irrelevant considerations or personal interests. Anti-corruption laws must be followed. Gifts, payments, invitations, or services intended to improperly influence a business relationship or compromise professional independence are not allowed. Exceptions include business courtesies that are customary and appropriate.
IV. SCOPE, IMPLEMENTATION, SUPPLIERS
Scope
This Code of Conduct applies to all branches and business units of Hailo Wind Systems GmbH & Co. KG.
Implementation and Compliance
The company ensures employees are aware of the Code and its obligations and implements suitable measures to ensure compliance.
Suppliers
The company ensures that direct suppliers are aware of the Code’s principles and demands compliance from them.
CORPORATE RESPONSIBILITY
A consistent corporate culture based on shared values and mutual respect is the foundation of our actions and acknowledgment of our social responsibility. Every employee helps ensure corporate compliance is upheld at all times.
- We recognize our social responsibility and value respectful interactions with colleagues, customers, suppliers, and competitors.
- All employees adhere to our compliance rules, Code of Conduct, and corporate principles.
- We support the rule of law, gender equality, ethical values, environmental protection, and sustainability for future generations.
- We respect human rights, reject discrimination and corruption, uphold occupational health and safety, and encourage civic and volunteer engagement.
- We aim to authentically and positively represent the company in line with our corporate identity.
Effective as of: Haiger, January 1, 2018
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