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Compliance

Compliance

Zero tolerance for non-compliant behavior

We conduct our business responsibly and in compliance with the laws and regulations of all the countries where we do business. The company does not tolerate illegal and unethical behavior. We have established binding company guidelines that require all our managers and employees worldwide to behave ethically and in conformity with the law. These guidelines are the basis of our work and the relationships of our employees with one another as well as with our customers and partners.

In the wake of the accusations leveled at individual company employees at the end of 2006 (suspicion of breach of trust, bribery and tax evasion), Siemens initiated comprehensive measures to ensure full compliance at the company.

 

Investigations

A comprehensive investigation of past compliance cases is currently underway. The company has promised its full support. Related information is available in Siemens’ financial reports, press releases, and other sources. more

 

Measures

In the wake of the accusations leveled at individual company employees at the end of 2006, Siemens initiated comprehensive measures to ensure full compliance at the company. more

 
 

Compliance Program

Siemens’ Compliance Program anchors ethical and legal behavior throughout the company. It includes clear instructions to all employees to comply with all applicable laws. It also contains additional regulations regarding, for example, the processing of payments and proper dealings with business consultants. To implement the Compliance Program, Siemens has not only set up a worldwide compliance organization but also a system to verify adherence to the program.

Guidelines and other Regulations more

Implementation of the Compliance Program more

Monitoring of the Compliance Program more

 

Ombudsman

Employees and third parties can contact the external ombudsman on a confidential and anonymous basis if they have noticed any improper business practices in the company. more

 

HelpDesk

The Compliance Helpdesk „tell us“, offers Siemens employees or managers as well customers, suppliers and other Siemens business partners the opportunity to submit reports about violations of the Siemens Business Conduct Guidelines 24/7 all over the world – secure and confidential more

 
 
 

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