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Principles and Management

Principles and Management

Prerequisites for Sustainable Corporate Success

Responsible corporate action requires resilient principles and a clear frame of reference. Siemens has anchored Corporate Responsibility in its Corporate Strategy. Our values set the standards of behavior for management and employees. We have clearly regulated essential areas of our behavior through our internal guidelines, compliance with which is monitored by the Siemens Compliance Program in just the same way as observation of laws and regulations. We manage our risks with the goal of avoiding or limiting them. We want our relationships with our stakeholders to be open, honest and reliable.

 

Our Values and Vision

Siemens Corporate philosophy can be summed up by our three core values: responsible, excellent and innovative. They serve as a guide to flawless business conduct for our management and our employees and at the same time form the basis of our visions. more

 

Our Guidelines

As a global company, we believe that profitability must go hand in hand with compliance with laws and regulations, a sense of responsibility towards our employees and responsible interaction with the environment. We have therefore introduced clear guidelines for management and employee conduct in these areas. more

 

Risk Management

Our risk management policy stems from a philosophy of pursuing sustainable growth and creating economic value. In doing this, we endeavor to avoid or, at least, to manage inappropriate risks. more

 

International Guidelines

Recommen­dations and standards are directed toward member states rather than individual companies. Nonetheless, they also serve as guiding principles for global companies like Siemens as well as for the behavior of our employees. more

 

Integration into Corporate Strategy

As one of the levers of the Siemens corporate program, Fit42010, Corporate Responsibility is an integral part of our corporate strategy. more

 

Stakeholder Relationships

Our actions as a company affect the lives of many millions of people – at more than 2,000 different locations in more than 190 countries. Honesty, openness and reliability are the standards which we apply to our contact with our stakeholders. more

 

Corporate Governance

Good Corporate Governance forms the basis of our decision-making processes and is a main pillar of our company program Fit42010. It stands for effective management and control of our company, respect for shareholder's rights and comprehensive transparency to the capital market. mehr

 
 
 

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