Corporate Compliance | Schauenburg Hose Technology Group

Compliance Guidelines

Schauenburg Hose Technology Group

The Schauenburg Hose Technology Group is committed to a high standard of integrity and ethical responsibility. Our compliance guidelines serve to ensure that all employees, partners and business units act in accordance with applicable laws and ethical principles.

Key Importance for the Group

Compliance means adhering to legal, regulatory and internal requirements as well as ethical standards. For the Schauenburg Hose Technology Group, compliance is not just a legal obligation, but a fundamental part of our corporate culture. By consistently adhering to regulations and standards of conduct, we ensure the integrity of our business processes and strengthen the trust of our customers, partners and employees.

Writer

Dr. Marius Alfs (Managing Director | CEO)

“At the Schauenburg Hose Technology Group, ethical conduct, transparency and responsibility are at the heart of our activities. For us, compliance is not just a legal requirement, but a lived principle that is anchored in everything we do. By strictly adhering to the applicable laws and standards, we ensure that the Group and its subsidiaries are perceived as trustworthy partners in the industry and in society. It is our common goal to create an environment in which ethical values and legal requirements go hand in hand and our long-term success is based on a firm foundation of trust and responsibility.”

Our Compliance Guidelines

The Schauenburg Hose Technology Group is committed to a high standard of integrity and ethical responsibility. Our compliance guidelines serve to ensure that all employees, partners and business units act in accordance with applicable laws and ethical principles. These guidelines provide clear guidance to ensure that our business processes are transparent and fair.

All employees of the Schauenburg Hose Technology Group are obliged to act with honesty, fairness and integrity in all business dealings. Bribery, corruption and any other form of unethical behavior are strictly prohibited.

No bribery or corruption: It is prohibited to accept or offer gifts, payments or other inducements that could influence the independence of business decisions.
Conflicts of interest: Employees should ensure that private interests do not conflict with the interests of Schauenburg Hose Technology Group. All conflicts of interest must be disclosed.

The Schauenburg Hose Technology Group is committed to complying with all applicable laws and regulations in the countries in which we operate.

Anti-discrimination: All employees must ensure that discrimination based on gender, age, ethnic origin, religion or other personal characteristics is not tolerated in any form.
Competition law: It is prohibited to engage in anti-competitive behavior such as price fixing or market manipulation. Labor law: All statutory provisions on labor law, such as working hours, minimum wages and safety regulations, must be observed.

The Schauenburg Hose Technology Group is committed to the responsible use of natural resources and the promotion of sustainable practices.

Environmental protection: All production processes must be designed to minimize negative effects on the environment. Waste management, recycling and resource conservation are essential components of our actions.
Sustainability: We promote sustainable development by selecting suppliers who use environmentally conscious and ethical production methods.

The protection of personal data and the security of confidential information are of paramount importance.

Data protection: All employees must ensure that personal data is protected and treated confidentially in accordance with the applicable data protection laws (e.g. GDPR).
IT security: All employees are obliged to follow the security guidelines when handling company data and IT systems in order to prevent cybercrime and data loss.

We promote a culture of open communication and transparency in all areas of our company.

Internal reporting: All financial, operational and strategic information must be reported correctly and in good time to the relevant departments.
Whistleblower system: Employees can and should report any breaches of these compliance guidelines anonymously. There is no fear of negative consequences for whistleblowers.

The Schauenburg Hose Technology Group takes responsibility for the social impact of its business activities and is committed to social projects.

Social responsibility: We support initiatives that contribute to the common good and the promotion of education, health and social projects.
Business ethics: Our business practices and relationships with suppliers and partners are based on ethical standards to ensure that the Schauenburg Hose Technology Group contributes to the positive development of society.

Managers have a special responsibility to promote these compliance guidelines and ensure that all employees understand and adhere to them.

Role model function: Managers must act as role models in ethical matters and clearly communicate the importance of adhering to compliance guidelines in all business areas.
Training: All employees are expected to receive regular training on relevant compliance issues.

The Schauenburg Hose Technology Group has implemented mechanisms to monitor adherence to these compliance guidelines.

Regular audits: Regular audits and reviews are conducted to ensure that all policies are being adhered to.
Disciplinary measures: Violations of these guidelines may result in disciplinary action up to and including termination of employment.

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