Compliance in the NETZSCH Group
Code of Conduct
What does Compliance mean?
For us Compliance means to comply with the internal regulations as well as national and international law. We expect this from every NETZSCH Employee. Short-term goals must not be weighed against Compliance. Under internal regulations we understand any company-internal guidelines, both formally written down or established by practice.
Why do we need Compliance?
To act in compliance with the law and companyinternal rules and regulations should need no explanation, especially since we are a family-owned company bound to the ethic and moral requirements of our Shareholders. Furthermore Compliance Infringements can cause considerable costs. Hence Compliance makes sense also for economical points of view, both for every individual employee and for the company.
How can we achieve Compliance?
Compliance has to be effected from both sides, the organisation and every individual employee. For this purpose the Management delegates Compliance Tasks to several specialists. Nevertheless Compliance is an executive function, the responsibility cannot be delegated downwards. The supportive Compliance Process has been formulated in this way that the compliance with the relevant regulations can be realised by every employee and manager and random checks can be made. The Shareholders and all Managing Directors of the NETZSCH Group expect that every employee acts in compliance with the law. The provided Code of Conduct can be a basic parameter, but cannot cover all laws and therefore can never be complete. Should you have doubts, simply act with a clear conscience and contact your direct superior or Compliance Officer.