Our compliance policies focus in particular on the following topics:
- Anti-bribery/ anticorruption
- Fraud prevention/ conflicts of interest prevention
- Compliance with antitrust laws and guidelines
- Prevention of insider trading
- Data protection
- Export controls
- Supplier compliance
For our Group Compliance Program to succeed, it is important that members of our supply chain adhere to the same values, principles and rules as we do. Many of our customers value the fact that ANDRITZ is making tremendous efforts to ensure that our suppliers comply with our standards of integrity. Suppliers who support the same compliance values and rules will be preferred business partners of our global organization.
This is why we have established a Supplier Code of Conduct that summarizes our suppliers’ commitment to our Group Compliance Program. Any business partner who wishes to be a supplier to the ANDRITZ GROUP is requested to adhere to the Supplier Code of Conduct. Suppliers must also pass an onboarding procedure during which they have to answer a questionnaire and may be subject to compliance audits. Eventually we may also invite our suppliers’ employees working for ANDRITZ to pass an online training course designed especially for them.
For more information about Supplier Compliance, click here.
Should you have any questions concerning our Group Compliance Program or require support in compliance matters related to the ANDRITZ GROUP, please contact the ANDRITZ Group Compliance department.
Tax Compliance and Tax Behavior
Our commitment to tax compliance is in line with our broader dedication to responsible corporate citizenship. We firmly believe that businesses, as integral members of society, have a responsibility to contribute to the common good, and paying taxes is one of the fundamental ways through which we fulfill that responsibility.
The ANDRITZ Group’s Statement on Tax Behavior aims to give an insight on how ANDRITZ is handling tax matters, with focus on maintaining the highest level of tax honesty and compliance. Furthermore, this statement provides high-level information on approaches and principles regarding all tax matters within the ANDRITZ Group and describes the framework conditions we have set ourselves for dealing with all kinds of tax related matters. To provide an overall picture of how ANDRITZ acts in the world of taxes, this Statement does not only apply for corporate income taxes, but also for VAT, withholding taxes, customs duties, and all kinds of other taxes.