Integrity beyond a doubt at all times
For many years, the top management of the ANDRITZ GROUP has made it crystal clear to all directors, managers and employees that business must be conducted in an ethical manner and in compliance with laws and internal rules.
We also consider it a key part of our social responsibility to incorporate sustainability goals into our products and the way we operate our businesses. In other words: our business culture requires that our integrity be maintained beyond a doubt at all times.
The Group Compliance Organization
We have established an ANDRITZ Group Compliance Organization to address a number of key subjects and provide ongoing global coverage in all regions in which we operate. The mission of the Group Compliance Organization is to ensure that risk assessments are carried out and that compliance policies and procedures are implemented and improved. In addition, it conducts internal and external audits to assess the effectiveness of rules and make further improvements. We encourage employees, business partners, and stakeholders to raise any concerns they may have. We have therefore created channels for communicating with us, including the possibility of using an anonymous whistleblowing tool.
Together, all aspects of our Group Compliance Program contribute to ensuring the effectiveness of our Compliance Management System. It is founded upon international recognized standards, based on a dynamic system that functions on the cornerstones of:
Risks assessment - Prevention - Detection - Sanction - Improvement
The Code of Business Conduct and Ethics
ANDRITZ has developed a number of compliance policies and business processes, all of which are based on the ANDRITZ Code of Business Conduct and Ethics (“Code of Conduct”). Our Code of Conduct is available in 13 languages. All employees receive a copy of the Code of Conduct as well as mandatory training on it. Thousands of compliance trainings are carried out every year across the globe – online and face-to-face – so that newcomers to the ANDRITZ world can embrace our values and long-term employees can refresh their knowledge. The revision of the code in 2019 was taken as an opportunity to launch a video with its content:
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.