Source: https://w5.siemens.com/cms/supply-chain-management/en/sustainability/Pages/sustainability.aspx
Timestamp: 2019-07-18 05:48:24
Document Index: 60764367

Matched Legal Cases: ['art 1', 'art 2', 'art 3', 'art 4', 'art 5', 'art 6', 'art 7', 'art 8', 'art 9', 'art 10', 'art 11', 'art 12', 'art 13', 'art 14', 'art 15']

Sustainability in the Supply Chain - Home - Siemens
Code of Conduct | Part 1:
Seize opportunities, minimize risks, live our values. For us, sustainability means acting responsibly on behalf of future generations in order to achieve economic, environmental and social progress. The global Megatrends – demographic change, urbanization, climate change, globalization and digitalization– are affecting and defining lives and economies throughout the world. These gamechanging forces are shaping our business by creating new forces are shaping our business by creating new markets and opening up valuable new opportunities. Yet they also harbor significant risks that need careful management. Only a value-based, sustainability-driven company committed to living its principles can minimize these risks and master these challenges to optimally leverage
Code of Conduct | Part 2:
Legal compliance, anti-corruption and fair competition
Siemens conducts business responsibly and in compliance with the legal requirements and governmental regulations of the countries in which we operate. Therefore, the company will under no circumstances tolerate illegal or non-compliant behavior. We have set ourselves globally-binding principles and guidelines that require all employees and managers to behave in an ethical, law-abiding manner. Equally, Siemens expects its suppliers to comply with all applicable laws and regulations, in particular in the field of anti-corruption and antitrust.
Code of Conduct | Part 3:
Employees should act in the best interest of their company. Accordingly, employees should have no relationship, financial or otherwise, with anyone that conflicts, or appears to conflict, with the employees’ obligation to act in the best interest of their company. Therefore, it should be our common goal to avoid situations of conflicts of interests and to create higher awareness.
Code of Conduct | Part 4:
Respect for fundamental employment rights
Code of Conduct | Part 5:
Code of Conduct | Part 6:
Siemens expects its suppliers to take responsibility for the health and safety of their employees.
Code of Conduct | Part 7:
Siemens expects its suppliers to act in accordance with the applicable statutory and international standards regarding environmental protection in order to minimize adverse environmental impacts and make continual improvements in environmental protection.
Code of Conduct | Part 8:
For our suppliers too, a large proportion of the value added is generated in the supply chain. It is therefore important to us that our suppliers take active steps to promote and implement compliance with our Code of Conduct or their own equivalent code of conduct in their supply chain.
Code of Conduct | Part 9:
Until the present day, trade in Conflict Minerals has been affected by many violent conflicts. We have rolled out a uniform and enterprise-wide process to determine the use, source and origin of Conflict Minerals in our supply chain. We work closely with our direct suppliers to support us in carrying out these steps.
Code of Conduct | Part 10:
Siemens’ global activities entail collaboration with many different partners all over the world. Mutual trust is essential to these relationships. Under anti-corruption laws Siemens can be held liable for the conduct of third party intermediaries such as sales agents, customs brokers, specific distributors, and consortium partners.
For third party intermediaries Siemens has implemented a special “Business Partner Compliance Due Diligence Process”. This process and the description below apply to third party intermediaries regardless if the intermediary is also involved in the Siemens procurement process.
Code of Conduct | Part 11:
Siemens operates in areas of business that are of major importance for today‘s society. These areas are all closely aligned with the guiding objectives of business sustaina- bility: greater security, more efficient use of resources, and long-term environmental and social compatibility.
This chapter only applies to suppliers which are involved in the Siemens procurement process.
Code of Conduct | Part 12:
Sustained compliance with the responsibilities and principles of the Code of Conduct for Siemens Suppliers is checked by Siemens using the following methods: Corporate Responsibility self-assessment, supplier quality audit with Corporate Responsibility Module and Incident Driven Inspection.
Code of Conduct | Part 13:
Consequences of deviations
In the case of deviations from the Code of Conduct, Siemens and the supplier will agree to implement sustainable measures for improvement within a suitable time frame.
Code of Conduct | Part 14:
It is especially important to us that we build up our suppliers’ long-term skills, so we can rise to the future challenge of sustainable development together. It is not sufficient to solely implement the principles of sustainability within Siemens, but we need to make sure that our supply chains follow the same rules. Therefore, the principles of sustainability must be known, accepted, obeyed and confirmed by all our suppliers.
For third party intermediaries Siemens provides specific trainings.
Code of Conduct | Part 15:
Reporting of possible misconduct To justify the trust placed in Siemens by customers, suppliers, shareholders, employees and other stakeholders of the company, we place the highest priority on the integrity and transparency of our business processes. Therefore, it is essen- tial that Siemens obtains knowledge of any compliance violations, in particular violations of the Siemens Business Conduct Guidelines. Reliable reporting channels for internal and external stake- holders are indispensable for effective compliance, because they help ensure that possible misconduct is reported, thoroughly investigated and brought to light.