BESSEY Group – Code of Conduct

We respect and comply with all applicable laws, regulations and internal company guidelines. This includes the cultural values and customs of all countries in which BESSEY operates. We do not tolerate behavior that contravenes the law or contractual obligations.

We create a working environment based on respect, appreciation and openness. Discrimination, harassment or unfair treatment on the grounds of skin color, gender, origin, age, religion, disability, marital status, sexual orientation or nationality will not be tolerated.

We communicate honestly; act responsibly and always behave in a trustworthy manner towards colleagues, customers and business partners.

We are committed to fair markets and reject any form of unfair or breach-of-contract behavior. The following are specifically prohibited:

• Agreements on prices, terms and conditions or market share

• Sharing sensitive information with competitors (e.g. prices, margins, discounts, sales figures)

• Influencing distributors when setting prices

• Abuse of a dominant market position
   

Corruption, bribery or any Form of granting unlawful advantages are strictly prohibited.

Gifts and invitations
Small, appropriate gifts are only permitted if no consideration is expected in return. Employees must not demand or accept any personal advantages, either for themselves or for their close associates. Note: Gifts exceeding $50 should be reported and may be permissible and approved; tax regulations must be observed – also for small gifts.

Conflicts of interest
Potential or actual conflicts of interest must be disclosed to enable a transparent resolution.

An open and complete flow of information is crucial to our success. Information must not be withheld, distorted or disclosed selectively.

Confidential information
Trade secrets and business secrets must be protected and may only be disclosed where authorized to do so. This obligation remains in force even after the employment relationship has ended.

Data protection
Personal data must only be collected, processed or disclosed in accordance with legal provisions.

Documentation
All business transactions must be documented fully, accurately and transparently.

Company resources
Resources such as material, working hours, tools, software, data or intellectual property must be used responsibly and exclusively for business purposes.

The outstanding quality, safety and reliability of our innovative products define who we are. We are committed to innovation, continuous improvement, high quality standards and the consistent application of quality management systems. Every employee bears responsibility for this.

Human Rights
We respect international human rights standards and reject any form of forced or child labor.

Working Conditions
We recognize our employees’ right to join trade unions and to form employee representative bodies. Remuneration meets at least the statutory and sector-specific requirements. We respect internationally recognized human rights and support their observance.

Health and Safety
Safety at work is our top priority. We integrate health and safety measures into all processes and aim to completely prevent accidents at work.

Environmental Protection
We are committed to the fundamentally responsible use of resources and the protection of the environment and climate. Statutory environmental standards are met or exceeded. Every employee contributes to sustainability through their behavior.

The Code of Conduct is an integral part of our corporate culture. Every manager acts as a role model – through their behavior and by supporting their teams in adhering to the rules. Breaches of the law or of this Code of  Conduct will not be tolerated, regardless of position or role.

Guidance for difficult decisions

Ask yourself the following questions:

• Is my decision lawful and does it comply with company rules?

• Am I acting in the best interests of the company and free from any personal advantages?

• Could my decision be communicated openly – without any negative consequences?

• Does my behavior help to protect BESSEY’s reputation?
   

If you are unsure, managers, the HR department and senior management are available to advise you.