3. KEY POINTS OF SOCIALLY RESPONSIBLE CORPORATE GOVERNANCE
The undersigned company actively works to ensure that the values and principles set out below are observed and adhered to in the long term.
3.1 COMPLIANCE WITH THE LAW
The undersigned company complies with the applicable laws and regulations of the countries in which it operates. For countries with weak institutional frameworks, it carefully examines which good business practices from the home country should be applied in support of good corporate governance.
3.2 INTEGRITY AND ORGANIZATIONAL GOVERNANCE
3.2.1 The undersigned company bases its actions on generally accepted ethical values and principles, in particular integrity, integrity, respect for human dignity, openness and non-discrimination of religion, ideology, gender and ethics.
3.2.2 The undersigned company rejects corruption and bribery in accordance with the relevant UN Convention2. It promotes transparency, integrity and responsible management and control in the company in an appropriate manner.
3.2.3 The undersigned company follows clean and recognized business practices and fair competition. In competition, it focuses on professional conduct and quality work. It treats the supervisory authorities in a spirit of partnership and trust. It also complies with the requirements of the'Guidelines for our association's work - Information for action in the ZVEI in conformity with antitrust law'.
3.3 CONSUMER INTERESTS
As far as consumer interests are concerned, the undersigned company complies with consumer protection regulations and appropriate sales, marketing and information practices. Particularly vulnerable groups (e.g. youth protection) enjoy special attention.
The undersigned company communicates openly and in a dialogue-oriented manner about the requirements of this CoC and its implementation to employees, customers, suppliers and other interest and stakeholder groups. All documents and records are dutifully prepared, not unfairly altered or destroyed and properly stored. Trade secrets and business information of the partners are treated sensitively and confidentially.
3.5 HUMAN RIGHTS
The undersigned company is committed to the promotion of human rights. It respects human rights in accordance with the UN Charter of Human Rights3, in particular those listed below: