
Compliance with rules and ethically impeccable behavior, including the avoidance of corruption and bribery, form the basis for sustainable business development. Compliance management in the Schloss Wachenheim group is therefore geared towards ensuring that all management bodies and employees behave in a legally compliant and honest manner. In addition to compliance with applicable laws and regulations, our compliance management also includes standards and instructions on ethical and compliant behaviour among employees and towards third parties, as well as the avoidance of conflicts of interest, corruption and bribery, money laundering and compliance with rules on data and environmental protection, food safety and occupational health and safety.
In addition, the companies of the Schloss Wachenheim group are committed to respecting human rights in accordance with internationally accepted standards, such as the Universal Declaration of Human Rights and the principles of the United Nations Global Compact. Schloss Wachenheim AG is also a signatory of the “Charta der Vielfalt“. We also require our suppliers to behave with integrity and in compliance with regulations.
In cases of doubt, we give our employees the opportunity to seek internal advice on compliance issues. A network of selected managers is available for this purpose, who can also draw on other internal resources or external consultants if necessary. In addition, Schloss Wachenheim AG has implemented a compliance committee in which managers from all areas are represented. At its quarterly meetings, there is a regular exchange on compliance-related topics and issues.
In addition, suspected or actual violations of laws, regulations and internal guidelines can also be reported via our whistleblower systems using various communication channels and anonymously if desired. Such reports are investigated without exception. No whistleblower has to fear any disadvantages as a result of reporting potential misconduct in good faith; the applicable regulations on whistleblower protection are always observed.
The aim of our measures is to completely prevent significant compliance incidents, i.e. violations with considerable financial damage and reputational risks, within our group companies.