CODE OF CONDUCT AND SUSTAINABILITY
LOYALITY – SAFETY – INTEGRITY – RESPECT
March 1, 2023
The KRAIBURG Group (“KRAIBURG”) conducts its global business in compliance with all applicable national and supranational laws and regulations as well as applicable international conventions, and it prevents violations of law. KRAIBURG undertakes to act upon the highest ethical standards and treat others with respect and integrity in accordance with the principles of this Code of Conduct and in line with the UN Universal Declaration of Human Rights, the principles of the UN Sustainable Development Goals (SDGs), the UN Global Compact, the principles of the International Labor Organization (ILO), the OECD Guidelines for Multinational Enterprises, the Supply Chain Due Diligence Act for the prevention of human rights violations in supply chains (Lieferkettensorgfaltspflichtengesetz – LkSG),
DIN ISO 9001, DIN ISO 14001 and DIN ISO 50001.
This Code of Conduct applies to all suppliers, customers and other business partners of KRAIBURG (hereinafter referred to as “business partners”) as well as their management boards, employees and subcontractors. They are encouraged to also comply with this Code of Conduct and the related principles. All business partners are expected to carefully read this Code of Conduct and to sign it and to act within these rules. Business partners undertake to request their suppliers to comply with the principles and rules of this Code of Conduct.
The prerequisite for a business partnership with KRAIBURG is the confirmation of, compliance with and signing of this Code of Conduct or the presentation of a separate code of conduct based on the same fundamental principles. KRAIBURG reserves the right to update the Code of Conduct if necessary and expects its business partners to accept such amendments. The individual purchasing guidelines of the KRAIBURG subsidiaries are automatically part of this agreement. KRAIBURG does not
tolerate violations of this Code of Conduct.
Competition and the free market economy are essential elements of a free society. Their protection is in the interests of KRAIBURG and its business partners. Management board, employees and subcontractors must also comply with the applicable European and international competition and antitrust laws. In particular, the following is not permitted:
- Fixing of prices, price increases and other pricing parameters (discounts, allowances,
- payment terms, etc.)
- Exchanging non-public sensitive market information, such as turnovers, prices, strategies,
- customer data or market shares between competitors
- Partitioning of markets, particularly allocating customers and sales territories to each other
- Non-solicitation and exclusivity obligations, unless they are exempted from antitrust regulations
- Price maintenance obligations that oblige the customer to resell at minimum or fixed prices
- Abuse of a dominant market position
- Bid rigging in public and private bidding procedures
ENVIRONMENTAL AND CLIMATE PROTECTION
KRAIBURG sets ambitious goals for reducing CO2e emissions at all its sites worldwide. To achieve these goals, appropriate climate programs with reduction measures are being developed. Based on the principles of the Global Compact, the objectives of the Paris Climate Agreement and the provisions of Section 2 Subsection 3 Nos. 1–8 of the Supply Chain Due Diligence Act, KRAIBURG and its business partners assume social and ecological responsibility towards long-term environmental and climate protection.
KRAIBURG and its business partners seek to conduct their business activities in an ecologically sustainable manner and comply with all applicable laws and regulations for the protection of the environment. When selecting new business partners and raw materials, developing new products, operating production facilities, in packaging, transport and logistics as well as throughout the product life cycle (cradle-to-grave), attention is paid to keep any resulting impact on society, environment and climate as low as possible. All employees are therefore obliged to protect soil, water, air, biological diversity and cultural assets. Environmental damage must be avoided by using appropriate environmental protection measures consistent with the applicable laws. Resources must not be wasted. An environmental management system in line with ISO 14001 or a comparable system shall be put into force and a climate strategy shall be developed.
EQUAL OPPORTUNITY, ANTI-DISCRIMINATION AND RESPECTFUL CONDUCT
All KRAIBURG employees and business partners treat other people, especially those with different origins and experience, with respect and integrity. Discrimination based on ethnic origin, gender, religion, world view, age, sexual or political orientation as well on any kind of disability will not be tolerated. KRAIBURG and its business partners stand for an open-minded, upright and tolerant company culture and are committed to the protection of human rights. Employees must not be subjected to physical, mental, sexual or verbal harassment or assault.
Europe, Middle East, Africa
KRAIBURG TPE GmbH & Co. KG
Friedrich-Schmidt-Str. 2, 84478 Waldkraiburg