Code of Conduct

Petermann Technik Code of Conduct

1. PREAMBLE

 

PETERMANN-TECHNIK GmbH is committed to its social responsibility, regardless of whether it operates in Germany, Europe or other parts of the world. Driven by a responsible awareness of the social, ecological and economic organisation of the entire value chain, it faces up to the challenges of an increasingly networked and global economy.

In order to fulfil these guidelines, a Code of Conduct has been drawn up as a guideline for entrepreneurial action, which is applied throughout the company.

The Code of Conduct is based on the internationally recognised principles for the protection of human and labour rights, as expressed in the United Nations Universal Declaration of Human Rights, the ILO core labour standards, the UN Guiding Principles on Business and Human Rights and the OECD Guidelines for Multinational Enterprises.

In addition, the Code of Conduct is based on relevant international agreements on environmental protection.

These agreements under international law are generally binding on states - not companies; their enforcement is the responsibility of the state. PETERMANN-TECHNIK GmbH supports the goal of enforcing human rights, labour, social and environmental standards in economic value creation processes by basing its business activities on the principles formulated in these international agreements.

 

2. BASIC UNDERSTANDING OF SOCIALLY RESPONSIBLE CORPORATE GOVERNANCE

 

Eiobeying the law and legislation

PETERMANN-TECHNIK GmbH complies with the laws and regulations of the countries in which it operates. It takes care - especially in countries with a weak state structure - to comply with the principles of this Code of Conduct in its own actions and also encourages its business partners to do the same.

If existing national regulations contradict the content of the Code or the national context makes it impossible to fully comply with the responsibility to respect human rights, PETERMANN-TECHNIK GmbH will find ways to nevertheless uphold the principles of internationally recognised human rights and the content of this Code of Conduct.

 

3. CONTRIBUTION TO SOCIETY

 

PETERMANN-TECHNIK GmbH sees itself as part of the societies in which it does business. Through its business activities, it contributes to their well-being, promotion and sustainable development. PETERMANN-TECHNIK GmbH takes into account the direct and indirect effects of its business activities on society and the environment and endeavours to achieve an appropriate balance of interests in economic, social and ecological terms.

It respects and accepts the different legal, societal, cultural and social backgrounds of the countries in which its value chain extends and recognises their structures, customs and traditions. If these conflict with the principles laid down here, PETERMANN-TECHNIK GmbH will enter into dialogue with its business partners and work towards understanding and acceptance.

 

4. ETHICAL BUSINESS PRACTICES AND INTEGRITY

 

PETERMANN-TECHNIK GmbH pursues legal business practices in compliance with fair competition, industrial property rights of third parties and antitrust and competition law regulations. It rejects all forms of corruption and bribery and promotes principles of responsible corporate governance such as transparency, accountability, responsibility, openness and integrity in an appropriate manner. Business partners are treated fairly. Contracts are honoured unless the framework conditions change fundamentally. General ethical values and principles are respected, in particular human dignity and internationally recognised human rights.

 

5. RESPECT FOR HUMAN RIGHTS

 

The protection of human rights is the duty of the respective states in which companies are economically active. PETERMANN-TECHNIK GmbH will respect human rights in support of the state's duty to enforce human rights on its territory. Through its activities, the company will avoid infringing on the human rights of others. It is not involved in any human rights violations.

 

6. LABOUR RIGHTS AND CONDITIONS

 

PETERMANN-TECHNIK GmbH observes the core labour standards of the International Labour Organisation and creates a safe and humane working environment. Freedom of association and the right to collective bargaining. It respects the right of employees and employers to form organisations without prior approval and of their own choosing, which aim to promote and protect the interests of employees or employers, to join these organisations and to freely elect their representatives. It respects the right of employees and employers to engage in collective bargaining on pay and working conditions. Employees may not be disadvantaged in terms of their employment because of their membership of employee organisations.

PETERMANN-TECHNIK GmbH respects the right of its employees to lodge complaints without being disadvantaged in any way.

 

6.1 PROHIBITION OF FORCED LABOUR

 

PETERMANN-TECHNIK GmbH does not accept any economic activity based on forced or compulsory labour, debt bondage or serfdom. This includes any type of labour or service that is demanded of a person under threat of punishment and for which they have not voluntarily made themselves available.

 

6.2 PROHIBITION OF CHILD LABOUR AND PROTECTION OF YOUNG WORKERS

 

PETERMANN-TECHNIK GmbH is committed to the effective abolition of child labour. It observes the respective legal minimum age for admission to employment or work, which, according to the provisions of the International Labour Organisation, may not be less than the age at which compulsory schooling ends and may not be less than 15 years of age. PETERMANN-TECHNIK GmbH itself does not employ any employees under the age of 20 and does not cooperate with partners who do not comply with the respective labour laws and regulations applicable in their country. If PETERMANN-TECHNIK GmbH discovers child labour, the necessary measures for remedial action and social reintegration will be initiated, with the focus on the welfare and protection of the child.

 

6.3 PROHIBITION OF DISCRIMINATION IN EMPLOYMENT AND OCCUPATION

 

Any form of discrimination, exclusion or preference based on ethnic origin, skin colour, gender, religion, political opinion, national origin or social background that has the effect of nullifying or impairing equality of opportunity or treatment in employment or occupation shall be prohibited. Furthermore, the principle of equal pay for male and female workers for work of equal value shall apply.

 

6.4 WORKING HOURS

 

Unless applicable national laws or applicable collective labour agreements stipulate a lower maximum working time, the regular working time should not exceed 40 hours per week plus a maximum of 12 hours of overtime per week. Overtime shall be remunerated at least in accordance with the relevant statutory or collectively agreed regulations and its organisation should remain an exception. The companies grant their employees the right to rest breaks on every working day and observe the relevant public holidays. A day off must be granted after six consecutive working days.

 

6.5 WAGES

 

State or collectively agreed minimum wages must not be undercut. PETERMANN-TECHNIK GmbH recognises that in countries without a collectively agreed or statutory wage framework, wages for regular full-time work should be sufficient to meet the basic needs of employees. At the same time, it recognises that companies cannot ensure a dignified existence on their own and that supplementary state benefits and other social protection measures may be necessary.

 

CODE OF CONDUCT - DOWNLOAD

 

CODE OF CONDUCT PETERMANN-TECHNIK

FAQs

What does the PETERMANN-TECHNIK Code of Conduct regulate?

PETERMANN-TECHNIK's Code of Conduct serves as a binding guideline for responsible corporate behavior throughout the company. It describes the social, ecological and economic principles according to which the company operates in Germany, Europe and worldwide. The Code of Conduct is based on internationally recognized principles for the protection of human and labour rights. It also takes into account relevant international agreements on environmental protection and the sustainable design of the value chain. The aim is to ensure lawful, fair and honest business practices in all business areas.

What international standards is the Code of Conduct based on?

PETERMANN-TECHNIK's Code of Conduct is based on internationally recognized regulations and guiding principles. These include the United Nations Universal Declaration of Human Rights, the ILO core labor standards and the UN Guiding Principles on Business and Human Rights. The OECD Guidelines for Multinational Enterprises are also taken into account. In addition, the Code of Conduct is based on relevant international agreements on environmental protection. This approach provides PETERMANN-TECHNIK with a solid basis for responsible action along the entire value chain.

How does PETERMANN-TECHNIK implement human rights and labor rights in the value chain?

PETERMANN-TECHNIK respects internationally recognized human rights and consistently aligns its own business activities with these principles. Through its activities, the company avoids infringing on the rights of others and does not participate in human rights violations. PETERMANN-TECHNIK also observes the core labor standards of the International Labor Organization and promotes a safe and humane working environment. This also includes respect for freedom of association and the right to collective bargaining. Business partners are encouraged to take these principles into account in their processes and relationships.

What role do law, integrity and fair competition play in the Code of Conduct?

Compliance with the law in the respective countries is a central component of PETERMANN-TECHNIK's Code of Conduct. The company pursues exclusively legal business practices and observes the rules of fair competition as well as antitrust and competition law requirements. Corruption and bribery are rejected in any form. At the same time, PETERMANN-TECHNIK promotes responsible corporate governance with transparency, accountability, openness and integrity. Fair dealings with business partners and compliance with contractual agreements are also part of these principles.

How does PETERMANN-TECHNIK deal with social, cultural and ecological requirements in international markets?

PETERMANN-TECHNIK respects the different legal, societal, cultural and social backgrounds of the countries in which the company operates or into which its value chain extends. At the same time, the company takes into account the direct and indirect effects of its business activities on society and the environment. The aim is to achieve an appropriate balance between economic, social and environmental interests. If local conditions conflict with the principles of the Code of Conduct, PETERMANN-TECHNIK seeks dialog with its business partners. This is intended to create understanding and promote the acceptance of internationally recognized standards.

Why PETERMANN-TECHNIK Code of Conduct?

PETERMANN-TECHNIK stands for responsible corporate action based on clearly defined and internationally recognized principles. The Code of Conduct combines human rights, labor standards, environmental awareness and ethical business practices into a holistic framework for corporate management. In this way, the company creates trust among customers, partners and other stakeholders along the value chain. Particularly noteworthy is the consistent focus on law, fairness, transparency and sustainable development. Anyone who chooses PETERMANN-TECHNIK is choosing a partner who combines economic success with social and ecological responsibility.

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