The VARTA AG-Group considers compliance and ethical aspects in relevant management and decision-making processes. Compliance with applicable laws and internal policies provides a binding framework for the Company's business activities.
To support these requirements, group-wide policies, standards and processes are in place. In addition, the VARTA AG-Group collaborates with its business partners to promote expectations regarding responsible business practices throughout the supply chain.
The Company participates in various industry initiatives and associations, including the amfori BSCI, and ZVEI e.V. (German Electrical and Digital Industry Association).
Business ethics
The VARTA AG-Group expects its employees to comply with applicable laws and internal policies. These requirements are supported by group-wide standards, policies and processes. In addition, the Company communicates its expectations regarding compliance and responsible business conduct to its business partners.
- Code of Conduct
The VARTA AG-Group's > Code of Conduct sets out the principles that guide responsible business conduct throughout the organisation. Based on recognised standards of business behaviour, it supports compliance with applicable laws and promotes transparency and fairness in business relationships.
- Whistleblower system
To give everyone the opportunity to seek advice and raise concerns about misconduct, unethical behaviour or breaches of the law in activities or business relationships, the > wistleblower system has been set up on the company's website.
- Compliance Report
The > Compliance Report provides insights into the development of the compliance management system at VARTA AG-Group and potential findings from the whistleblower system.
- Anti-Corruption Policy
The prevention of corruption and bribery is an integral part of the VARTA AG-Group's compliance management system. The basis for this is the Anti-Corruption Policy, which applies to all employees worldwide and defines the minimum requirements for initiating, establishing, and maintaining business relationships. Employees receive regular training on the content of this policy.
The VARTA AG-Group provides a whistleblower system for reporting potential violations of laws, internal policies, and the Code of Conduct. The Company's policies prohibit retaliation against individuals who raise concerns in good faith.
The VARTA AG-Group has developed a management system for human rights due diligence that addresses applicable requirements related to human rights and the value chain.
The VARTA AG-Group supports and participates in various internationally recognized initiatives, including amfori BSCI, the UN Global Compact and the Science Based Targets initiative (SBTi).