These compliance guidelines of the HÖRMANN Group set out the common framework for HÖRMANN Industries GmbH and its subsidiaries and equity investments.

The management boards and managing directors of the subsidiaries and equity investments are obliged to ensure that these guidelines are applied as binding within their respective companies. Employees who conduct themselves with personal integrity are essential to the credibility  of the HÖRMANN Group. Every employee is obliged to know and comply with the relevant laws and provisions, including these compliance guidelines.

1. Scope of application

These compliance guidelines of the HÖRMANN Group set out the common framework for HÖRMANN Holding GmbH & Co. KG and its subsidiaries and equity investments (hereinafter
also referred to collectively as the “HÖRMANN Group”).

The management boards and managing directors of the subsidiaries and equity investments are obliged to ensure that these guidelines are applied as binding within their respective companies. Employees who conduct themselves with personal integrity are essential to the credibility and strong public image of the HÖRMANN Group. Every employee is obliged to know and comply with the relevant laws and provisions, including these compliance guidelines. Any breach may have disciplinary consequences up to and including the termination of the employment relationship.

 

2. Organisation, leadership, supervision

The high degree of independence and personal responsibility enjoyed by the managing directors of the individual Group companies ensures that they are extremely motivated to respond quickly, expertly and successfully to the requirements of the market and customers. The management structure selected to achieve this – comprising responsible managing boards and  managing directors advised and monitored by supervisory boards, advisory boards and the holding company – serves to protect the legitimate interests of the company and its shareholders  while also providing the best possible support for operating business.

 

3. Integrity: Compliance with laws and internal regulations

Strict compliance with the law and the regulations prescribed by the HÖRMANN Group for its employees forms the basis for the actions of the HÖRMANN Group’s employees. Fair, correct and legally sound business dealings with customers, suppliers and all other business partners create the foundations for cooperation in a spirit of mutual trust. More detailed provisions are set out in additional binding guidelines of the HÖRMANN Group.

  1. Good business relationships

  2. Cooperation with business partners

  3. Integrity in competition

  4. Integrity in foreign trade

  5. Prevention of conflicts of interest

HÖRMANN Gruppe – Johann Schmid-Davis CFO
»As a family business, we don’t just think in terms of figures; above all, we think about the future, responsibility, solidity, integrity.«

Johann Schmid-Davis, CFO

HÖRMANN Gruppe – Compliance

4. Corporate responsibility

The HÖRMANN Group is aware of its corporate responsibility to its employees, customers and business partners. This includes a responsibility to society and its underlying principles. The HÖRMANN Group and its employees respect the personal dignity of every individual and tolerate no discrimination in the company’s activities around the world. Prejudice on account of ethnic origin, gender or sexual orientation, religion or belief, disability or age is not tolerated by the HÖRMANN Group. Accordingly, we undertake to uphold human rights and international standards on employee protection. The HÖRMANN Group is aware of the scarcity of resources and acts in line with the principles of sustainability. This includes environmental responsibility and occupational safety and protection measures that ensure employees’ physical and mental well-being.

 

5. What to do in cases of doubt?

If employees are in doubt as to whether a certain behaviour is consistent with these guiding principles or suspect that an irregularity may have occurred, they are requested to report this. They can do this internally by informing their supervisor or the responsible compliance officer. Details of the employees responsible for compliance at the individual HÖRMANN Group  companies are displayed on noticeboards and made available by e‑mail or in the intranet and can also be requested from the management of the respective company. Employees can also consult the Compliance Officer of HÖRMANN Holding. 

All employees are expressly requested to make use of one of these channels for reporting irregularities. No employee who reports an irregularity should fear being placed at an unfair  disadvantage as a result, even if the notification ultimately proves to be unjustified.