Code of conduct

Respect, cooperation, and social responsibility are the basis for sustainable business success.
At thyssenkrupp this philosophy has a long history. The German social security system is based in part on models our company introduced 160 years ago. Equal opportunities and fair pay in line with local standards are a matter of course for us. We offer wages and benefits at least in accordance with national and local statutory and industry standards, including retirement and healthcare benefits.

Furthermore thyssenkrupp has signed up to the UN Global Compact and is committed to the United Nations Universal Declaration of Human Rights and the core labor standards of the International Labor Organization (ILO).

Our Corporate Social Responsibility is also documented by the International Framework Agreement (IFA) on global minimum labor standards in the Group which thyssenkrupp developed together with the Group workers’ council, the metalworkers' union IG Metall, and the global union federation "IndustriALL Global Union". The IFA is based on the ILO's Core Labor Standards and the Universal Declaration of Human Rights. For the IFA there is an online reporting system available which all employees as well as third parties can use to report cases where standards and principles are not being observed.

The main principles and rules governing our actions as well as the standards we set ourselves in our dealings with business partners and stakeholders are summarized in the thyssenkrupp Code of Conduct. For employees, managers, and the board, it provides framework guidance on the following issues:

• Compliance with the law

• Avoiding conflicts of interest

• Fair competition

• Preventing money laundering

• Equal treatment and non-discrimination

• Human and labor rights

• Cooperation with employee representatives

• Occupational safety and health

• Sustainability and protection of environment and climate

• Donations

• Political lobbying

• Presentation in public and communications

• Reporting