Compliance goals
In the future, we intend to continue improving our compliance system and adapting it to meet constantly changing requirements.
In our sustainability reports, we regularly provide information on the goals we have set for ourselves and the degree to which we have achieved those goals.
At the beginning of fiscal 2011, we defined four compliance priorities for the further development of our Compliance System, which serve as guidance for projects and other improvement measures.
Effective from fiscal 2013, we have revised the compliance priorities as follows:
Stand for integrity
We want to strengthen business management responsibility for compliance and to use Collective Action and the Siemens Integrity Initiative to create fair and equitable market conditions.
Manage risk and provide assurance
We want to continue to develop compliance risk management and provide reliable assurance for our business entities.
Committed to business
We want to leverage the Compliance System to support sustainable growth and as a competitive advantage.
Focus on efficiency
We focus on increasing the efficiency of compliance operations and collaboration within the Company.
2011-Feb-24 | Author