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Human rights and sustainable value creation

Our goal is profit-driven, long-term growth and sustainable value creation is the path we choose to achieve it. As a global business, Siemens with its innovative power and investment strength, assumes joint responsibility for worldwide sustainable development. We create added value for the societies, in which we operate. At the same time, our business activities – both directly and indirectly – impact the lives of many. Siemens is aware of its responsibility for ensuring the respect of human rights. For us, this responsibility, is a core element of responsible business conduct.

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Our basic attitude

"We respect the personal dignity, privacy, and personal rights of every individual. We work together with individuals of various ethnic backgrounds, cultures, religions, ages, disabilities, races, sexual identity, world view and gender."

 

This principle is firmly anchored in our Business Conduct Guidelines. They set forth the fundamental principles and rules governing the way we act within our company and in relation to our partners and the general public.

Important guideline

Conventions and recommendations recognized worldwide

In addition to local laws and statutory requirements in individual countries, there are several important conventions and recommendations issued by international organizations. They are primarily directed toward member states rather than individual companies. Nonetheless, they also serve as guiding principles for global companies as well as for the behavior of their employees. Siemens endorses the stipulations contained in these conventions and recommendations. Their basic principles are reflected in our Business Conduct Guidelines.

The principles of the United Nations Global Compact

Siemens has been a participant of the Global Compact since 2003, and regards the ten principles of the United Nations Global Compact, as well as the rules laid down in the framework agreement of the International Metalworkers’ Federation (IMF), as binding for the entire company. Otherwise, the company’s internal arbitration arrangements apply. Likewise, Siemens is committed to embracing and supporting, within its sphere of influence, the set of core values in the areas of human rights, labor standards, the environment, and anti-corruption included therein as an integral part of its business strategy and operations.

Siemens therefore expects its employees, suppliers and business partners worldwide to recognize and apply the following guidelines:

Responsibility

Our guidelines and principles

Building on our Business Conduct Guidelines, we have defined the respect of human rights in additional guidelines and principles. Our focus is on fundamental employee rights, the code of conduct for our suppliers and third-party intermediaries, and the handling of conflict minerals in our supply chain.

In which areas do human rights play a role?

Within our company and in cooperation with our external partners as well as other external stakeholders, we support and promote the respect of human rights with a wide range of measures. The following focal areas are examples.

Work safety

Compliance- Ensuring responsible business practices

Sustainability in the Supply Chain