Who wouldn't want to grow?! This applies for us as people as much as it does for a company like BSH. That's because growth means expanding, gathering experience, progressing, overcoming hurdles, and ultimately achieving goals.
Growth at any price? Not at BSH. For us, growth means not only achieving objectives but being mindful of our employees and our environment along the way. We have set ourselves an ambitious goal to increase our sales revenue to 20 billion euros by 2025 and, in the process, fulfill our ecological and social responsibility. Our understanding of values, which is firmly anchored in the BSH Corporate Principles, and a clearly described governance risk compliance model provide us with clear guidance in this regard. Our managers act as role models in putting this into practice together with our employees.
Our success has a long-term focus, and our Corporate Principles are omnipresent. We therefore act reliably, fairly and with integrity both internally and in contact with our business partners. Always with clearly-defined structures, responsibilities and guidelines. This also includes honoring our commitments, only ever promising what we can actually deliver, and always acting in compliance with the law and statutory provisions – in all areas and processes of the company.
Our integrated governance risk compliance model forms the basis for identifying potential risks in our business activities in good time and deriving measures to accommodate changing requirements to business management.
Compliance means adherence to laws and BSH internal rules, e.g. Group and Entity Policies, Group Regulations, work instructions, (general) works council agreements and especially the Business Conduct Guidelines of the BSH Group.
In the company context, any violation of effective laws or internal rules by an employee of BSH is a Compliance violation.
Any employee of BSH may report a Compliance violation either via an internal BSH hotline, or to his/her line manager or any member of the Compliance organization.
Additionally, any employee and also any other person may report a Compliance violation to the BSH Lawyer of Trust, Dr. Karl Sidhu, LL.M. He can be contacted either by phone +49 (0)89 244 133 4 60, fax +49 (0)89 244 133 4 68, mobile +49 176 225 74 526, email firstname.lastname@example.org or mail Widenmayerstr. 36, 80538 Munich, Germany. In accordance with local law, the BSH Lawyer of Trust will forward the information provided without necessarily disclosing the identity of the reporting person.
We protect what we consider valuable, whether it's personal belongings and property, or friendship. In the meantime, this protective behavior is evident not only at a personal level, but at BSH, too, we want to protect what is important to us.
Alongside compliance, the Business Conduct Guidelines are an indispensable feature of our company. They are an important element of our understanding of values, and form the basis for all business processes and decisions. We are convinced that we can use such tools to strengthen trust in our company and our brands among consumers, employees and business partners.
Our managers, in particular, are called upon to ensure that the Business Conduct Guidelines become a firmly established part of BSH's corporate culture along the entire value chain: As role models, they help employees worldwide to behave lawfully and act in accordance with the BSH Business Conduct Guidelines. These guidelines regulate dealing responsibly with customers and business partners, provide guidance on issues regarding competition and antitrust law, or anti-corruption, and avoid conflicts of interest.
Further information on our Business Conduct Guidelines:
Globalization is both a blessing and a challenge. To ensure that it would benefit all people worldwide, the then UN Secretary-General Kofi Annan launched the UN Global Compact. It is aimed especially at commercial enterprises that want to deal responsibly with globalization and act in the interest of people. Overall, the UN Global Compact initiated by the United Nations includes ten principles of behavior, that have guided BSH's actions since 2004: Their central focus is on topics such as the rights of employees and human rights, environmental protection and anti-corruption.
All information about the UN Global Compact