Siemens is committed to strict compliance with the rules of financial reporting and transparency, as well as open communication with our shareholders.

In line with Siemens AG, our parent company, corporate governance forms the basis of all our decision-making and monitoring processes.

Siemens complies with the German Corporate Governance Code, which presents essential statutory regulations for the management and supervision (governance) of German listed companies, and contains internationally and nationally recognised standards for good and responsible governance.

Due to our listing on the New York Stock Exchange (NYSE), we are subject to certain US capital markets laws and regulations of the US Securities and Exchange Commission (SEC) and rules of the NYSE.

The European Union’s European Corporate Governance Forum has undertaken several initiatives to enhance Corporate Governance in the EU. We attentively follow the progress that the Forum is making.

Additionally, Siemens has clear rules governing our ethical behaviour towards our customers, business partners, employees, public entities and society at large.