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The Siemens Compliance System
Siemens lives up to its responsibility to comply with ethical and legal standards in all its activities, both within and outside the company. This means adhering to all applicable laws and regulations and the company’s internal rules and regulations and is the basis for all the business activities of Siemens.
For Siemens, promoting integrity means acting in accordance with our values – responsible, excellent, and innovative – wherever we do business. A key element of integrity is compliance: adherence to the law and to our own internal regulations. We have zero tolerance for corruption and violations of the principles of fair competition.
The Siemens Compliance System is divided into three action levels: Prevent, Detect and Respond. These action levels encompass a comprehensive system of activities by which we intend to ensure that our business is completely in accordance with all applicable laws and regulations, as well as with our own internal principles and rules.
Being a responsible company – this is our foundation. With our compliance system, we want to establish compliance in the minds and actions of all Siemens employees.
Siemens employees and managers, customers, suppliers and other business partners, as well as all other external stakeholders of Siemens can use the compliance help desk "Tell Us" to report violations of the Siemens Business Conduct Guidelines at any time of the day or night, anywhere in the world, in a safe, confidential and if desired, anonymous manner
The Ombudsman is an impartial body to which Siemens employees and third parties can report their observations of improper business practices in the Company and do so in a confidential and also anonymous manner. Report may be submitted in English or German
The attorney Andreas von Máriássy from the Munich law firm "von Máriássy Dr. von Stetten Rechtsanwälte" has been appointed to serve as an external ombudsman for the Company.
Law firm "von Máriássy Dr. von Stetten Rechtsanwälte"
Attorney Andreas von Máriássy
Telephone: +49 89 24 20 56 80
Mr. John Garred
UK Regional Compliance Officer
Sir William Siemens Square
Tel: +44 (0)1276 696387
Siemens is committed to strict compliance with the rules of financial reporting and transparency, as well as open communication with our shareholders.
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.
To find out more please visit the Corporate governance page.