Compliance and Ethics Management
Our overarching objective:
We aim to set standards in business ethics and do our utmost to apply those
standards.
| Goal | Action 2009–2011 | Status September 2009 |
|---|---|---|
| Promote awareness and application of the Code of Conduct | Integrate Code of Conduct training module into existing further training units and management seminars | Binding use of e-learning tool introduced for all managerial employees; training and examination already taken by 95 percent |
| Add potential compliance risks to training curriculum | Topics integrated so far: Illegal temporary work, wage dumping and abuse of self-employed status | |
| Add Global Compact principles to Code of Conduct | Planning phase | |
| Integrate material regional compliance risks into Group auditing | Pilot project conducted in Qatar | |
| Demand and encourage sustainability and ethical responsibility in subcontractors and joint venture partners | Integrate Code of Conduct for Subcontractors and Suppliers into prequalification system | 2,000 subcontractors and suppliers prequalified |
| Compile guidance brochure on Code of Conduct for Subcontractors and Suppliers | Draft compiled | |
| Introduce self-disclosure for joint venture partners on basis of Code of Conduct | Planning phase | |
| Extend compliance system | Unify and refine compliance system reporting | Standard reporting criteria under development |
Corruption risk
|
Measured on Transparency
International’s Corruption
Perception Index (CPI),
HOCHTIEF mostly operates
in countries with low or very
low corruption risk.
|