Ethical conduct as the foundation for sustainable success
Ethics and integrity are central elements of Wipotec’s corporate culture. The company is committed to responsible, lawful, and fair business practices across the entire value chain. A clear commitment to our values forms the foundation for all our actions and is firmly rooted in our internal guidelines and Code of Conduct. The goal is to build trust, minimize risks, and ensure long-term, sustainable business success.
Zero tolerance for corruption
Wipotec maintains a strict zero-tolerance policy when it comes to corruption, bribery, and unfair business practices. All employees are required to adhere strictly to legal requirements and internal compliance rules. Business decisions are made in a transparent and accountable manner, based solely on objective criteria. Integrity and compliance with the law always take precedence over short-term economic gains.
Respect for human rights
The company vehemently rejects child labor, forced labor, and any form of exploitation. Wipotec is committed to respecting international human rights and takes responsibility throughout its entire supply chain. Suppliers and business partners are expected to comply with relevant social and ethical standards. These requirements are an integral part of the sustainable procurement guidelines.
Fair competition as a fundamental principle
Another key focus is fair and transparent competition. Wipotec strictly adheres to applicable antitrust and competition laws and consistently refrains from anti-competitive agreements or market manipulation. Fairness, transparency, and integrity characterize our collaboration with customers, suppliers, and other stakeholders, and form the foundation for long-term business relationships based on trust.
Modern Slavery Act. Our responsibility. Our statement.
We at Wipotec believe that all human beings are born free and equal, and that the worldwide prohibition of slavery and forced labour is one of the absolute human rights. The United Nations and other global organisations have adopted legally binding conventions that are supposed to protect against slavery, servitude, forced labour and human trafficking. We take a zero-tolerance approach to any form of modern slavery. We do not knowingly do business with companies that violate these conventions or condone slavery, servitude, forced labour, child labour and human trafficking.
Today, modern slavery is also understood as the way in which people are dominated. How even today people are exploited. Therefore, we constantly strive to treat all our employees with respect and fairness. We are committed to acting ethically and responsibly and we focus on integrity and transparency in all our business activities.
We use systems to identify signs of modern slavery in our Group's companies and in our supply chain to prevent it. This procedure is an elementary part of our Group's corporate culture.
Our guidelines are part of our quality management system which all employees must adhere to because its provisions relate to their area of work. Above all, we understand that we bear the responsibility for all effects that our decisions and activities have on society and the environment. We will communicate these decisions and activities openly and comprehensibly. It also includes issuing this statement.
The Statement of Wipotec
In view of progressive globalisation and the increasing complexity of value and supply chains, we acknowledge our global responsibility which includes the protection of human rights. By publishing its Modern Slavery Act Statement, Wipotec takes a stand against slavery and human trafficking, servitude and forced labour. Our statement is valid for all business units of Wipotec and their value chains.
We are issuing this statement to demonstrate what we are doing to ensure that there is no slavery and no human trafficking in our company and in our supply chains.
The statement below was prepared by WIPOTEC GmbH and is valid for all existing subsidiaries.
