The corporate compliance function ensures adherence to legal, regulatory and internal requirements, as well as to the Group’s ethical standards. The function emphasizes preventative measures, training, education and consulting.
In order to evaluate its business partners, Oerlikon has implemented an Integrity Due Diligence (IDD) process. Each business unit has a specially trained person who is responsible for confirming that current and potential business partners have good reputations and comply with Oerlikon’s ethical standards. We have reduced the risk of compliance breaches by working with our business partners and through the commitment of these partners to our Code of Conduct.
Oerlikon is committed to openness and transparency. Reliable reporting channels and the protection of employee whistle blowers from sanctions are essential to allow possible misconduct to be reported, investigated and resolved. Accordingly, we provide all internal and external stakeholders a multi-lingual and completely anonymous option for submitting information. This reporting tool SpeakUp enables whistleblowers to report compliance violations anonymously on an external web platform.