Oerlikon’s Compliance office and Internal Audit team oversee the company’s internal investigation protocol. As a result of this office’s efforts, we have reduced compliance breaches by more than 40% from 2014 to 2021.
In 2021, we received 9 complaints via the 24/7 reporting hotline, which is intended primarily to alert management to antibribery and corruption issues, but which yielded information on additional topics as well. There were 8 substantiated cases: 4 related to Code of Conduct incidents and 4 related to cyberfraud. The company has terminated the employment of staff members when evidence has proven that they engaged in improper behavior.