The HOCHTIEF Code of Conduct for Business Partners
It is our firm conviction that ethical and economic values are interdependent. The business world
should therefore seek to treat each other fairly and to operate within the legal and regulatory
frameworks. At HOCHTIEF, it is part of the corporate culture that all employees in the individual
Group companies observe the laws and regulations of the countries in which they are working and that
they meet their obligations reliably. They have to prove sincerity and fairness in all aspects of
their business activities.
We expect the same from our business partners. They, too, need to acknowledge the social responsibility
vis-á-vis their own company, their clients, suppliers and other business partners, the environment
and society.
In addition to the HOCHTIEF Code of Conduct which comprises the binding rules of conduct for HOCHTIEF
employees, HOCHTIEF has therefore set up a code for business partners as well. The HOCHTIEF Code of Conduct
for Business Partners defines minimum standards based on the principles of the UN Global Compact, the ILO
conventions, the United Nations' Universal Declaration of Human Rights, the UN Conventions on the Right of
the Child, and the OECD Guidelines for Multinational Enterprises.
This includes, among others, the following requirements:
- Complying with the laws of the applicable legal system
- Avoiding conflicts of interest
- Actively and effectively combating any form of corruption and bribery
- Ban of forced and child labor
- Respecting human rights
- Fair working conditions
- Taking over responsibility for employee health and safety
- Environmental protection
- Confidentiality
In addition, our business partners are encouraged to communicate these principles to their own, direct subcontractors,
to support compliance on the subcontractor side and to request them to also apply the principles. HOCHTIEF reserves the
right to check or have checked by independent third parties at any time and without prior announcement if
the rules of conduct are observed.
Further information:
UN Global Compact
ILO conventions
United Nations' Universal Declaration of Human Rights
UN Conventions on the Right of the Child
OECD Guidelines for Multinational Enterprises
HOCHTIEF Code of Conduct