Compliance at Schüco

Clear rules. Shared values. Worldwide.For Schüco, compliance is more than just adherence to legal requirements. It forms the basis for responsible conduct, sustainable business success and the trust of our customers, partners and employees worldwide. Our aim is to firmly embed integrity and transparency in our corporate culture and to ensure they are upheld throughout the entire value chain. 

Our understanding of compliance

At Schüco, compliance is based on a clear understanding of our values and binding guidelines for day-to-day business. Our globally applicable Code of Conduct sets out our principles for lawful and ethical behaviourregardless of location or role 

At the same time, we take regional differences into account and ensure that global standards are effectively implemented at a local level. Our compliance structures combine central guidelines with decentralised responsibility and close ties to day-to-day operations.
 

Code of conduct (pdf, 255,0 KB)

Modern Slavery Act – Responsibility throughout the entire value chain

Schüco is actively committed to combating all forms of modern slavery and forced labour. Through our annually published statement in accordance with the Modern Slavery Act, we clearly commit to respecting human rights and upholding fair and humane working conditions worldwide.

Modern Slavery Act - Group Statement 2024 (pdf, 71,9 KB)

Policy Statement on Respect for Human Rights and Environmental Standards – Responsibility as Part of Our Business Practices

Schüco is expressly committed to respecting internationally recognised human rights and consistently aligns its business activities with this commitment. This includes, in particular, the prohibition of child labour and forced labour, as well as all forms of slavery, discrimination and unacceptable working conditions 

Our policy statement sets out the binding guidelines for responsible conduct and forms the basis for sustainable and ethical corporate governance – both within.

Policy statement regarding compliance with human rights and environmental standards 2023 (pdf, 138,9 KB)

Policy statement on respect for human rights and environmental standards 2024 (pdf, 143,8 KB)

Policy statement on respect for human rights and environmental standards 2025 (pdf, 190,8 KB)

Transparent whistleblower complaints procedure

At Schüco, we are committed to preventing and resolving human rights abuses, violations of social standards, of working conditions and of environmental provisions, economic crimes, accounting fraud, money laundering, data protection breaches, damage to financial position or any other type of infringements of legal provisions and internal regulations. To help us do this, we have put in place a transparent whistleblower complaints system for reporting breaches of the law and compliance policies.

Who is the system for?

Schüco employees and anyone who is directly or indirectly affected by Schüco’s business activities, such as customers, suppliers, service providers and their respective employees and other interested parties, can contact Schüco’s lawyer of trust directly. The lawyer of trust is a lawyer separate from and independent of Schüco. He is not subject to any instructions from Schüco on how to handle the contents of tip-offs that he receives about infringements of laws or internal rules of Schüco.

Schüco guarantees confidentiality across all its reporting channels. The lawyer of trust is available to all informants free of charge.

 

External reference portal: www.report-tvh.com 

Information on the Schüco lawyer of trust
The procedure

The informant will receive confirmation of receipt as soon as possible after a report is received. This will usually be within 48 hours of receipt and will not be longer than seven days. Only then is it certain that the report has been duly received.

 

During this first stage, only the lawyer of trust can view and look into the report. Whether the lawyer of trust can pass on the information to his contact within Schüco is decided by informants themselves in a verbal discussion with the lawyer of trust. If necessary, the lawyer of trust explains the legal situation and possible next steps to the informant.

 

Within Schüco, all reports are looked into carefully in compliance with the law and internal rules and taking into consideration the interests of all parties involved. Depending on the content of the report, the internal investigation is carried out by the relevant body within Schüco. This may be the Schüco Group Compliance Office, the Chief Compliance Officer or the data protection organisation. Here too the interests of all parties concerned are taken into account. The internal investigation process and the outcome are reported to and evaluated by the Schüco Group Compliance Committee.

 

After the investigation is concluded, but at the latest within three months of receipt of the report, the lawyer of trust informs the informant of the outcome to the extent that he is legally able to do so. Informants can of course enquire with the lawyer of trust about the status of their report at any time.

 

Rules of procedure - Complaints procedure (pdf, 237,8 KB)

Your contact

Schüco Compliance Office

You can reach our compliance office at the following adress: 

Schüco International KG - Compliance Office
Karolinenstraße 1-15
D-33609 Bielefeld