dear Customers and Suppliers,
dear Business Partners
Since the beginning, a lively corporate culture has been important for the ifm group of companies. It should be shaped by confidence and moral action and be reflected in the interaction between the employees and also in the partnerships with our customers and business partners.
Open, appreciative interaction at an equal footing with our employees and business partners has been an integral part of the ifm corporate culture since its foundation in the year 1969.
These basic principles of conduct were laid down in the ifm corporate philosophy by the founders Robert Buck and Gerd Marhofer in 1990. The values defined then are the same that apply still today and will continue in the future. They are the pillars on which we have grown as the ifm group of companies and on which our activities of today and the future are based. Our founders defined, codified and lived these values in times during which topics such as corporate governance and compliance had not even been thought of.
ifm code of conduct
These values established then and still valid today are the roots of our worldwide applicable ifm code of conduct to which we commit ourselves as ifm worldwide. The ifm code of conduct is the charter of our activities and our success – which we as ifm are convinced of.
The ifm code of conduct summarises the core of the values of our ifm corporate philosophy and transports them into present. These values and the adherence to them are the guarantee for us as ifm that we are perceived and estimated by our business partners as a moral company, then and now.
We, the ifm group of companies, stand for the following values:
- We follow the applicable laws, guidelines and standards.
- We treat each other and our business partners respectfully. The religion, the sex, the age, the skin colour or the ethnic origin do not have any influence on our activities.
- We explicitly acknowledge the UN Charter on Human Rights. Child labour and forced labour are rejected by us and by our business partners.
- The interaction with our business partners is of great importance to us. We maintain an intensive exchange and a trustful interaction with our customers and suppliers. Any pretence of obtaining or granting an undue advantage is to be excluded by us.
- We stand for a fair competition.
- We develop and sell the best products for an automated world, however not for military and weapon-technology purposes.
- We adhere to the privacy notice and handling of confidential information.
- We observe the requirements on occupational safety and environmental protection so that we and our children will have a sustainable future, today and tomorrow.
We do a lot for these moral values and the adherence to them because we have always done what we have meant and said. We support this culture by internal trainings on various compliance topics. We establish specific policies which provide us orientation and certainty in our daily activities. Furthermore, audits are carried out by Internal Auditing and external auditors who, among others, check adherence to these policies.
ifm electronic gmbh has appointed a Compliance Manager for the ifm group of companies who is organisationally assigned to the Internal Auditing & Compliance department. Both the Head of the Internal Auditing & Compliance department and the Compliance Manager, who form the compliance function, have defined tasks and competencies within the entire group of companies. In fulfilling its duties, the compliance function is solely bound by instructions and information from the Board of Directors of ifm stiftung & co. kg and reports directly to it.
Open communication has always been an essential part of ifm's corporate culture. Employees can directly and confidentially address possible incorrect behaviour against our ifm values to their line manager.
If – for whatever reason – you as an employee feel that you cannot approach your line manager with your concern, the compliance function is available to you. Use the possibility of direct communication with our compliance function. Your concerns will always be treated confidentially.
Our business partners can also contact the ifm compliance function to point out concerns which do not meet our ifm values.
You can get in contact with the ifm compliance function at email@example.com.
ifm whistleblowing system
In order to comply better with our duty of care, we have set up a whistleblowing system in 2019.
This system can be used by employees who feel that they cannot approach their line manager, the compliance function, the responsible Central Managing Director or the Board of Directors.
Whistleblowers acting to the best of their knowledge are protected against any disadvantages resulting from their message.
We ask you to use the whistleblowing system responsibly.
The whistleblowing system can be used in ten languages and, if desired, anonymously to report potential disregard of our corporate values and suspected criminal cases.
As ifm maintains open communication, we would like to encourage you to indicate your name when addressing a report. The compliance function will follow up your concern in strict confidence and take into account the legitimate interests of all parties involved.
An electronic mailbox enables whistleblowers and the compliance function to communicate - also anonymously, if desired. This is important in case of further questions or if you wish to supplement your report with additional information later.
We as the entire Board of Directors of the ifm group of companies thank you for your confidence and your support with our goal of "growing successfully in security" together with you.