Code of compliance

Code of compliance

Mutual trust, reliability and sincerity, both internally and externally, are the deeply rooted fundamental principles of the Würth Group’s corporate culture. Our commitment to these values was first set out in the corporate philosophy written by Reinhold Würth in the 1970s.

These principles involve not only compliance with all applicable rules and regulations, but also the right mindset among employees—an important factor in the Würth Group’s continued success.

Our aim is to promote this mindset while ensuring that our employees strictly comply with all applicable national and international rules and regulations. To make these principles more transparent to our employees, customers, suppliers and other business partners, we have established a number of practical rules of conduct. These are based on the corporate values summarised in the Würth Group’s compliance rules.

Reporting system within the Group

Our compliance rules reflect our commitment to treating one another, as well as our customers, suppliers and other business partners, with integrity. Research has shown that reports received from third parties have repeatedly helped to resolve cases of economic crime. We have therefore developed a system that enables both Würth Group employees and third parties to report criminal acts and other serious violations. This internet-based application is called SpeakUp and is based on the BKMS system (Business Keeper Monitoring System).

Anyone wishing to report an incident through this system may do so anonymously or disclose their name. However, because we want to create an environment of open communication, we encourage you to provide your name when making a report. All personal information will be treated in strict confidence, and we will take the legitimate interests of all parties involved into account.

We kindly ask you to create an account via SpeakUp so that we can contact you through this channel. This is important if we have any follow-up questions or if you wish to add information to your report at a later stage. Communication through the account can also take place anonymously, if desired.

The system is intended exclusively for reporting suspected cases of economic crime or serious violations within the Würth Group. Misuse of this system for other purposes may be punishable by law.

Würth Belux Compliance Officer – Marjan Van Den Broeck – T: +32 14 44 56 64

Thank you very much for your assistance!