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Compliance

Siemens Energy India Limited believes in clean business

Compliance and integrity go hand in hand

Siemens Energy India Limited shows zero tolerance toward corruption, violations of the principles of fair competition and other breaches of the law - and where these do occur, we take swift action. But compliance means much more than just adhering to laws and to the regulations described in the Siemens Business Conduct Guidelines Compliance forms the basis for all our decisions and activities, and it is the key to integrity when conducting business. Our premise is this: Only clean business is the right business. This applies at all levels of the organization. In addition to combating corruption and competition and export-control violations, the Compliance Department also protects our company against fraud and money laundering as well as safeguards personal data and human rights.

Code of Conduct

Siemens Energy India Limited require its suppliers and business partners to adhere to its code of conduct. This code is modeled after the 10 principles of the United Nations Global Compact. It covers legal compliance in general and our anticorruption policies in particular, including provisions against anticompetitive practices and conflicts of interest. Using audits, we systematically identify potential risks in our supply chain and collaborate with our business partners and to ensure they comply with the Siemens Code of Conduct.

Channels for reporting misconduct

Tell Us – If You Believe Something Is Not Right

Report suspected or actual violations of law or company policy, at Siemens or in our Supply Chain, whether you are a Siemens employee or not. In addition to 'Tell Us', Siemens offers another channel for reporting compliance violations: the ombudsperson.

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Other Compliance Topics

It is essential for Siemens Energy India Limited to comply with the export control regulations that apply to national and international trade. Siemens Energy India Limited has taken all the measures necessary to comply with the relevant provisions of German, European and U.S. American (re-) export control laws as well as locally applicable export control laws and has established the required processes. These also cover any person-related and country-related embargo regulations based on statutory provisions and applicable to Siemens Energy India Limited. All the substantial legal requirements and any internal restrictions above and beyond these are substantiated in the Internal Control Program Export Control (ICP)

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A clear commitment to ethical business practices and principles form the basis for responsible business conduct. At Siemens Energy India Limited, we respect and promote human rights in our business relations and across the entire value chain.

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Underpinned by our company values, Siemens Energy India Limited's supply chain is characterized by commitment to integrity and a strong sense of responsibility.

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Data Privacy is an integral part of Siemens Energy India Limiteds' business activities and processes. We care deeply about data protection and are committed to protecting the privacy of our employees, customers, suppliers and consumers. This website provides insight on the various elements that form the Siemens approach to data privacy.

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