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Our Compliance and Code of Conduct

Mutual trust, reliability, honesty & straightforwardness both inwards and outwards, are the fundamental principles deeply ingrained in both Thomas Warburton’s and the Würth Group’s corporate culture. 

Compliance

Our commitment to these values was first laid down in the Corporate Philosophy which was written in the 1970s by Prof. Dr. H. c. multi. Reinhold Würth, Chairman of the Supervisory Board of the Würth Group.

These principles do not just include adhering to all applicable rules and laws, but also the proper mindset of the employees which constitutes an integral part of the sustained corporate success of the Würth Group.

 

And it is our goal to promote this mindset. At the same time, this mindset entails our employees’ strict adherence to all applicable national and international rules and laws. To make these principles more transparent for our employees as well as our customers, suppliers and other business partners, we have developed practical rules of conduct on the basis of our corporate values, which are summarised in the Code of Compliance of the Würth Group.

Reporting Hotline SpeakUp

Our Code of Compliance represents our commitment to treat each other with integrity, along with our customers, suppliers and other business partners.

Studies have demonstrated that reports received from third parties frequently helped to solve cases of economic crime. For this very reason, we have set up a system that allows both Würth Group employees and third parties to report criminal acts and other major compliance violations. This web-based tool is called the BKMS System (Business Keeper Monitoring System).

 

If you would like to report an incident using this system, you can do so either anonymously or by name. Nevertheless, because we would like to cultivate an environment of open communication, we encourage you to give your name when submitting reports. We will handle your personal information with strict confidentiality and take into account the legitimate interests of all parties involved.

Please create a mailbox in the BKMS system via which we can contact you. This is important in case we have any follow-up questions or in case you would like to add further information to your report later on. Communication via the mailbox can also be kept anonymous, if desired.

 

The system is solely intended to call attention to suspected cases of economic crime or major compliance violations within the Würth Group. Any misuse of this system for other purposes can constitute a criminal offense.

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Thank you very much for your support.

Code of Conduct

Thomas Warburton attaches great importance to responsible business conduct throughout the entire supply chain and cooperation based on mutual trust with our suppliers, advisers, brokers, commercial agents, distributors, contractors, agents and other suppliers of goods and services to Thomas Warburton nationally and internationally.

Respecting basic social, economic and environmental principles forms the basis of any responsible and sustainable corporate action. This is why Thomas Warburton expects its business partners to comply with legal provisions on working conditions, health, environmental protection, fighting corruption and safety in the workplace and to make their employees and sub-contractors familiar with the content of this code of conduct in a language that they understand.

Thomas Warburton expects its business partners - as we expect of ourselves - to comply with the conditions stated in the Code of Conduct of Thomas Warburton.

 

A serious violation of the principles contained in this Code of Conduct will generally be considered a breach of a fundamental contractual obligation.

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