Page 72

E_ALT_GB15_160317_online

68 Corporate Governance the Management or Supervisory Board per insurance year. Details on the compensation of the Management and Super- visory Boards can be found on pages 137 ff. Compliance The trust of our business partners and customers, as well as the public, in the lawful and responsible behavior of the ALTANA Group and its employees is decisive for the success and reputation of the company. Compliance therefore is very important for ALTANA. ALTANA’s Code of Conduct, which holds for the entire Group, contains binding rules regarding responsible, ethical and lawful behavior for all staff members. This applies in particular to issues such as antitrust law, environmental protection, safety, corruption, and discrimination. Together with the company’s Guiding Principles, the Code of Con- duct determines responsible corporate action. The Code of Conduct and the Guiding Principles are published on our website (www.altana.com). Since 2010, ALTANA’s employees have been trained with the help of an e-learning program regarding the content of the Code of Conduct and further issues relevant to compliance. In 2015, 749 staff members worldwide took part in a Code of Conduct training program. In addition, ALTANA set up a Compliance Management System designed to help ensure compliance in the ALTANA Group. ALTANA joined the U.N. Global Compact initiative, whose members are voluntarily committed in their corporate policy to adhering to social and environmental standards as well as the protection of human rights. By joining Global Compact, ALTANA not only acknowledged its principles but also showed a general commitment to support and promote overall U.N. aims.


E_ALT_GB15_160317_online
To see the actual publication please follow the link above