Corporate Compliance

“The Schuler name represents technological expertise, strength in innovation, clear customer focus and a workforce that is committed to conducting business in an ethical and responsible manner. This has long been our tradition, dating back to 1839 when Schuler was founded on the principles of an honorable merchant. Today, this ethic remains the basis for the excellent reputation we have earned with our customers throughout the world, as well as within our industry, the capital markets and in communities around the globe. For a successful, traditional company like Schuler, the need to comply with legal regulations goes without saying. Such violations as corruption and the infringement of competition laws, for example, are serious threats to our success and will not be tolerated –  without exception. In other words, we have a “zero tolerance policy.” Our belief is that corruption and infringement of laws pertaining to competition and export, or any other type of illegal behavior, are never justified in our attempts to win contracts. We would rather forego the deal and perhaps fail to reach our internal targets than violate valid laws or accepted standards and values.”

The Board of Management of Schuler Group GmbH has issued this Compliance Commitment, which clearly expresses our attitude toward observing the appropriate laws and guidelines throughout the Group. The clarity of these statements is aimed primarily at protecting the company and its employees.

We have taken extensive measures with our Compliance Program to ensure that the corruption and competition regulations, export trade laws and other standards, as well as the respective corporate guidelines, are all observed. Violations will not be tolerated and will result in sanctions being taken against the persons concerned. All members of the Board of Management, all General Managers, all senior managers and every individual employee must be fully aware of the extraordinary risks that such violations represent for Schuler and for themselves personally. Each employee, within his or her own area of responsibility, is called upon to become actively involved in the implementation of Schuler’s Compliance Program.