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Compliance at LANXESS is a basic requirement underlying all of our business activities and is non-negotiable.
At LANXESS, we understand compliance to mean observing all legal provisions and LANXESS' internal rules and regulations which apply to the LANXESS Group and its employees. In addition, LANXESS is also committed to follow international principles such as those laid out in the United Nations Global Compact.
As a company with international operations, LANXESS has a global responsibility to ensure proper conduct. To this end, LANXESS has established a Compliance Organization with representatives across LANXESS' global network of subsidiaries that manages LANXESS' Compliance Management System. The fundamental aim of the Compliance Management System is to appropriately and effectively ensure compliance throughout the LANXESS Group in order to promptly address illegal or unethical conduct at the LANXESS Group. Appropriate organizational measures and processes are in place to prevent employee-specific misconduct (prevention) and to uncover such misconduct in a timely manner (identification) and to take appropriate corrective action (reaction).
The Group-wide "LANXESS Code of Conduct" is the central component of the Compliance Program. The Code of Conduct is a guide for all employees that sets out internationally applicable principles of proper conduct. Additional preventative measures include in particular the extensive portfolio of compliance advisory services and the Group's targeted compliance training seminars.