20. Conduct that Complies with the Law and Policy

The company discloses which measures, standards, systems and processes are in place to prevent unlawful conduct and, in particular, corruption, how they are verified, which results have been achieved to date and where it sees there to be risks. The company depicts how corruption and other contraventions in the company are prevented and exposed and what sanctions are imposed.

In 2019, the INPACS head office has joined the UN Global Compact and thereby officially committed to making the Ten Principles publicly part of its business operations – this includes that INPACS works against corruption in all its forms, including extortion and bribery.

As the formal basis for this commitment, the INPACS Code of Ethics since many years constitutes a guideline regarding compliance with applicable law and, in particular, regarding prevention from corruption and bribery. In addition, a Guideline accepting and providing of grants has been formulated for INPACS employees. Anyway, management executives bear a special responsibility for their staff. 

In order to ensure compliant employee conduct, a systematic training system has been installed including, amongst other topics, corruption and bribery, health and safety and data protection.

We ensure compliance with legal requirements through our sophisticated quality and environmental management system, which is certified according to the standards ISO 9001 and ISO 14001. The relevant monitoring is carried out at least annually as part of on-site audits and reviews by internal officer functions, external consultants and auditors as well as official bodies. Thereby, the risk of non-compliance can be significantly minimized. The legal department, those responsible for quality and environmental management, the security officer, data protection officer, tax consultants, the pension insurance and much more are involved in the monitoring, and usually report directly to the management.

Legislative amendments, of which we have no knowledge, are considered to be a significant risk of legal violations. Therefore, external information services that announce changes in the relevant areas are used and monitored. The above-mentioned internal officers evaluate the changes and, if necessary, formulate the necessary measures as a requirement for the respective processes.

Overall, based on the internal and external reviews and as there have been no incidents nor significant fines or non-monetary sanctions, it can be assumed that the organisation operates legally compliant in the period under review and since foundation.

Also, EcoVadis attested INPACS again an advanced performance with respect to fair business practices, performing an improvement by 10 points compared to 2017.