Compliance
Compliance at GERRY WEBER
Here at GERRY WEBER, we not only firmly establish our compliance culture, we put it into practice. This means that the company stays transparent as well as offering a collegial working environment. This entails much more than simply upholding internal and statutory regulations. It’s about behaving in a way that’s ethically correct and creating mutual trust: internally and externally.
The actions of each employee that represents GERRY WEBER are responsible, credible and reliable. We all stand for fair treatment. Managers and executives also uphold this compliance culture by acting as role models.
Our compliance system at GERRY WEBER follows a codex comprising the following points:
1. Compliance organization:
To make sure everything runs smoothly when it comes to compliance, things have to be well organized. After all, everyone benefits when tasks are clearly allocated. At GERRY WEBER, the Corporate Audit & Compliance department is responsible for compliance tasks. The Compliance Committee and the Local Compliance Officer offer their support. Together as a team, they conceptualize and propagate the company’s value system as well as the related guidelines. At the same time, they motivate employees to uphold the rules.
2. GERRY WEBER Group code of conduct:
The GERRY WEBER Group code of conduct provides orientation. It comprises general behavioral regulations that apply to all employees throughout the business. The code regulates internal collaboration as well as behavior towards external partners, such as customers and suppliers. The aim is to guarantee legal safety for the company and its employees at all times.
3. Group compliance guidelines:
In order to better understand and further develop the code of conduct, GERRY WEBER has issued binding group guidelines. These include topics such as how to uphold anti-trust and unfair competition law as well as gifts, hospitality and other benefits. Guidelines of this sort serve to keep things transparent and authentic at all times.
4. Information management on the Supply Chain Due Diligence Act:
Gerry Weber fosters an open culture and cooperation in which those affected can seek advice and express concerns. In addition to the internal channels, we have appointed an external ombudsman for many years to whom employees and business partners can turn in confidence and anonymously.
The ombudsman receives reports of possible violations of laws or internal rules (whistleblower management). He is also responsible for the complaints procedure in accordance with the Supply Chain Due Diligence Act (PDF Rules of Procedure). The complaints procedure enables individuals to report human rights and environmental risks as well as violations of human rights or environmental obligations.
The Ombudsman can be contacted as follows:
Dr Carsten Thiel von Herff, LL.M.
Loebellstraße 4, D – 33602 Bielefeld
Tel: +49 521 557 333 0
Mobile: +49 151 58 23 03 21
E-mail: ombudsmann@thielvonherff.de
Reporting platform: www.report-tvh.com
Homepage: www.thielvonherff.de
Anyone who makes a report in good faith is protected. All reports will be investigated with the utmost care and respect for the rights of all parties involved.
5. Opportunity and risk management:
Opportunities and risks are often closely related. One impacts the other: a missed opportunity can become a risk to the company, for example. In order to successfully achieve company goals, opportunity and risk management analyzes whether things are progressing in the desired direction early on. So all processes are evaluated and managed in a targeted manner.