Lenzing’s mission of compliance
“We are a global company and naturally act in a compliant manner. Our Compliance Management System is an integral part of the Lenzing Group’s reporting system. The compliance function aims to advise and support all Lenzing employees, executives and managers through preventive risk-oriented measures and consistent detection and response processes, ultimately protecting them from the negative consequences of violations of laws and values.”
Compliance goes beyond adhering to legal requirements
Lenzing strives to achieve exemplary quality in products and processes, as well as integrity and honesty in dealing with business partners and shareholders. Compliance at the Lenzing Group not only stands for compliance with legal regulations and regulatory standards. Compliance for Lenzing is a question of attitude that also reflects a culture of tolerance and integrity when dealing with one another. Thus, the subject of compliance via the active responsibility of all employees and executives, as well as a shared culture of values is firmly anchored within the entire Group.
To Lenzing, compliance is teamwork
Lenzing’s compliance organization is transnational and composed of international experts led by the Group Compliance Officer, who reports directly to the Managing Board and the Supervisory Board. The executives of the Lenzing Group have the task of ensuring that the rules are known, understood and adhered to by all employees. Lenzing expects its employees to comply with its rules of conduct. They are also asked to be alert, examine carefully and report anything that can be improved or any violation of rules and values that is detected.
The management has adopted a Compliance Management System for the entire Lenzing Group, which is intended to ensure and demonstrate compliance with legal provisions, the Lenzing Global Code of Business Conduct and internal directives on a permanent basis.
