Compliance – A prerequisite for our success
Our compliance maxim means that we do not tolerate:
- Restriction of free and fair competition
- Corruption
- Any form of financial crime whatsoever
- Other violations of applicable laws
We are resolutely committed to taking action against all of the above.
Along with abiding by laws, regulations, and our own company values, for Sto and StoCretec, compliance provides the foundation for integrity in the business arena: in all that we do, we act in a way that is ethically and socially compliant. The compliance culture and the values of the Sto Group underpin all day-to-day activities and our success. True to our mission: “Building with conscience”.
Compliance at Sto and StoCretec
The compliance management system from StoCretec and Sto consists of several interconnected modules and is intended to ensure compliance with company rules and laws at all times. It comprises three areas of responsibility:
Prevent
The following preventive measures help to convey our values and create a reliable framework for working in accordance with the rules:
- Risk management at Sto
- our policies
- comprehensive training and advice for our employees worldwide
Recognize
In order to identify and fully investigate misconduct, it is essential to provide ways and means of reporting suspected or actual violations of company rules and statutory regulations.
React
Any misconduct is always responded to consistently.
The compliance management system follows the PDCA cycle (Plan, Do, Check, Act). In this logical sequence, it can be implemented methodologically optimally and effectively and continuously improved by eliminating weak points.
Communication
At Sto and StoCretec, we integrate compliance into the operational and value-adding processes. Communication is the key to compliance at Sto. It is reinforced by the "tone from the top" of the Management Board of STO Management SE. In this way, we permanently anchor responsible behavior in the consciousness of all employees of the Sto Group.
We also want to be sure that our business partners cannot be linked to corruption, money laundering, fraud or other activities that pose a risk to the company. That is why we select our business partners only after a previous careful examination and monitor the ongoing cooperation.
The possibility for external stakeholders to report possible misconduct via different channels helps to react to problematic circumstances or developments at an early stage. The Chief Compliance Officer, Christophe Verolet, accepts reports personally on the phone or by e-mail: compliance@sto.com
Online whistleblower system
Reliable reporting channels for compliance violations and the protection of whistleblowers from sanctions are essential for effective compliance: they help to ensure that possible misconduct can be reported, comprehensively investigated and clarified.
Further information can be found here: whistleblower system page.
You can report your reports of compliance violations here: whistleblower system
Sto Group’s Code of Conduct
In the Sto Group, we combine economic success with social responsibility and environmental protection. The Group is quality-orientated and operates internationally. This is why our standards of behaviour are the same worldwide and are based on a global code of conduct.
In order to be successful together, it is crucial that every employee of the Sto Group acts in accordance with our mission and brand values.
Ensuring compliance is an essential part of our daily work. We must cultivate and further develop a culture of honesty in which legally compliant behaviour is the personal responsibility of all employees.
Our Code of Conduct serves as a binding guideline for acting with integrity.
Download Code of Conduct | PDF 0,1 MB
It is binding for all employees of the Sto Group and applies worldwide. The Code of Conduct summarises important laws and internal company regulations that govern conduct in the business environment with third parties, in dealings with the public and also for daily interaction within the Group.
Supplier Code of Conduct
We are aware of our responsibility towards our business partners as well as towards the climate and society. We have therefore defined sustainability as one of our core competences as part of our corporate strategy. Sustainable behaviour is a basic prerequisite for long-term success.
Together with our suppliers, we want to further develop their sustainability performance in the supply chain. The success of the cooperation between us and our business partners is based on mutual trust, transparency, reliability and fairness. This Code of Conduct defines our requirements for responsible business practices, human rights and labour standards, environmental protection and product safety.
Download Supplier Code of Conduct | PDF 3,2 MB
_2400_1600_W1025xH0.webp)
Upholding of basic human rights
Ever since our company was founded, it has been important to us to take responsibility for people and the environment. We base our business activities on this mission to ensure we meet the needs of our stakeholders and the environment, while also offering sustainable solutions. If we are to realise our vision of being the global technology leader in the sustainable design of living space tailored to human needs, we must conduct all our activities in a way that is responsible and totally ethical.
We ensure that our products only contain raw materials and materials that have been extracted and produced while upholding human rights and environmental standards, and we are committed to complying with the Act on Corporate Due Diligence Obligations in Supply Chains (Lieferkettensorgfaltspflichtengesetz, LkSG).
We are fundamentally committed to reinforcing human rights and preventing their violation. It is also particularly important to us that every actor all along the value chain respects international human rights.
To our Policy Statement on Human Rights | PDF 0,1 MB
