Compliance principles form the basis of fair business behaviour and lay the foundation for social dialogue, especially with suppliers and business partners. Breaches of laws and illicit and non-compliant behaviour can entail far-reaching social and commercial effects. Stringent compliance with the company's own and legal requirements is essential to ensure the trust of the stakeholders in the longterm.
The AMAG code of conduct supplements the guidelines. This governs dealings with business partners, shareholders and employees and forms the basis of daily activities. The code of conduct can be found on the company website together with the compliance rules for suppliers. The compliance rules are communicated actively to all suppliers and are integrated into our general purchasing terms and conditions. AMAG’s suppliers are expected to comply with these principles.
Central compliance measures are:
As a supplier of high-quality aluminium products, AMAG endorses the values enshrined in the Universal Declaration of Human Rights and the core conventions of the International Labour Organisation based on the non-discriminatory respect for the dignity of the individual.
A systematic approach is pursued by companies’ relevant purchasing departments along the supply chain with the aid of responsible procurement management in order to avoid human rights abuses as extensively as possible. The Group works with associations, organisations and competitors to ensure the responsible procurement of raw materials.
As a founding member of the Aluminium Stewardship Initiative, AMAG actively contributes to sustainability and transparency along the aluminium value chain and promotes the implementation of responsible practices. Adherence to human rights is required by the ASI and examined and monitored in the course of ASI certification.
The basic sustainability requirements of supply chains with respect to management, human rights, occupational safety, environmental protection and energy efficiency are defined in the compliance rules for AMAG suppliers. These are actively communicated to all suppliers and integrated into our general purchasing terms and conditions.
Employees and third parties can turn to the compliance hotline to report any misconduct, breaches of laws or directives – also with regard to human rights (email address: firstname.lastname@example.org or on +43 7722 801 2227). All reports are processed anonymously and the identity of Whistleblowers is treated confidentially.
Since the 2017 reporting year, we have published a summarized non-financial statement in our management report, thereby fulfilling our reporting obligation in accordance with the Sustainability and Diversity Improvement Act (NaDiVeG). It summarizes the essential information for AMAG on the five required aspects of environmental issues, employee issues, social issues, respect for human rights, anti-corruption and bribery.