Compliance standards

Under the 3 cornerstones of "prevent – detect – respond", we implemented unambiguous and binding principles of conduct. They ensure that Siemens Gamesa acts according to law as well as to internal policies set out in the Business Conduct Guidelines.

The motto stands for the following measures:

Prevent: Measures such as risk management, policies and procedures, training and communication make it possible to avoid systematic misconduct.

Detect: Compliance work requires complete transparency for early detection of issues. This is accomplished either via defined tools that assess whether the processes are correctly implemented and/or by whistleblowing channels such as the ‘Integrity Hotline’, as well as professional and fair investigations.

Respond: Explicit consequences and clear reactions to misconduct are important to prevent it from happening again in the future.

Because compliance is the basis of our business activity and the key to our integrity. 

The Compliance organization has global governance and implementation responsibility within 3 areas: Compliance, Export Control and Customs (ECC), and Data Protection (DP).

Compliance
Only clean business is our business. Siemens Gamesa has zero tolerance for corruption, fraud, money laundering, and breaches of fair competition principles or other laws. This applies worldwide and at all levels of the organizations. In case of violations, we take swift action. Every employee is an important element in the program and is encouraged to contribute.

Data Protection
The collection, processing, usage, and storage of personal data is an integral part of our business. Thus, Siemens Gamesa Renewable Energy takes data protection seriously. We follow the General Data Protection Regulation of the European Union.

Export Control and Customs
Siemens Gamesa uses and ships commodities and technologies that are classified as dual-use goods. In this regard, our business must always comply with export control laws. Our mission is to first secure the Export Control and Customs compliance and second reduce the cost of wind energy.

Our Integrity Hotline is a whistleblower tool that offers the opportunity to report compliance violations in a secure manner, 24 hours a day, 7 days a week, in 13 languages, online or via telephone. Employees and management can use it, as can customers, suppliers and other stakeholders in case they have witnessed or learned about any irregular conduct.

We take data security very seriously: The reports can be sent anonymously, if desired. The system is managed by a third party supplier who ensures that messages and senders cannot be traced. All data supplied in a report is maintained on secure servers in Germany and the reported content is handled exclusively by Siemens Gamesa Compliance.

Moreover, we protect internal whistleblowers who report information to the best of their knowledge, with special regulations. However, intentional reporting of false information is prohibited by law in many countries.