Austria’s Corporate Compliance Training: TÜV AUSTRIA Group Embraces Global Standards of Conduct
Upholding Integrity with Global Standards
The TÜV AUSTRIA Group has announced its membership with the TIC Council, a global association of testing, inspection and certification companies. As a member of this esteemed organization, TÜV AUSTRIA is bound by the TIC Council’s Compliance Code, which outlines seven key principles that all members must adhere to.
Seven Key Principles
The seven principles are:
- Integrity: Conducting business with honesty and transparency
- No Conflict of Interest: Avoiding situations where personal interests may conflict with professional obligations
- Confidentiality and Data Protection: Protecting sensitive information and ensuring data security
- Anti-Bribery: Refraining from bribery in all its forms
- Fair Business Conduct: Engaging in fair and ethical business practices
- Health and Safety: Prioritizing the well-being of employees, customers, and stakeholders
These principles have been incorporated into TÜV AUSTRIA’s own Code of Conduct, a comprehensive guide for employees on expected behaviors and standards of conduct.
Electronic Whistle-Blower System
TÜV AUSTRIA has implemented an electronic whistle-blower system to facilitate reporting of misconduct based on the TIC Council Principles. The system, dubbed “tuvaustria.whistleblowernetwork.net”, is a secure online platform that allows employees and stakeholders to anonymously report any suspected unethical behavior or breaches of company policies.
Secure Reporting Platform
The whistle-Blower System features:
- Advanced Encryption: Ensuring the confidentiality and integrity of reported information
- Anonymization Measures: Protecting identities and preventing retaliation against whistleblowers
- Objective Treatment: Reports are treated fairly and with due diligence, with the presumption of innocence applying when misconduct has been reported
TÜV AUSTRIA strictly prohibits knowingly reporting false information and encourages a culture of openness and transparency.
Commitment to Corporate Compliance Training
TÜV AUSTRIA’s commitment to corporate compliance training is a significant step towards ensuring the integrity of its operations and upholding the trust of its stakeholders. By embracing global standards of conduct, the company aims to maintain its position as a trusted partner in the testing, inspection and certification industry.
Conclusion
By incorporating the TIC Council’s Compliance Code into its own Code of Conduct and implementing an electronic whistle-blower system, TÜV AUSTRIA demonstrates its commitment to upholding the highest standards of integrity. This commitment will help ensure the trust of its stakeholders and maintain its position as a trusted partner in the industry.