Code of Conduct


Isolier- und Textiltechnik Fingerhuth is committed to its social responsibility worldwide. In particular, Isolier- und Textiltechnik Fingerhuth bears responsibility towards its own company and its own employees, towards customers and suppliers as well as towards the environment and society within the scope of its entrepreneurial activities. This Code of Conduct describes the binding value base for Isolier- und Textiltechnik Fingerhuth with regard to social and societal responsibility as well as fair competition.

1. General principles

1.1 Basic understanding

Isolier- und Textiltechnik Fingerhuth recognises its social and societal responsibility and is committed to living up to this responsibility in all its corporate activities.

1.2 Compliance with the law

Isolier- und Textiltechnik Fingerhuth undertakes to comply with the applicable laws and other relevant regulations of the countries in which it operates in all business actions and decisions. Business partners are to be treated fairly. Contracts are respected, taking into account changes in the framework conditions.

1.3 Orientation towards generally applicable values and principles

Isolier- und Textiltechnik Fingerhuth bases its actions on generally applicable ethical values and principles, in particular integrity, honesty, respect for human dignity and non-discrimination.

2. Principles of social and societal responsibility

2.1 Human rights

Isolier- und Textiltechnik Fingerhuth respects and supports the observance of internationally recognised human rights. In particular, it respects human rights in accordance with the UN Human Rights Charter (Universal Declaration of Human Rights, General Assembly Resolution 217 A (III) of 10/12/1948).

2.2 Prohibition of discrimination

Isolier- und Textiltechnik Fingerhuth rejects any form of discrimination within the framework of the respective applicable rights and laws. This refers in particular to discrimination against people on the grounds of race, ethnic origin, gender, religion or belief, disability, age or sexual identity.

2.3 Occupational safety and health protection

Isolier- und Textiltechnik Fingerhuth ensures occupational safety and health protection in the workplace within the framework of national regulations. Isolier- und Textiltechnik Fingerhuth supports continuous development to improve the working environment.

2.4 Working conditions, prohibition of forced labour and child labour

Isolier- und Textiltechnik Fingerhuth respects the right to freedom of association and assembly of its employees within the framework of the respective applicable rights and laws. Isolier- und Textiltechnik Fingerhuth complies with labour standards regarding the maximum permissible working hours and remuneration, in particular the level of remuneration in accordance with applicable laws and regulations. Employees shall be protected from physical punishment and from physical, sexual, psychological and verbal harassment. The privacy of the employees is respected. The prohibition of forced labour of any kind is observed. In particular, the Forced or Compulsory Labour Convention, 1930 (International Labour Organisation Convention 29) and the Abolition of Forced Labour Convention, 1957 (International Labour Organisation Convention 105) are respected. Isolier- und Textiltechnik Fingerhuth complies with regulations prohibiting child labour, in particular the Minimum Age for Admission to Employment Convention, 1973 (International Labour Organisation Convention 138) and the Prohibition and Immediate Action for the Elimination of the Worst Forms of Child Labour Convention, 1999 (International Labour Organisation Convention 182). If a national regulation concerning child labour provides for stricter standards, these shall be observed as a matter of priority.

2.5 Environmental protection

Isolier- und Textiltechnik Fingerhuth is sustainably committed to the goal of protecting the natural basis of life for present and future generations. Laws and regulations enacted to protect the environment are observed.

2.6 Communication

Isolier- und Textiltechnik Fingerhuth communicates openly and dialogue-oriented about the requirements of this Code of Conduct and its implementation to employees, customers, suppliers and other stakeholders.

3. Principles of fair competition

3.1 Prohibition of corruption

Isolier- und Textiltechnik Fingerhuth rejects corruption and bribery. When dealing with business partners and government institutions, the interests of Isolier- und Textiltechnik Fingerhuth and the private interests of employees on both sides are strictly separated. Decisions are made free of extraneous considerations and personal interests. The applicable criminal law on corruption shall be complied with. The granting of personal benefits by Isolier- und Textiltechnik Fingerhuth and its employees to domestic or foreign public officials (such as civil servants or public employees) for the purpose of obtaining benefits for Isolier- und Textiltechnik Fingerhuth or themselves or third parties is not permitted. Monetary personal advantages in return for unfair preferential treatment in business dealings between companies may neither be offered, promised, granted nor approved. Likewise, in dealing with business partners, personal advantages of value may neither be demanded nor accepted for unfair preferential treatment in business dealings. Isolier- und Textiltechnik Fingerhuth management and employees may not offer, promise, request, grant or accept gifts, payments, invitations or services in business dealings that are granted with the intention of unfairly influencing a business relationship or where there is a risk of compromising the professional independence of the business partner. This is generally not the case with gifts and invitations that are within the scope of customary hospitality, custom and courtesy.

3.2 Behaviour towards competitors

Isolier- und Textiltechnik Fingerhuth respects fair competition. Therefore, it complies with applicable laws that protect and promote competition, in particular applicable antitrust laws and other laws regulating competition. In dealing with competitors, these regulations prohibit in particular agreements and other activities that unfairly influence prices or conditions, unlawfully allocate sales territories or customers or unlawfully hinder free and open competition. Furthermore, these regulations prohibit unfair agreements between customers and suppliers aimed at restricting customers' freedom to autonomously determine their prices and other conditions when reselling (price and condition fixing).

3.3 Trade secrets

Isolier- und Textiltechnik Fingerhuth respects and safeguards the trade and business secrets of others. Confidential information as well as confidential documents may not be disclosed to third parties without authorisation or made accessible in any other way, unless authorisation has been granted for this purpose, the information is in the public domain or an enforceable decision of an authority or a court requires this.

4. Scope, implementation, suppliers

4.1 Scope

This Code of Conduct applies to all Isolier- und Textiltechnik Fingerhuth subsidiaries and business units.

4.2 Implementation and compliance

Isolier- und Textiltechnik Fingerhuth makes the contents of this Code of Conduct and the obligations arising from it known to its employees. It shall take appropriate measures to ensure that this Code of Conduct is complied with.

4.3 Suppliers

Isolier- und Textiltechnik Fingerhuth will communicate the principles of this Code of Conduct to its immediate suppliers, promote compliance with the contents among its suppliers to the best of its ability, and encourage them to also comply with the principles set forth in this Code of Conduct. Isolier- und Textiltechnik Fingerhuth will further recommend to its direct suppliers that they in turn ask their suppliers to comply with this Code of Conduct.