Compliance
Acting ethically and lawfully ensures our long-term success
For Lipoid, compliance means acting in accordance with external and internal standards. These can be imposed by external laws and regulations or defined by internal programs, procedures, and controls. Responsible, ethically correct, and lawful action is elementary for the success of Lipoid as our customer orientation and the quality of our products.
The essential guidelines for our actions are therefore described in our Code of Conduct. It is mandatory for all Lipoid employees worldwide and is intended to help identify risks and thus prevent violations of the law.
Whistleblower System Compliance Violation
The Lipoid Group’s whistleblower system is responsible for reporting specific or potential legal violations by Group employees.
Business partners, customers or other third parties also have the opportunity to submit reports around the clock via various reporting channels if there are concrete indications of breaches of the rules. This enables risks to be identified and addressed at an early stage and appropriate remedial action to be taken if necessary.
Confidentiality and the protection of whistleblowers are paramount here. Information can be provided anonymously here. It is our Group-wide policy not to take any steps to determine the identity of a whistleblower who reports anonymously.
In addition to managers, local compliance departments and employee representatives as traditional points of contact, the Lipoid Group employees and external whistleblowers have various reporting channels at their disposal.