We are committed to being an ethical, value-based corporate citizen operating fairly and legally in every market.
Ethics and integrity are our foundation
We operate in many different countries, and across cultures, traditions, local laws and regulations. As a global company that does its business based on honesty and integrity, it comes natural to us to have a common set of guiding principles on what we believe to be good business conduct based on our values and applied to all of Grundfos employees in all Grundfos companies.
We are committed to being an ethical, value-based corporate citizen operating fairly and legally in every market, through respecting human rights, operating through a sustainable supply chain and having zero-tolerance to corruption.
Our commitment to respect Human Rights is integrated and communicated across the organisation through our values, group policies and our Code of Conduct.
Our Human Rights journey
Our work with human rights is an ongoing process, and our human rights due diligence programme ensure that we respect and advance human rights. Have a look at our journey so far with a brief re-cap of our values, code of conduct and suppliers code of conduct, including our human rights impact assessments in China, Serbia, Mexico and india.
Code of Conduct
We believe that honesty and integrity are universal languages that align with our core values. The Code of Conduct applies to all employees of Grundfos in all positions and in all countries.
Read the Code of Conduct and learn how we do business.
Code of Conduct Governance
Our Code of Conduct is supported by a strong Code of Conduct Governance Framework. Its role is to support and facilitate the overall understanding of our Code of Conduct along with our compliance, which is rolled out by the Group Management to each individual employee.
Grundfos Ethics Committee, an independent body of executive managers appointed by Group Management, is the core element of the framework. Other than continuingly monitoring our compliance with the Code of Conduct, the Ethics Committee is also responsible for Grundfos whistle-blower function which provides employees, board members, and third parties cooperating with Grundfos (such as suppliers, advisers, consultants, business partners, etc.) the means to report suspected breaches of the Code of Conduct. It is our commitment to conduct business based on honesty and integrity.
Supplier Code of Conduct
We work with suppliers along the global supply chain to ensure they comply with our standards. Our focus is on cooperation, accountability and sustainability audits.
Just as we stipulate standards of ethical practice for ourselves in a formal Code of Conduct, we have a Supplier Code of Conduct that establishes related requirements for all of our suppliers.