In 2014, Clariant unified the process of reporting, compilation of information, investigation and disciplinary action of the violations to the . Herein the jurisdictions are clearly regulated with respect to the investigation of the Code of Conduct violations between the areas of Group , Group HR, and ESHA.

In 2015, Clariant received 61 reports containing 67 allegations of breaches of the Code of Conduct in the following categories:

  1. Health & Safety, Environmental Violations: 3
  2. Business Integrity: 26
  3. Treatment of Employees: 28
  4. Reports with no content or no allegations (including “Ask a Question”):10

Out of these 67 allegations, 37 were investigated and closed in the same year, whereas for 30 allegations, the investigations are still ongoing.

In total, the Clariant Group issued 18 disciplinary actions against employees for Code of Conduct violations in the reporting period, out of which 6 were dismissals. For corruption charges, zero employees were disciplined, and there were no legal proceedings against Clariant or its employees for alleged corruption. In addition to that, Clariant terminated zero suppliers, but 3 business partners (agents, distributors or consultants), and suspended 1 business partner for the duration of the ongoing investigation.

Compliance

Compliance is a key element of Corporate Governance. It refers to compliance with the law and directives as well as with voluntary codes within the company. VIEW ENTIRE GLOSSARY