Compliance

Over the past almost 30 years, the Hungarian subsidaires of Porsche Holding Salzburg have earned an outstanding reputation for their exemplary corporate responsibilitiy and compliance with their high ethical standards.

What is compliance?

Compliance means to comply with all laws and regulations. The main purpose of compliance is to prevent violations and irregularities.

As a member of a globally active group of companies, compliance for us means us means that, in addition to existing laws, our employees also adhere to moral principles that go far beyond the law. These principles are summarized in our Code of Conduct for all member companies.

As part of our responsibility for society, we act in accordance with the following principles:

Human Rights

We respect, protect and promote all regulations in force to protect human rights and children's rights as a fundamental and general requirement throughout the world. We reject all use of child labor and forced or compulsory labor as well as all forms of modern slavery and human trafficking.

Equal opportunity and equal treatment

All forms of discrimination are prohibited. We embrace diversity, actively encourage an inclusive and accepting mindset.

Product conformity and product safety

During the development and production of our products, we always comply with the relevant legislation, official regulations and internal rules. We ensure that the products meet the most up-to-date technical requirements and take the necessary measures in time in the event of deviations. We do not compromise on our quality expectations.

Environmental protection

We are responsible for the environmental impacts of our products, facilities and services. Therefore, we prioritize environmentally friendly and efficient technologies, applying them from development through to the end of use. We strive for the economical use of resources, the reduction of environmental impact, and compliance with relevant environmental regulations. We continuously monitor and, when necessary, improve the environmental sustainability of our products. We actively participate in social dialogue about the future of sustainable mobility.

Donations, sponsorships and charity

Donations are only given for public benefit, such as education, research, culture or charitable purposes. Only organisations that are eligible to receive donations are eligible. All grants go through a transparent approval process.

Communications and marketing

In order to maintain the trust of our customers and partners, we strive for uniform and transparent communication. All communication or marketing steps are coordinated in advance with the relevant specialist areas, and we always comply with data protection regulations.

Political lobbying

We conduct our lobbying activities transparently, responsibly, and in a non-partisan manner. It is prohibited to exert undue influence on political decision-makers.

Responsible Business Conduct

  • We comply with legislation, internal rules and our corporate values.
  • We sell our products and services exclusively through official, contractual channels
  • We respect our colleagues' privacy but avoid conflict between personal and business interests
  • Our decisions are objective, they are not influenced by personal relationships.
  • The handling of gifts, invitations and hospitality is governed by internal policies
  • We reject all forms of corruption

Financial transparency

  • We work only with reliable partners who operate legally.
  • Cash flows are transparent, financial reports are accurate and prepared on time
  • We comply with national and international accounting regulations
  • We fulfill our tax and costums obligations accurately and of time

Competition and market

  • We conduct our business on a performance basis and within the framework of free competition
  • We do not enter into anti-competitive agreements
  • We do not abuse our dominant position
  • We comply with the rules of antitrust law when cooperating with contractual partners

Procurement and external trade

  • We select suppliers carefully and according to objective criteria
  • Purchases are made in accordance with the relevant internal guidelines
  • We comply with all export and import legislation

Handling of insider information

  • Information relevant to the stock exchange will be handled exclusively in accordance with internal rules
  • We do not pass on inside information to external persons or family members

Occupational safety, data security, know-how protection

  • We are committed to occupational safety and healthy
  • We protect personal data and only process it lawfully
  • We protect corporate knowledge (know-how) and respect the intellectual property of others
  • We protect IT security and corporate assets in a targeted way

Employee representation

  • We recognize the right of employees to employees to represent their interests
  • We strive for an open, trusting and fair dialogue
  • Fair cooperation is part of our corporate culture

Training and awareness

  • We regularly train our staff to understand and comply with policies and rules