Governance
Ethics and transparency in corporate governance
As part of the Group strategy, good corporate governance is essential for Bilfinger's successful positioning. At the same time, it forms an important basis for achieving operational excellence.
The following aspects are particularly relevant for Bilfinger in the context of corporate governance: corporate ethics and culture, combating corruption, a secure whistleblower protection system, well-organized supplier relationships and fair payment processing for suppliers.
Targets and actions
For Bilfinger, good corporate governance means ethical and legally responsible behavior toward business partners, employees, shareholders, society and the environment.
Acting ethically
The aspiration for good corporate governance results in a duty of care. It determines the actions of our managers and governing bodies. And it applies to the entire system of management and supervision of the company – from organization and control, to business policy guidelines, to control and monitoring mechanisms.
Transparent corporate governance stands for value creation, efficiency and sustainability. It is the basis for our sustainable, profitable growth. And it creates trust among customers, employees and inthe capital market.
The Bilfinger mission statement and our Code of Conduct describe integrity and security as central guiding principles for the management and employees.
Fighting corruption
Our Compliance Management System is aimed at legally compliant behavior, avoiding liability through prevention and protecting our reputation. The focus is on preventing and combating corruption. Bilfinger's Compliance Management System is based on the relevant national and international laws and standards. It follows the model of prevention > detection > reaction.
We conduct all internal investigations confidentially, objectively, independently and consistently and avoid conflicts of interest. We apply the zero tolerance principle:reported suspicions are always followed up. Misconduct is sanctioned and prevented or made more difficult in the future.
Confidential
Reporting Line
If you are uncomfortable with any of these channels, or if you are not a Bilfinger employee, you may use our Confidential Reporting Line, consisting of an elextronic postbox and teleohone-hotline, 24 hours a day, 365 days a year, operating in multiple languages.
The Confidential Reporting Line is managed by an idependent services provider.
00800 – B-I-L-F-I-N-G-E-R
(00800 - 245 34 64 37)
If you cannot reach the hotline, please check here, wether a different number applies in your country. If this is not the case, please click on the link above to access our electronic postbox.
Protect whistleblowers
We encourage all employees to report violations of laws, the Code of Conduct or other internal regulations. We have set up a whistleblower system for this purpose. This system allows potential misconduct by Bilfinger employees or business partners to be reported confidentially – anonymously if desired. It is available 24 hours a day, 365 days a year in several languages. We protect whistleblowers from reprisals, discrimination or retaliation so that no one has to fear negative consequences.
Workers in the value chain
In principle, the same standards apply to external workers as to our own team.
In addition to other Group-wide regulations, Bilfinger has a Code of Conduct for suppliers based on the German Supply Chain Act (LkSG). Anyone who wants to become a Bilfinger supplier must accept the Code of Conduct without reservation – including the employee rights defined in it.
Managing relationships with suppliers
We largely regulate our relationships with suppliers through our Code of Conduct for Suppliers. It includes environmental and climate protection, anti-corruption and how to deal with conflicts of interest. Our suppliers are required to ensure that their own supply chain due diligence requirements and standards.
We pay our suppliers in accordance with agreed payment terms that are as uniform as possible. We do not discriminate against small and medium-sized suppliers.
Compliance is a key component of our company's business. We therefore use a variety of formats to train and raise awareness among employees. The Virtual Compliance Week is an excellent forum to reach many of our employees within a short period of time and in an efficient manner. "
Jürgen LiedlPresident Engineering & Maintenance Europe at BilfingerThe issue of compliance in our supply chains is of fundamental importance to us at Bilfinger. In order to ensure the high quality of our services over the long term, our purchasing department is guided by a defined set of criteria when selecting new suppliers. Human rights, environmental and occupational safety standards play an important role in this context. Bilfinger has an important competitive advantage with these quality features. "
Christoph BäumerChief Procurement Officer at Bilfinger 
