Business Ethics & Compliance
Commitment to Business Ethics and Compliance
Hegelmann is dedicated to maintaining the highest standards of integrity, transparency, and ethical business conduct. The company adheres strictly to local, national, and international laws, ensuring that all business activities are conducted in compliance with ethical and legal guidelines.
A designated senior manager oversees business ethics compliance, ensuring that the company’s policies align with international best practices. Hegelmann has not received any official notices, fines, or prosecutions for non-compliance with business ethics legislation within the last three years, demonstrating its strong commitment to ethical conduct.
Business Ethics Risk Management Measures
Legal Compliance
Ethics Policies
Confidential Reporting System
Investigations & Corrective Actions
Training & Awareness
Anti-Bribery & Anti-Corruption
Hegelmann enforces a strict zero-tolerance policy on bribery and corruption. The company has implemented policies and mechanisms aligned with international anti-corruption laws, including the US Foreign Corrupt Practices Act and the UK Bribery Act.
Key Anti-Bribery Measures
Management Oversight
A designated compliance officer oversees anti-corruption initiatives.
Policies & Training
Employees receive regular training on bribery and corruption risks.
Whistleblower Protection
A confidential reporting mechanism ensures that concerns can be raised without fear of retaliation.
Business Partner Compliance
Suppliers and subcontractors must adhere to anti-corruption policies as part of their contracts.
Hegelmann has not been involved in any corruption or bribery lawsuits in the past five years. While the company does not currently operate a certified anti-bribery management system, it continues to strengthen internal controls and compliance mechanisms.
Human Rights & Environmental Due Diligence
Hegelmann has a structured Human Rights and Environmental Due Diligence (HREDD) framework to identify, prevent, mitigate, and address potential and actual adverse impacts in its operations and supply chain. The framework aligns with international guidelines, including the UN Guiding Principles on Business and Human Rights (UNGPs) and the OECD Guidelines for Multinational Enterprises.
Risk Identification & Assessment
- Regular risk assessments covering human rights (e.g., forced labor, discrimination) and environmental impact (ISO 14001:2015 methodology).
- Prioritization of risks based on legal compliance, stakeholder concerns, and economic/environmental impact.
Preventive & Mitigation Measures
- Decarbonization: Increased use of bio-LNG (From 1,890,000 kg in 2023 to 2,400,000 kg in 2024) and the adoption of electric trucks.
- Subcontractor Audits & GPS Monitoring: Ensuring compliance with ethical and environmental standards.
- Sustainable Procurement Standards: Implementing fuel efficiency and alternative fuel requirements for suppliers.
- Workforce Protections: A Code of Conduct communicated to employees and subcontractors.
Grievance Mechanisms & Stakeholder Engagement
- Multi-language grievance system accessible to all employees and subcontractors.
- Regular engagement with trade unions and worker representatives.
Remediation & Monitoring
- Contract Amendments: Adjustments to driver contracts following feedback on payment terms.
- Financial & Non-Financial Support: Housing and legal assistance for employees affected by crises (e.g., Ukraine conflict).
- Annual Due Diligence Reviews: Continuous evaluation and improvement of sustainability initiatives.
Continuous Improvement & Transparency
- Strengthening documented due diligence policies.
- Expanding sustainability data collection.
- Enhancing supplier engagement for better implementation and compliance.
Supplier Sustainability & Compliance
Supplier Compliance Framework
- Supplier Obligations: A formal policy requiring adherence to sustainability standards.
- Risk Assessments: Evaluations covering human rights, occupational health and safety, environmental impact, and corruption risks.
- Country and industry risk analysis.
- Supplier self-assessments supported by software or third-party services.
- Risk prioritization based on severity.
- Preventive & Corrective Measures:
- Training programs, audits, and sustainability-based supplier selection criteria.
- Sourcing Decisions: Compliance with human rights, health & safety, environmental protection, and anti-corruption measures directly influences procurement choices.
Regulatory Alignment
SMETA Ethics Compliance
Conclusion
Hegelmann is committed to upholding the highest standards in business ethics, anti-bribery & corruption, due diligence, and supplier sustainability & compliance. Through rigorous policies, training, risk assessments, and transparent reporting, the company ensures ethical and responsible operations across its supply chain. Continuous improvement remains a priority, reinforcing Hegelmann’s position as a responsible and sustainable business leader.