Compliance
"Exceptional performance and ethics are not mutually exclusive, they are absolutely essential". Started by Siemens’ CEO Peter Loescher, a wide-ranging Compliance Program has been put in place to deliver this. Based on the three pillars:
Prevent – prevention of incidents;
Detect – early recognition of issues;
Respond – appropriate response to suspicious circumstances;
as well as a systematic continuous improvement process, Siemens will establish a system to achieve the target to be a recognized leader in Compliance and Transparency. Each of the three pillars – represented in the graphic below – is underpinned by concrete actions and responsibilities.
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