Kelvion stands for fairness, human rights and sustainability
Corporate responsibility
Our corporate responsibility
Corporate responsibility and sustainability are essential components of Kelvion's corporate philosophy. With increasingly important ESG (Environmental, Social, Governance) criteria for sustainable corporate management, establishing and adhering to relevant standards is Kelvion’s utmost priority. In detail, this means that we strive for the highest level of compliance in all functions and involving all relevant parties. These established criteria relate to the consideration of ecological, social and governance-related aspects in our corporate strategy. The ‘G’ in ESG stands for Governance and therefore corporate governance. In our case, this area forms a comprehensive foundation for our corporate responsibility by ensuring that we uphold ethical standards and create long-term values. This includes, for example, the careful examination of human rights throughout the value chain at Kelvion.
Our global Code of Conduct contains guidelines on key compliance topics such as environment and safety, general behaviour, antitrust and competition law, fraud and bribery prevention, as well as data protection and working conditions. Specific guidelines for each compliance area provide detailed advice to all Kelvion employees on how to conduct their business to comply with regulations.
All Kelvion employees are entitled and encouraged to confidentially approach their supervisors, line managers, the HR department, legal department, compliance department, or even executive level if concerns or compliance issues arise. Kelvion has also established a whistleblowing channel. Here, employees or external stakeholders can raise concerns, contact Kelvion Compliance, and remain anonymous if desired. Kelvion follows up all related concerns and reports are documented.
Furthermore, we have developed a compliance training plan for all employees, covering various key topics such as combating corruption and bribery. Employees are required to complete corresponding mandatory online training with an integrated knowledge test, available in 11 languages.
Sustainable Supply Chain Management
Within Kelvion, the role of Supply Chain Management is clearly defined as one of the ESG key players based on the following criteria:
- The EVP Procurement is a member of the Kelvion Management Team.
- Two of the nine members of Kelvion's ESG Committee are from Supply Chain Management.
This is done against the backdrop of increasing demands for sustainability criteria worldwide, which are also embedded within the corporate governance at Kelvion. The representatives of the Supply Chain Management function consider ESG requirements in a balanced manner between country-specific and global requirements.
Our corporate responsibility
Internal audits at Kelvion are based on the International Standards of Internal Auditing as defined by the International Institute of Internal Auditors (The Institute of Internal Auditors (THEIIA)). Regular internal audits are conducted based on a multi-year audit plan to ensure that appropriate processes are established within the company and functioning properly.
- By integrating ecological, social and economic aspects into our business strategies, we strengthen our market position and empower our customers to operate sustainably.
- Through the development of future-proof solutions and services focused on sustainability, we can meet future market demands.
- Business ethics and corporate social responsibility are integral components of forward-thinking and responsible actions in our global company.
Compliance with applicable laws and our internal policies & procedures is of the highest importance to protect Kelvion, our employees and business partners. The Kelvion whistleblower system is open to all employees, business partners, and also any third parties to provide information about specific or possible violations of law or our policies & procedures.