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  • Dear Readers!

    At the end of the year, it is never a bad idea to take a look back at what has been achieved and to try and predict what may happen in the coming year. 2014 was a turbulent year in many ways. The current conflicts in Europe and other parts of the world continue to affect the global economic climate. Chancellor Angela Merkel laconically summed up the situation at the G20 summit in Brisbane, Australia, commenting that it was ‘impossible to overlook the fact that the current geopolitical tensions were not good for growth’. Against this backdrop and despite all the crises, we are very pleased to see that REMONDIS has enjoyed steady growth this year and strengthened its position on the global market. This can, on the one hand, be put down to the realignment and strengthening of our scrap metal activities and our maintenance and services division. On the other hand, REMONDIS has succeeded in expanding its regional presence and extending the reach of its networks both in Germany and abroad. This year, the company has also focused on intensifying its operations in core regions, i.e. in the regions it is expecting to experience long-term growth.

    Since the Solidarnosc era, Poland has developed into a kind of model EU member state with great prospects for growth and a genuine enthusiasm for the European ideal. In this positive economic climate, REMONDIS has not only managed to maintain but also to expand its position on the Polish market – and this can all be put down to the quality of its services and its ability to invest. Examples of this can be found in Stettin, Gliwice and Opole as well as in this issue of the REMONDIS aktuell magazine. Let us attempt to predict what may happen in 2015. Discussions are currently being held in Germany about passing a new recyclables law. We must wait and see just what challenges we will have to face. According to a report published by the Fraunhofer Umsicht Institute, carbon emissions could be reduced by 1.6 million tonnes if absolutely all recyclable waste in the country were to be collected and recycled. This would be the equivalent of a good 6% of the German government’s target to reduce its emissions by at least 40 percent by 2020. REMONDIS, as the biggest water, recycling and industrial services company, is ready and prepared to contribute towards achieving these goals.

    Healthy growth and sustainability will continue to be two sides of the same coin at REMONDIS in 2015. As always, we will drive our business forward to further stabilise and expand our company divisions. Such growth is only possible with well qualified and highly motivated staff and with satisfied customers and partners.

    We would like to use this opportunity to say a big ‘thank you’ to you all and to wish you a very happy Christmas and all the very best for 2015.

    Yours

    Egbert Tölle

Operating an ethical, moral and responsible business

  • “Corporate compliance” is a subject our staff encounter more and more often when they meet up with customers, business partners or politicians. Practically every contract and tender now has a clause stipulating that corporate compliance guidelines must reflect – at the very least – minimum international standards and that these must be adhered to at all times. Nowadays, a company’s success depends very much on whether it is prepared to voluntarily commit itself to such standards. What exactly is corporate compliance, however, and what must each member of staff do to let their customers and business partners know that REMONDIS is not just a competent partner but also a company that operates an ethical, moral and responsible business?

More than simply sticking to statutory regulations

Corporate Compliance effectively describes the ability of a company to adhere to a set of rules, no matter whether they are specific regulations, codes of conduct or guidelines. This compliance, however, goes far beyond simply sticking to statutory regulations. In other words: it is not enough for a company to be operated in a legally correct manner, it must also be run in accordance with fundamental moral and ethical principles – promoting equal opportunities and fair competition and preventing corruption and child labour at all its businesses, both on its home market and abroad. Senior management is responsible for the actions of its staff and, in the worst case scenario, is at personal risk of prosecution. If an individual employee acts improperly, this might not only have serious legal consequences for the person in question but also for the company as a whole and its senior management team. REMONDIS has, therefore, been promoting maximum levels of transparency for many years now.

  • ”Nowadays, the success of a company very much depends on whether it is ­prepared to adhere to corporate compliance regulations.“

    Thomas Conzendorf, REMONDIS Board Member

Preventing damage to the company

Mandatory compliance regulations were introduced into the company at a time when such decisions were very much the exception rather than the norm. There is a good reason for doing this: according to a study published by PricewaterhouseCoopers, the total damage caused by compliance violations in Germany lay at around 6 billion euros in 2007 alone.

The necessity of a company to comply with statutory regulations is not just a matter of moral duty, it is also set out in black and white. In Germany, Sections 9, 30 and 130 of the ‘Ordnungswidrigkeitengesetz’ or ‘OWiG’ for short (Administrative Offences Act) stipulate that a company and its senior management are responsible for ensuring that its staff do not act illegally. Should an employee overstep legal boundaries, then both the senior management team and the company itself, as the legal entity, may be prosecuted alongside the actual member of staff, if it can be proven that they failed to introduce the necessary organisational and supervisory measures. If, for example, a company employee is guilty of corruption, then the company may not only find itself facing a civil action in the courts brought about by the party disadvantaged by the employee’s actions. The company or the company management team may also be prosecuted for violating the ‘OWiG’ if they failed to meet their organisational and supervisory duties. Numerous other statutory regulations set out the various duties and obligations of a company, not least when it comes to preventing violations of competition law. Sections 91 and 93 of the ‘AktG’ (German Stock Corporation Act) and Section 43 of the ‘GmbHG’ (German Limited Liability Companies Act) are further examples of how a company must ensure rules and regulations are adhered to if it wishes to avoid legal proceedings.

Own corporate compliance department

  • In order to ensure that such conflicts and damage to the company are avoided in the first place, REMONDIS has set up its own Corporate Compliance department which is being led by Dr Ernst-Joachim Grosche. REMONDIS’ aim is not simply to make sure it sticks to the rules. It is looking to protect its good reputation, its employees and the company itself against sanctions. By creating a compliance team, customers and employees now have a place they can turn to to prevent potential violations. The compliance team can be reached by phone, email and a special hotline. They will, therefore, be helping to make sure business processes remain compliant and sustainable – working for the future.

    Further information can be found online at 
    Corporate Compliance

     

  • Anyone with a question about corporate compliance can now contact Dr Ernst-Joachim Grosche, Chief Compliance Officer, and Zhanna Barysiuk, Assistant Chief Compliance Officer

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