Business practices

Our approach

Jungbunzlauer’s management is responsible for ensuring good business practices through issuing various policies: “Code of Business Conduct”; “Health, Safety and Environmental Policy”; “Sustainability Policy”, “3rd party Code of Conduct”. Those have been shared with all employees during their introductory training, including all governance body members, and are available on our intranet.

Our ambition

Jungbunzlauer Group is active in all important markets throughout the world, thus compliance with different laws and regulations is essential for our business activities. Following our “Code of Business Conduct” guarantees that Jungbunzlauer’s reputation is maintained.

Key measures and evaluation

Business practices and potential issues are regularly discussed by senior management during monthly Management Committee meetings, and remedial measures implemented if necessary.

Measures Targets 2021 Progress and achievements 2021
Online compliance trainings

Continued online compliance trainings for commercial and administrative employees, including management

New training on social compliance

In 2021, 97% of employees finished the compliance trainings they were assigned for. All commercial employees as well as employees from administration and operations participated.

New training on social compliance about preventing discrimination, was added in our online compliance trainings in 2021

"Code of Conduct"


Corruption incidents

Update of “Code of Business Conduct”: Inclusion of our “Equality, Diversity and Inclusion Policy”

Zero confirmed incidents of corruption have been recorded in 2021

"Corporate Social Responisbility Policy" Review Preparing document review for 2022
Export control procedure

Continue training of employees on new export control procedure implemented in 2019

Compliance with the respective export control law

Avoidance of infringements against export controls

Creation of uniform standards

A completion rate of 93% (of relevant employees) was reached for export control training in 2021
Whistle blowing system Monitoring of whistle blowing procedure In 2021, one misconduct was recorded via our external whistle blowing hotline. After a thorough investigation by a third party the allegations were confirmed. Disciplinary actions were executed


In order to keep up our high standards in business practices, compliance trainings are conducted biennially from 2021 onwards.

To prevent liability risks, internal and external audits will be carried out on a regular basis. Further internal communication on the whistle blowing service will be conducted in all relevant teams in 2022.