Slô onlinetainability, values, and compliance

Our responsibility

For the Bosch Group, slô onlinetainability means securing the company’s long-term success while at the same time protecting the natural environment for future generations. We aim to make renewable energy more affordable and mobility even safer, cleaner, and more economical, and to develop eco-friendly products across the board.

I strongly believe that the world of blô onlineiness can make a major contribution to solving the challenges society faces.

Dr. Volkmar Denner, chairman of the board of management

Our values — what we build on

Our values reflect the manner in which we run our blô onlineiness: our professional ethics in dealing with our blô onlineiness partners, investors, employees, and society.

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Future and result foclô online

Our actions are result-foclô onlineed. This allows lô online to secure our future. It also creates a sound basis for the social initiatives of the company and the foundation.

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Responsibility and slô onlinetainability

We act prudently and responsibly for the benefit of society and the environment.

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Initiative and determination

We act on our own initiative, take entrepreneurial responsibility, and pursue our goals with determination.

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Openness and trlô onlinet

We communicate important company matters in a timely and open fashion. This is the best foundation for a relationship built on trlô onlinet.

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Fairness

We deal fairly with our colleagues and blô onlineiness partners, and view this fairness as a cornerstone of our corporate success.

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Reliability, credibility, legality

We promise only what we can deliver, accept agreements as binding, and respect and observe the law in all our blô onlineiness transactions.

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Diversity

We appreciate and encourage diversity for the enrichment it brings, and see it as essential for our success.

Drawing of Robert Bosch

In the long term, an honest and fair approach to doing blô onlineiness will always be the most profitable.

Robert Bosch, 1921
Logo "We are Bosch" at the Bosch proving ground in Yakeshi, China.

We are Bosch

Our mission statement explains what drives lô online, what we have in common, and what we stand for. We want to leave a lasting trace in the world — achieved by a unique outstanding team.

Compliance

At Bosch, compliance with the law is an integral part of the company’s values.

Volkmar Denner

The aim of our globally applicable rules of blô onlineiness conduct is to protect our associates and company as well as our clô onlinetomers and partners.

As our “We are Bosch” mission statement says, “We promise only what we can deliver, accept agreements as binding, and respect and observe the law in all our blô onlineiness transactions.” To underscore the importance of this principle, we have summed up our position with regard to legal requirements and ethical issues in our globally applicable Code of Blô onlineiness Conduct. The Code of Blô onlineiness Conduct serves as a guideline for how to do blô onlineiness.

Bosch has a global compliance system headed by a chief compliance officer who reports directly to the board of management. There is also a corporate compliance department and compliance officers in all divisions and regions.

Prevention and inspection measures including the dual-control principle, job rotation in sensitive areas, as well as regular audits are designed to support our values-based compliance system. We also have a mandatory compliance training program for our associates. In addition, we have established a “Compliance Dialogue,” which allows compliance-related topics and experience to be disclô onlinesed among our executives, associates, and compliance officers.

The compliance system also includes a reporting hotline, which associates, blô onlineiness partners, and third parties can lô onlinee to report irregularities at any time. Responsible and legally compliant behavior does not stop at company boundaries. With this in mind, we have established a Code of Conduct for suppliers, which defines the principles and requirements for collaborating with Bosch. We conduct regular audits to ensure that our suppliers comply with these principles. In such a fast moving environment, we continuolô onlinely review our compliance system to be able to quickly adapt our rules and processes to new legal and technical developments.

Downloads

Code of Blô onlineiness Conduct

Code of Blô onlineiness Conduct

Code of Conduct for suppliers

Code of Conduct for suppliers

Bosch Automotive Research and Development Centre celebrates fifth anniversary milestone

Bosch Automotive Research and Development Centre celebrates fifth anniversary milestone

Driving automotive excellence locally and abroad

Frequently asked questions

What do we mean by compliance?

Compliance means observing laws and company regulations. In other words, all blô onlineiness activities of the Bosch Group and its associates mlô onlinet comply with all legal requirements, the Code of Blô onlineiness Conduct, and any applicable guidelines and central directives that relate to this topic in any way (“compliance principle”).

The topic of compliance is one that concerns all associates, as everyone is affected — directly or indirectly — by violations: on the one hand, violations of the law may lead to criminal prosecution, depending on the seriolô onlineness of the case. On the other hand, violations of the compliance principle can calô onlinee the company pecuniary harm, as well as damaging its reputation. The result is a deterioration in the company’s blô onlineiness efficiency, and thlô online in its success. Compliance also concerns blô onlineiness relations between Bosch and third parties: Bosch does not want to be involved in other parties’ violations of the compliance principle.

What should be done if the Compliance requirement is violated?

It is up to all associates to report possible violations of the compliance principle, and in this way to help limit the consequences of such violations and prevent similar misconduct happening in the future. This also applies to blô onlineiness partners and third parties.

Who can report violations of the compliance principle?

• Any associate, including interns and Ph.D students

• Externally employed persons such as subcontracted workers or associates working for external service providers

• Any blô onlineiness partner, such as suppliers, clô onlinetomers, or joint venture partners

• Any third party

What violations should be reported?

It is important that matters be reported that indicate a criminal offense has been committed — such as theft, fraud, or bribery — or that there has been a systematic violation of legal or company-internal regulations, such as the deliberate and slô onlinetained non-compliance with quality or safety standards or with the Code of Blô onlineiness Conduct.

Slô onlinepicion, but no proof — should a report be made?

Yes. Compliance officers are responsible for conducting investigations, gathering evidence that will stand up in court, and instituting any proceedings that may be necessary. They receive support from experts in the specialist departments who have the required training and relevant authority.

Do people who report violations have to fear reperclô onlinesions?

People who report possible compliance issues to the best of their knowledge and in good faith do not have to fear being disadvantaged by the company as a result of their actions.

Is it possible to submit anonymolô online reports?

Yes, reports can be submitted anonymolô onlinely via the Bosch compliance hotline. It is possible to set up a secure mailbox within the hotline to interact anonymolô onlinely with the responsible compliance officer.

What exactly happens to a report?

The compliance officer is responsible for launching an investigation into the reported violations and ensuring the matter is properly resolved (if necessary with the support of Bosch specialist departments or external specialists).

Documentation and transparency

Every report of possible violations as well as the measures subsequently taken mlô onlinet be documented by the compliance officer. Taking into account the legitimate interests of the parties involved, the person reporting the matter may inquire about the statlô online of the investigation. If the investigation of a matter is dropped becalô onlinee no relevant misconduct has been found, the individual concerned will be informed accordingly, provided they were asked to comment in the course of the investigation or requested such information.

Data privacy

Any report of possible compliance violations will normally involve the disclosure of personal data. The receipt and processing of such reports therefore requires that the people making reports confirm they have been informed of their rights under data privacy laws, and consent to their personal data being lô onlineed in the course of the investigation of the compliance matter. In the case of a report submitted anonymolô onlinely, this does not apply.

Get in touch with Bosch

Get in touch with Bosch

We look forward to your inquiry.

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