Human Rights
Turck Holding GmbH
POLICY STATEMENT
on the Human Rights Strategy of the TURCK Group
(Version V_1.0 valid as of 1 January 2025)
A. Legal basis
Turck Holding GmbH issues this Policy Statement on the basis of § 6 (2) sec 2 German Supply Chain Act (Lieferkettensorgfaltspflichtengesetz) in its own name, and in the name of its own business sphere (jointly hereinafter "TURCK"). Each new version of this Policy Statement shall replace the previous version upon entering into force.
B. TURCK's commitment
TURCK is committed to legally compliant, socially responsible and ecological corporate governance. In particular, the respect for human rights is of fundamental importance to TURCK, as also expressed in this Policy Statement.
C. TURCK's Policy
TURCK sets out the essential principles of its global business activities in the TURCK Code of Conduct of 30 November 2020. Human rights are of fundamental importance. In accordance with its Code of Conduct, TURCK is committed to global compliance with the principles defined therein, in its own business sphere and beyond, particularly along the supply chain.
The text of the TURCK Code of Conduct is attached to this Policy Statement and is available worldwide in German and English at https://www.turck.de/en/code-of-conduct-1590.php The TURCK Code of Conduct forms the basis of daily operations for its entire business sphere. To meet this self-imposed commitment, TURCK has implemented processes to ensure compliance with the self-imposed principles, also along the supply chain.
D. Risk awareness, risk analysis, risk control and risk mitigation
TURCK is in constant exchange with all stakeholders worldwide to identify human rights related and environmental risks. As a result of its global business activities, TURCK prioritizes the risk factors of occupational safety and working conditions in its own business sphere.
To prevent risks from materializing, TURCK has implemented various preventive measures and conducts an ongoing risk dialogue within its own business sphere. By doing so, TURCK creates a common risk awareness. This common awareness forms the basis for achieving the common objectives, particularly in the field of human rights.
Many measures have already been taken to achieve these objectives. The effectiveness of these measures taken is checked regularly, for example through internal and external audits. This makes it possible to regularly identify areas where improvements are possible and necessary, to better control potential risks and to address them definitively.
In addition, TURCK operates a global whistleblowing system that can be used to report potential violations and suspicions worldwide. This report may be made anonymously. The TURCK whistleblowing system can be reached via the following link https://www.turck.de/en/whistleblowing-46329.php The whistleblowing system meets the highest security standards to provide the best possible protection for whistleblowers.
Global markets and the business environment are constantly changing. That is why TURCK regularly assesses whether the risks associated with its acts and operations have changed and whether the policy needs to be adapted. This constant assessment is always made in compliance with the legal framework, the principles of the TURCK Code of Conduct and with the involvement of all stakeholders.
Halver, Germany 20 December 2024
Turck Holding GmbH
The Management Board
(Geschäftsführung)