Porsche is the most successful manufacturer of exclusive sports cars and has an outstanding reputation. This success is based on the desirability of the vehicles, but equally importantly, due to its unique corporate culture that is shaped by integrity and compliance. And it should stay that way. All board members, members of the management bodies, managers and employees make their own contributions every day according to the motto:
Porsche stands for strong values such as fairness, responsibility, mutual respect and trust, transparency and openness, and acting ethically. These values apply to the way managers and employees treat themselves among each other as well as to their contact with customers, business partners, and public authorities. Only by adhering to these values can long-term business relationships be established and maintained, conflicts be resolved openly, mistakes be rectified in a solution-oriented manner, and trust in leadership and reliable cooperation be ensured.
Lawful conduct is an expected daily practice at Porsche and a key condition for the business success. Porsche complies with applicable laws in all countries of business. Compliance is put into practice through a clear commitment by the Executive Board for adherence to the law, by the senior management acting as compliance role models, and by employees abiding to applicable rules and regulations. Enforcement will be consistently applied if the law is broken or internal company guidelines are violated.
Compliance with applicable laws is ensured by a business model-oriented compliance organization, legally compliant processes, as well as prevention and reaction measures.
Porsche expects compliance with applicable laws, ethical values and sustainable action not only from its own employees, but also from the contracted business partners. The Code of Conduct for Business Partners applies as the basis for this purpose.
On the basis of a group-wide systematic risk analysis - taking into account the specific business models and environments in which the Group operates - Porsche continuously defines needs for further compliance action and prevention measures.
In this context, essential preventive measures include the adoption of compliance directives, the offering of confidential compliance advice, and regular training and information for employees on relevant compliance topics.
The Code of Conduct summarizes the most important principles and expectations on business integrity and ethical and sustainable conduct for the Porsche Group and provides the legal and group-internal ground rules to which all employees have to abide by in daily operations. This includes, among others, dealing with conflicts of interest, combating corruption in any form, appropriate conduct within the Group, as well as with customers, business partners and officers, as well as taking responsibility for the economy, the environment and society.
Porsche has adopted Compliance Directives on all compliance topics, including dealing with conflicts of interests, combating corruption, avoiding antitrust violations, and complying with anti-money laundering laws.
Porsche expects compliance with applicable laws, ethical values and sustainable action not only from its own employees, but also from the contracted business partners. The Code of Conduct for Business Partners applies as the basis for this purpose.
Senior management and employees receive regular task-related training regarding integrity and compliance to ensure adherence to applicable laws and regulations. They are also obliged to report reasonable suspicions of a violation by employees of the Porsche Group.
Porsche's central Compliance Helpdesk is available to all employees for advice and information on questions relating to compliance.
One key reaction measure is the establishment of internal and external reporting channels to which tips of potential violations relating to Porsche can be reported.
Employees, customers or business partners of Porsche or other third parties can report any reasonable suspicions of a violation by employees of the Porsche Group both to the internal Whistleblower Office and to so-called external ombudspersons.
In either case, any information provided is thoroughly investigated and appropriate action and enforcement will be taken in response to any violations which are found to have taken place. Any such action must comply with applicable data protection, employment and co-determination laws.
Porsche rejects all forms of corruption, cartelization, money laundering or any other white-collar crime and does not tolerate any unlawful behavior by employees or other third parties like customers or business partners. Porsche has set up a whistleblower system for the submission of tips of potential violations by Porsche employees. Submitting tips, helps Porsche to prevent damage to the company and to identify misconduct.
For us, respect for human rights is a fundamental component of responsible corporate governance. Our aspiration is that human rights are respected both in our company and by our business partners. You can submit any Human Rights & Environment related complaints through the input channels which can be accessed through the following button.