Governance

Explore our Governance Section to delve into the core elements that shape our organizational integrity. We share our commitment to compliance, a stringent code of conduct, and a robust anti-bribery and anti-corruption policy. Get to know how we uphold the highest standards ensuring a resilient and ethical foundation for our operations.

world globe with a futuristic design in the form of virtual connections along with gears

Compliance

As part of our basic CSR, which concerns the fundamental obligations of a company as a member of society, from each company in Azbil Telstar Group both in Spain and overseas we are making every effort to raise awareness of compliance issues and to encourage corresponding action.

Code of Conduct

We are governed by an own business conduct policy, instituted by Azbil Telstar for all companies of the group, consisting of five elements: (1) fulfilling the Group’s public and social responsibilities; (2) compliance with antitrust and other fair trade regulations; (3) respect for human rights; (4) proper management of corporate assets; and (5) protection of the environment. We have also established a Code of Conduct for all employees, consisting of 50 specific guidelines covering all aspects of our business activities. In cases where a breach of the Code of Conduct is discovered, the code imposes a mandatory reporting requirement and forbids reprisals, thereby putting in place an environment in which checks can function effectively.

Internal Information System Policy

Anti-bribery policy

In accordance with Telstar’s Code of Conduct, we are committed to actively fighting corruption in all our areas of activity, not being tolerated any form of bribery or corruption. For this purpose, we have the Anti-Bribery and Anti-Corruption Policy together with Telstar’s Code of Conduct approved, providing guidance on how to conduct business in an ethical and legal manner.

The purpose of this Policy is to convey to all directors, officers and employees of the companies that belong to the Telstar group (the “Professionals”), as well as to third parties with which Telstar establishes relations (the “Third Parties”), an unambiguous message of opposition to corruption in all of its  forms, and the willingness to eradicate them in all of its activities.

Maintaining and Improving Awareness of Compliance Issues

Surveys of employees to test compliance awareness and the status of internal compliance are conducted every year. The results are used to identify problems and implement measures to solve them. Accordingly, educational forums are also conducted. In compliance education for employees, we are stepping up efforts to raise compliance awareness by checking the guidelines that serve as the standard of behaviour, confirming priority measures, and disseminating information.

Preventing Legal Risk

The Legal Department promotes full legal compliance in business activities; it provides education related to the law. The department makes every effort to ensure timely and appropriate responses to important new laws and associated issues, and endeavours to prevent problems from occurring.