BMW 2013 Annual Report Download - page 180

180
166 STATEMENT ON
CORPORATE GOVERNANCE
(Part of Management Report)
166 Information on the Company’s
Governing Constitution
167 Declaration of the Board of
Management and of the
Supervisory
Board pursuant to
§ 161 AktG
168 Members of the Board of
Management
169
Members of the Supervisory
Board
172 Work Procedures of the
Board of Management
174 Work Procedures of the
Supervisory Board
179 Information on Corporate
Governance Practices
180 Compliance in the BMW Group
185 Compensation Report
of the contents of these guidelines and other rele-
vant
information can be found at www.oecd.org and
www.iccwbo.org. The Board of Management signed the
United Nations Global Compact in 2001 and, in 2005,
together with employee representatives, issued a “Joint
Declaration on Human Rights and Working Conditions
in the BMW Group”. This Joint Declaration was recon-
firmed in 2010. With the signature of these documents,
we have given our commitment to abide worldwide
by internationally recognised human rights and with the
fundamental working standards of the International
Labour Organization (ILO). The most important of these
are freedom of employment, the prohibition of discrimi-
nation, the freedom of association and the right to
col-
lective bargaining, the prohibition of child labour, the
right to appropriate remuneration, regulated working
times and compliance with work and safety regulations.
The complete text of the UN Global Compact and the
recommendations of the ILO and other relevant infor-
mation can be found at www.unglobalcompact.org and
www.ilo.org. The Joint Declaration on Human Rights
and Working Conditions in the BMW Group can be found
at www.bmwgroup.com under the menu item “Respon-
sibility” (Services / downloads / topics: “Employees and
Society”).
Further information regarding employees is provided
in the “Personnel” section of the Combined Manage-
ment Report.
It goes without saying that the BMW Group abides by
these fundamental principles and rights worldwide.
Employees have therefore been sensitised to this issue
since 2005 by means of regular internal communica-
tions and further training on recent developments in
this area. Two dedicated helplines – the “Human Rights
Contact” and the “BMW Group SpeakUP Line” – are
available to employees wishing to raise queries or
com-
plaints relating to human rights issues. The UN Guiding
Principles provide a framework for critical reflection
and continuous improvement in our endeavours to
ensure that human rights are respected throughout the
organisation.
Activities can only be sustainable, however, if they
encompass the entire value-added chain. That is why
the BMW Group not only makes high demands of itself
but also expects its suppliers and partners to meet the
ecological and social standards it sets and strives
con-
tinually to improve the efficiency of processes, measures
and activities.
Sustainability criteria play an integral part in all as-
pects of our purchasing terms and conditions as well
as for the purposes of evaluating suppliers. Potential
suppliers must submit a full disclosure when com-
pleting BMW’s modularly structured sustainability
questionnaire, an inherent component of the accept-
ance procedure for potential new suppliers. The
BMW Group expects suppliers to ensure that the BMW
Group’s sustainability criteria are also adhered to by
sub-suppliers. Purchasing terms and conditions and
other information relating to purchasing can be found
in the publicly available section of the BMW Group
Partner Portal at https: / / b2b.bmw.com.
We foster close relations with our suppliers, providing
encouragement and practical assistance to those inter-
ested in wishing to make progress in the area of sustain-
ability.
Compliance in the BMW Group
Responsible and lawful conduct is fundamental to the
success of the BMW Group. This approach is an integral
part of our corporate culture and is the reason why cus-
tomers, shareholders, business partners and the general
public place their trust in us. The Board of Management
and the employees of the BMW Group are obliged to
act responsibly and in compliance with applicable laws
and regulations.
This principle has been embedded in BMW’s internal
rules of conduct for many years. In order to protect
itself systematically against compliance-related and
reputational risks, the Board of Management created
a Compliance Committee several years ago, mandated
to establish a worldwide Compliance Management
System throughout the BMW Group.
The BMW Group Compliance Committee comprises
the heads of the following departments: Legal Affairs,
Corporate and Governmental Affairs, Corporate
Audit, Organisational Development and Corporate
Human Resources. It manages and monitors activi-
ties necessary to avoid non-compliance with the law
(Legal Com pliance). These activities include training,