What values we share within our community

Version from 01/08/2024

Preambel

Wavesense Dresden attaches great importance to sustainable and responsible business practices. Therefore, we encourage all suppliers and partners to commit themselves to common rules of doing business, which are set out below.

Ethical / moral commitment and integrity

  • We only pursue legal business objectives and practices and only maintain business relationships with reputable partners.
  • We respect different legal, economic, social and cultural backgrounds and the special circumstances of the countries and regions in which we operate. We  respects the law and the laws of the countries and regions in which business activities take place.
  • We always base our business activities on generally accepted ethical values and principles, including integrity and respect for human dignity.

Fair Competition

We are in favour of free and fair competition. We do not tolerate any anti-competitive agreements and ensure that our company acts in accordance with the applicable antitrust laws. We reject competitive advantages through unfair business practices.

Handling of personal data, protection of confidential information and intellectual property

  • We respect the personal rights of our employees, business partners and customers and comply with the applicable legal and regulatory requirements for the processing of personal data and information security when handling personal information.
  • We protect business secrets and other confidential information entrusted to us by our business partners and customers from unauthorised acquisition, use and disclosure, at least in accordance with the relevant statutory provisions for the protection of business secrets.
  • Our company respects the intellectual property of its business partners, customers and other third parties and ensures that sufficient precautions are taken to protect intellectual property rights when exchanging expertise and technologies. In addition to the principles defined here, the provisions of the confidentiality agreements concluded with the respective partners apply.

Safeguarding the interests of consumers

  • Where our products and services affect the interests of consumers, suitable measures are taken to ensure their safety and quality. We ensure that the products or services comply with the relevant statutory consumer protection provisions.
  • In the context of information and sales measures, Wavesense Dresden takes consumer interests into account by applying the legal requirements for fair business, marketing and advertising practices and consumer education.

Protection of the environment and climate

We fulfil our ecological responsibility by applying the applicable legal requirements and recognised standards for the protection of the environment and climate Our company applies applicable law and takes appropriate measures that are based on legal and internationally recognised standards.

Human rights and labour standards

  • Human dignity is inviolable. That is why we respect the internationally recognised human rights set out in the United Nations Universal Declaration of Human Rights.
  • Our company is guided by the internationally recognised labour standards of the International Labour Organisation (ILO), as set out below in the Code of Conduct.
  • We endeavour to neither cause nor contribute to human rights violations. We expect the same from our business partners. Where necessary and possible, we support our suppliers in this endeavour.

Employment relations

We treat our employees with respect. We reject any form of unlawful punishment, abuse, harassment, intimidation or other unworthy treatment of employees. Our company applies the applicable labour law to all employment relationships and expects the same from its contractual partners. At the beginning of the employment relationship, employees are provided with understandable information about the main terms and conditions of employment, including their rights and obligations, working hours, remuneration and payment and settlement modalities. We respect and protect the right of employees to terminate their employment relationship in accordance with the applicable notice period.

Rejection of child labour and protection of young employees

We do not tolerate child labour and observe the applicable legal minimum age for employment. In any case, we do not employ persons under the age at which compulsory schooling ends according to the law of the place of employment or under the age of 15. Internships are organised in accordance with the statutory provisions.

Principles of remuneration

We apply the statutory or – where applicable – collectively agreed provisions in the remuneration of labour services. Our company ensures that the payment of employees in the company does not fall below the applicable statutory minimum wage or, if applicable, the minimum wage stipulated by collective agreement or the minimum wage customary in the industry. In countries or regions without a statutory or collectively agreed wage framework, we ensure that the wage paid for regular full-time work is sufficient to fulfil the basic needs of employees. We do not tolerate wage deductions that are not authorised by law, including wage deductions as a disciplinary measure.

Rejection of forced labour

We reject forced or compulsory labour in any form. This also applies to any form of debt bondage, serfdom, slavery or slavery-like practices, human trafficking and extends to all forms of involuntary labour and services that are incompatible with internationally recognised labour and social standards. internationally recognised labour and social standards.

Working hours

We apply the statutory or applicable collectively agreed provisions on working hours, including overtime, rest breaks and holidays.

Our company ensures that:

  • the regular weekly working time plus maximum possible overtime is not exceeded,
  • working time regulations are complied with

Diversity and inclusion, non-discrimination

We value the diversity of our employees and promote a working environment that enables inclusion. Our company is therefore committed to equal opportunities and rejects all forms of discrimination and unequal treatment based on national and ethnic origin, social background, health status, disability, sexual orientation, age, gender, political opinion, religion or belief.

Our company lives by the principle of equal pay for male and female workers for work of equal value.

Health and safety in the workplace

We comply with national and international occupational health and safety standards. Our company ensures a safe and healthy working environment (avoiding accidents, injuries and work-related illnesses) in order to maintain the safety and health of its employees and third parties.