Compliance and
Corporate Governance

Flottweg is dedicated to the highest ethical standards. Our guidelines emphasize the respect for human dignity, fair and safe working conditions, and equal opportunities. This includes fair remuneration, the avoidance of any form of discrimination, the respect for internationally recognized human rights, and a clear commitment to safe working conditions.

Our core values – competence, responsibility and respect – form the basis of our daily activities. They shape our leadership, cooperation and responsibility towards both our employees and business partners.

Occupational safety is an integral part of our corporate culture. We promote an active culture of safety, regular instruction and the continuous improvement of our occupational safety management.

Data protection and information security are core components of our approach to compliance. We undertake to comply with all legal requirements, particularly the GDPR.

Our processes ensure confidentiality, integrity and the availability of information. This includes technical and organizational measures such as access controls, encryption, network monitoring and regular audits.

Information security is a top priority at Flottweg. We consistently protect our data, systems and business processes against unauthorized access, loss and misuse. To this end, we rely on clear rules, modern safety standards and responsible corporate culture.

All of our employees contribute to this: through careful handling of information, reliable processes and regular awareness of safety issues. In this way, we ensure the confidentiality, integrity and availability of our information – and ensure that Flottweg remains a trustworthy and reliable partner worldwide.

We continuously raise awareness of cybersecurity risks among our employees and ensure a high level of security through general training courses, phishing training and the implementation of guidelines.

Flottweg has the AEO status (Authorized Economic Operator) and thus fulfills the highest requirements for security, reliability and transparency in the international trade of goods. The AEO status is a key element of the EU security concept and represents audited processes along the entire supply chain – from internal organization through to customs clearance and the physical movement of goods.

Our supply chain security is based on clearly structured and documented processes. These include in-depth risk analyses, the assessment of safety issues and adherence to clear customs, export and safety guidelines, as set out in our Corporate Guidelines. We ensure that all the relevant steps – from the incoming goods to the storage and shipping, through to the international distribution – are comprehensible, secure and compliant.

An essential part of our responsibility is working with reliable and integral partners. We therefore ensure that our suppliers and service providers also comply with the ethical and legal standards. This is ensured through integrity requirements, regular quality and security audits, commitment to our Code of Conduct and, depending on the risk, audits and reviews of their processes and governance structures. 

With this structured and responsible approach, we ensure that our supply chain remains secure, transparent and resilient always – worldwide and across all business areas.

Flottweg meets all the relevant requirements of the German Foreign Trade and Payments Act (AWG), the German Foreign Trade and Payments Regulation (AWV) and the EU Dual-Use Ordinance, regulating which goods, technologies or software may be exported or transferred. Export controls are designed to minimize security risks, comply with embargoes and sanctions, and meet international obligations.

Export controls not only relate to physical goods, but also the transfer of technology and know-how - for example by email, cloud, video meeting or personal discussion. We therefore examine every export case, regardless of whether it is a complete system, a replacement component or technical information.

Our internal export control processes follow a structured Internal Compliance Program (ICP) and include several mandatory audit steps:

• Product classification: Check as to whether products or components are controlled under the EU Dual-Use Regulation or the national export list.

• Sanctions and embargo checks: Cross-checking of the destination country, recipient and end-user against EU, UN and country-specific sanctions and internal Flottweg lists.

• Final destination check: Obtaining and analyzing final destination documentation to ensure that our products are not misused or re-exported.

All employees who prepare, accompany or carry out exports are obliged to comply with the requirements of the Flottweg ICP. Our structured proceeding ensures that we act in accordance with the law, transparently and responsibly - while at the same time being able to supply our customers safely and reliably worldwide. 

The prevention of corruption is an essential part of our ethical stance. Flottweg pursues a zero-tolerance policy towards bribery and corruption. 

Our system includes clear rules on gifts, invitations, sponsorship, third-party audits and appropriate business interactions. At Flottweg, it is strictly prohibited to demand, offer or accept material or immaterial advantages in dealings with business partners, public officials, or other third parties involved in business processes if this could create the impression of wishing to influence business decisions. Similarly, such people may never be granted, promised or offered personal financial enrichment to obtain an order, to secure a transaction or to procure any other undue benefit to Flottweg.

Conflicts of interest are situations in which personal interests could influence business decisions. We expect employees to openly address and avoid any such conflicts.

All our employees are required to act in the best interests of the company and make decisions objectively and transparently.

Money laundering refers to the introduction of illegally generated financial resources into the legal finance and economic cycle with the purpose of making them appear legal and to obscure their actual origin. Flottweg meets the requirements for the prevention of money laundering with a structured and risk-oriented approach. This includes systematic risk analysis, the evaluation of business relationships, and the continuous monitoring of relevant transactions. We ensure that payment methods are traceable and clearly documented and implement measures to detect unusual or difficult to trace cash flows at an early stage.

Our business partners are audited as part of a clearly defined due diligence process. This includes, inter-alia, identity and plausibility checks, transparency requirements and, in risk-relevant cases, a detailed assessment of their corporate structure and beneficial owners. Only if all the legal and internal requirements have been met, a business relationship wil be established or continued. This approach supports the integrity of our business processes and protects Flottweg and our partner companies from financial and reputational risks.

The German Supply Chain Due Diligence Act (LkSG), which was adopted on July 16, 2021, and entered into force on January 1, 2023, regulates the due diligence obligations for the prevention of violations of human rights that companies are required to fulfill.

In principle, the requirements for due diligence are addressed to companies that meet the following requirements:

• the company is based in Germany
• the number of employees in Germany is over 1,000 (up to 2024, the limit being 3,000 employees)

It may be assumed that these conditions could change in the years to come, however, if the German Government adapts the LkSG in accordance with the requirements of the EU Supply Chain Directive (CSDDD).

Although Flottweg does not (yet) fall within the scope of the LkSG, we have nevertheless implemented some of the requirements of the LkSG in recent years and expect them to be implemented by our business partners within our supply chain. The expectations we address towards our business partners and employees are detailed in our Policy statement. We have also developed a Supplier Code of Conduct specifically for our suppliers, which provides the basis for our business relationships.

Our whistleblower platform allows for the confidential and, if preferred, anonymous reporting of violations. It can be found at the following link.

The platform is generally aimed at all people who wish to report a violation. This includes, for example, employees, service providers, contractors and suppliers.

We protect all whistleblowers and ensure that every report is objectively examined and treated fairly. For this purpose, personal data will only be made available to a restricted group of persons, who will check the incoming reports. It is also possible to submit a report anonymously, though.

You can find all relevant information about our reporting system, which violations may be reported, the exact procedure for reports received or other information in our Rules of Procedure.

Flottweg is an internationally successful family-owned separation technology company based in Vilsbiburg, Germany. With more than 1,200 employees worldwide – including approximately 950 in Germany – we develop and manufacture high-quality industrial centrifuges, belt presses and systems that are used in a wide variety of industries. Our products are manufactured exclusively in Germany and enjoy an excellent reputation in terms of quality, reliability and technical precision worldwide. 

As a globally operating company with branches and service organizations in Europe, North and South America, Asia and Australia, we support our customers wherever they need us. This international presence allows us to establish long-term relationships and to reliably accompany our customers from the first consultation through to long-term service.

By definition, a mission statement explains what a company stands for, what it wants to achieve, and how it intends to reach its goals.

It describes the mission and vision as well as the intended corporate culture (values) and philosophy, thus forming the basis for our corporate identity.

Vision

People around the world rely on Flottweg’s expertise and powerful separation solutions. Our core technology empowers our customers to procure sustainably and achieve long term success.

Mission and Corporate Purpose

Engineered For Your Success – Flottweg is a family-owned and company that specializes in separation technology. We measure our success by our customers’ success. As separation experts, we know which application parameters are important and work with that knowledge every day to create better solutions for our customers. We are the ones that help optimize our customers’ success.

Strategic Focus

The continuity and stability of the Flottweg Group are of the utmost importance to us. We invest sustainably in new technologies and products to always stay one step ahead of the market. Our employees are the key to our success. We ensure our competitiveness by acquiring and promoting talent. We take measures to be perceived as an attractive employer at all locations.

Responsibility

Every employee should take responsibility for Flottweg through their actions. Each individual is expected to act as if Flottweg were their own company - with a strong focus on customer needs and cost awareness. We are committed to find the best solution, go the extra mile and take a pragmatic approach.

Competence

Our competence forms the foundation of our employees’ performance and therefore for our success. As specialists in separation technology, we provide our customers with reliable advice across all applications and deliver the best solutions.

Respect

Ethical and fair treatment of customers, business partners, and colleagues are essential to us at all times. Respect fosters a culture of appreciation, recognition, and fairness.
 

At Flottweg, we embrace the leadership principle of the “coaching philosophy”

We understand this to be leadership behavior that specifically develops independence and responsibility, leaving significant space for personal growth. The following principle applies: Turn those affected into participants.

We achieve outstanding results by consistently pursuing our agreed targets.

Our success is based on committed employees who identify with our company and its objectives. We motivate every individual to contribute to our company with their knowledge, ability, motivation, and personality. We expect our employees to perform the tasks to which they are assigned correctly, on time, and cost-effectively.

Responsibilty

Flottweg executive managers see themselves as responsible for their actions, their decisions and their teams. As role models, they exemplify the company’s values and expectations and inspire their teams with their own conduct.

One of the main responsibilities of Flottweg’s executive managers lies in sustainable and forward-thinking action. Entrepreneurial and customer-focused action is a matter of course for them, as is compliance with and verification of occupational safety and quality assurance measures.

They delegate responsibility to employees in a purposeful manner, empower them to work independently on tasks and find solutions, and provide the necessary support. They trust their employees and promote a positive and open culture in which mistakes are dealt with constructively.

Competence

The main focus for Flottweg executive managers is to further develop the competence of their employees. They promote continuous training and deploy employees based on their strengths and weaknesses. They specifically identify the potential of their employees and clearly communicate the expectations and goals.

Regular, constructive feedback is common practice. The Flottweg managers ensure transparency and an open exchange of knowledge. By consciously taking their employees’ needs and ideas into account, they contribute to a competent and efficient corporate culture in which their employees can thrive and develop.

Respect

Flottweg executive managers create an atmosphere of mutual trust and respect. They communicate respectfully and on an equal footing with their colleagues. Diversity is viewed as a strength and promoted.

Flottweg executive managers openly recognize their employees’ achievements and stand by their teams. They attribute importance to their employees’ satisfaction, a positive working environment and respectful cooperation.

They also raise issues and encourage their teams to speak openly about challenges. In this way, the Flottweg executive managers contribute to making employees feel valued and supported.
 

The training and continuing education of our employees is an essential element of our sustainable corporate development. We promote expertise, innovation and personal development with structured programs, cooperation and targeted qualification measures.

Suitable junior managers are identified by means of potential analyses, and their development is guided along a goal-oriented path. This approach ensures the continuous improvement of our leadership quality.

Donations and sponsorships take place responsibly and transparently. They are aimed at charitable social institutions, educational projects and non-profit initiatives in accordance with our ethical principles.