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Company Information
Material Impacts, Risks and Opportunities 3. Business Conduct
reinforcing the Group’s commitment to structured and accountable sustainability governance. Schréder’s corporate culture is grounded in its values and supported by leadership expectations. Managers are expected to lead by example and promote a culture in which employees feel encouraged to raise concerns and discuss ethical issues openly while applying group policies consistently in their daily activities.
The WIN Steering Committee, composed of senior executives, oversees the programme by monitoring the implementation of compliance initiatives and reviewing key integrity risks. Management across the organisation collaborates with the Legal, People & Culture, Sourcing and Internal Audit departments to ensure operational deployment. Business Conduct Policies and Corporate Culture Schréder’s Code of Conduct is the cornerstone of the WIN programme and defines the principles that guide ethical behaviour, transparency and accountability across the Group. A new version of the Code was introduced in 2022 and is currently available in 15 languages. It has been adopted by all subsidiaries and acknowledged by employees worldwide. The Code is supported by various policies and procedures, including the Anti-Bribery and Anti- Corruption Policy, the Competition Law Policy, the Human Rights Policy, the Whistleblowing Policy and the Sustainable Procurement Policy. Governance tools such as the Delegation of Authority and Signatory Canvas further ensure clear accountability and responsible decision- making throughout the company. In 2025, Schréder further strengthened its policy governance by implementing a more structured Policy Management System to support the consistent development, approval and management of corporate policies across the Group. In addition, the Board of Directors approved the use of ISO 26000 as a reference framework for corporate social responsibility policies, thereby
Schréder is committed to conducting business with integrity, transparency and accountability across its operations and value chain. Our Double Materiality Assessment identified ethical business conduct, anti-bribery and anti-corruption, and governance practices as material topics. As a global provider of outdoor lighting and smart city solutions, Schréder operates in a variety of different regulatory and commercial environments. This exposes the Group to potential risks relating to business conduct, particularly in relation to the use of intermediaries, participation in public and private tenders, supplier relationships, and compliance with competition laws. If not properly managed, these risks may lead to legal, financial and reputational consequences. At the same time, strong ethical governance creates opportunities to strengthen trust with customers, public authorities and business partners, therby reinforcing Schréder’s reputation as a reliable and responsible partner in the markets where it operates. Governance and Management Schréder manages these impacts and risks through the Worldwide Integrity (WIN) programme, which provides the Group’s framework for compliance, ethical conduct and responsible business practices. The programme follows a risk-based approach combining policies, training, due diligence processes, reporting mechanisms and internal controls.
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