Unwavering Ethics

We believe that a successful and sustainable company sets and adheres to uncompromising ethical and professional standards. Our policies, guidelines, and code of conduct are continually reinforced through training, business audits, and transparent follow-up measures to maintain a safe, fair, and compliant business environment. These governance structures ensure that all Piab Group employees and suppliers can continue to embrace the culture of pride and trust we build daily together.

Annual supplier audit

By adhering to clear and uncompromising governance principles, we live up to our corporate values with pride and trust. We aim to perform regular risk assessments on all critical suppliers across all divisions, including self-assessments, on-site audits, and other activities. All suppliers classified as "moderate-to-high" risks in the risk assessment will undergo an on-site audit to address Code of Conduct deviations, develop mitigation plans, and ensure frequent follow-up until the issues are resolved.

Code of conduct

At Piab Group, we are proud of our culture and are committed to keeping it at its best. Our Code of Conduct clarifies our core values and sets clear expectations for behavior, guiding both employees and suppliers in their daily actions and decisions. By providing guidance and preventing misconduct, the Code helps ensure a positive, respectful, and inclusive work environment. We believe that upholding these standards is essential for maintaining trust and integrity throughout our organization, and we expect everyone to adhere to the Code to support our shared goals.

Reporting misconduct

Piab Group is dedicated to transparency and the highest standards of business ethics. To support this, we have a whistleblowing service that allows anyone to confidentially report suspicions of misconduct, either openly or anonymously. This service is a vital tool for identifying and addressing potential issues early, reducing risks, and maintaining the trust of our employees, partners, and stakeholders. By encouraging the reporting of concerns, we demonstrate our commitment to accountability and continuous improvement across all areas of our business.

UN sustainable development goals

Corporate sustainability is at the heart of Piab Group’s values and operations. We fully support the ten principles of the United Nations Global Compact and integrate them into our strategies, policies, and procedures. In addition, we align our efforts with the 17 United Nations Sustainable Development Goals, which provide a global framework for responsible business practices. By joining this international call to action, Piab Group demonstrates its commitment to advancing sustainability, ethical conduct, and positive impact within our industry and the wider community.

Piab Group is actively advancing towards our targets. While there remains work to be done, we are making significant strides. We are on track to achieve all our targets by 2040, having already reached numerous milestones.