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

We are proud of our culture and want to keep it at its best. The Code of Conduct clarifies our core values, provides behavior guidance, prevents misconduct, guides decision-making, and promotes a positive work environment. To keep our culture at its´ best, we aspire to have all employees and suppliers adhere to our Code.

Reporting Misconduct

Piab Group strives to achieve transparency and a high level of business ethics. Our whistleblowing service offers the possibility to alert the organization about suspicions of misconduct in a confidential way. It is an important tool for reducing risks and maintaining trust in our operations by enabling us to detect and act on possible misconduct at an early stage. Whistleblowing can be done openly or anonymously.

UN Sustainable Development Goals

Corporate sustainability starts with a company’s value system and a principles-based approach to doing business. We stand behind the ten principles of the United Nations’ Global Compact and incorporate them into our strategies, policies and procedures. The 17 United Nations sustainable development goals represent a shared blueprint for the development of businesses and organizations across the world. With our core business in sustainability, it goes without saying that Piab Group joins this call to action.

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.