As a professionally managed business entity, WIKA and its subsidiaries run its business activities in an ethical, honest and appropriate way. We have a Code of Conduct, which is the basic for a behavior of full integrity for each employee without any exception.
To support an ethical honest and clean business conduct, we have an internal working unit (SPI) that serves to supervise the internal affairs.
Moreover, WIKA conducts its operational activities cooperate with the Attorney General Office to attain legal advisory advices, assistance in association to engage with third parties, settlements on the company’s receivable accounts, resolution on disputes, and negotiation-mediation activities during a dispute.
During the reporting period, we have included SPI member on trainings related to “Fraud Audit” internally. In addition, the Code of Conduct firmly regulates on issues related to efforts in preventing practices that can lead to acts of graft. Sustainability, WIKA has carried out some inductions for new employees and some popularization to all employees on matters set out in the Code of Conduct, including the matter of prevention of graft acts.