Responsibilities of Compliance The core compliance areas at Festo include anti-corruption, anti-fraud, antitrust and management culture. The other compliance areas have their own risk management systems. Compliance at Festo with its core areas and other areas Anti-corruption Product safety Environment Antitrust law Intellectual property Employment and social standards Anti-fraud IT compliance Export control Management culture Reporting, financial accounting, and taxes Data protection Other areas Core area Compliance As an internationally active family-run company with a long tradition, Festo attaches great importance to acting ethically and in accordance with the law and regulations. Through our actions, we want to ensure that our national and international tax obligations are met. Transparency, open and cooperative dialogue and trustworthy cooperation with tax authorities are central elements of Festo’s corporate culture. Tax compliance management system As part of our tax compliance management system, which is subject to regular further development, we have defined corresponding guidelines and operating instructions as well as responsibilities and tasks for tax-relevant processes in order to comply with the applicable tax regulations. GRI 207-1, GRI 207-2, GRI 207-3, GRI 207-4 The Americas Argentina Brazil Canada Chile Colombia Mexico Peru USA Venezuela Europe/Middle East (E/ME) Austria Belgium Bulgaria Croatia Czech Republic Denmark Dubai Estonia Finland France Germany Greece Hungary Iran Ireland Israel Italy Jordan Kazakhstan Latvia Lithuania Netherlands Norway Poland Portugal Romania Serbia Slovakia Slovenia Spain Sweden Switzerland United Kingdom Turkey Ukraine Africa Nigeria South Africa Asia China Hong Kong India Indonesia Japan Korea Malaysia Philippines Singapore Taiwan Thailand Vietnam Australia Australia New Zealand 7.2 Taxes Short delivery times, the right service and a high degree of flexibility – the demands of the global markets are constantly increasing. That is why we are where our customers are. An overview of all countries in which Festo is represented with its own company or a production and logistics facility is provided in the list below. GRI 2-1, GRI 2-2 108 109 Festo SE & Co. KG Sustainability Report 2022 Festo SE & Co. KG Sustainability Report 2022 1. BLUE WORLD 2. STRATEGY AND MANAGEMENT 3. CO2 REDUCTION AND ENERGY EFFICIENCY 4. TECHNICAL EDUCATION 5. ENVIRONMENT, RESOURCE AND MATERIAL EFFICIENCY 6. PEOPLE AT FESTO 7. ETHICS AND GOVERNANCE 8. GRI-INDEX 9. REPORT PROFILE
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