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-owned company with a long tradition, Festo attaches great importance to conduct that is ethically sound and in conformance with laws and regulations. Through our actions, we want to ensure that our national and international tax obligations are met. At Festo, transparency, an open and cooperative dialogue, and trustworthy cooperation with the tax authorities are central elements of the corporate culture. Tax compliance management system As part of our tax compliance management system, which is subject to regular development, we have evaluated risks for tax-relevant processes and implemented the corresponding guidelines and work instructions. In addition, responsibilities and tasks have been defined in order to comply with the applicable tax regulations. GRI 207-1, GRI 207-2, GRI 207-3, GRI 207-4 Americas Argentina Brazil Chile Canada Colombia Mexico Peru USA Venezuela Europe, Middle East (E/ME) Austria Belgium Bulgaria Croatia Czech Republic Denmark Dubai Estonia Finland France Germany Great Britain Greece Hungary Iran Ireland Israel Italy Jordan Kazakhstan Latvia Lithuania Netherlands Norway Poland Portugal Romania Serbia Slovakia Slovenia Spain Sweden Switzerland Turkey Ukraine Africa Nigeria South Africa Asia China Hong Kong India Indonesia Japan Korea Malaysia Philippines Singapore Taiwan Thailand Vietnam Australia Australia New Zealand 6.2 Taxes Short delivery times, the right service, and a high degree of flexibility – the demands of the global markets are constantly increasing. That’s why we are wherever our customers are. The following list provides an overview of the countries where Festo is represented with its own company or production and logistics facilities. GRI 2-1, GRI 2-2 Compliance’s areas of responsibility The core areas of compliance 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. GRI 2-6 108 109 1. Blue World 2. Strategy and Management 3. Climate Protection and Resource Efficiency 4. Technical Education 5. People at Festo 6. Ethics and Governance 7. GRI Index 8. Report Profile Festo SE & Co. KG Sustainability Report 2023 Festo SE & Co. KG Sustainability Report 2023
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