Code of Conduct
- Good Governance
FACC commits all people and organisations who work for the company to adhere to certain values and principles of conduct. This is because FACC acknowledges its responsibility to society and the environment in so far as it is within its sphere of decision- making and influence. An essential instrument for this is the Code of Conduct. In addition to the issues of corruption and bribery, and human rights (fair working conditions), the Code of Conduct includes the following topics: general conduct, safety and health protection, company property, conflicts of interest, prohibition of cartels, insider information, export control, environmental protection and quality policy.
At FACC, constant work on good governance is an interdisciplinary field in which the department of Organisational Development and new organisational units such as Communication, Legal, Compliance, Business Strategy, Internal Audits and in future also Digitisation are involved.
- Economic responsibility and effects in the region
FACC’s clear commitment to its production sites in Upper Austria has generated diverse added value for the region. FACC thus pursues a clear goal: the company's appeal to skilled workers and high potentials and their families should enjoy further growth. Similarly, the region and their economies should also benefit from the upturn induced by FACC jobs, investments and purchasing activities. This will further improve the quality of life of the inhabitants and future generations living there.
FACC promotes site quality by:
- Cross-border job creation (FACC currently employs 800 members of staff from neighbouring Bavaria)
- Strategic regional and thematic development (”Composite Valley“ in Ried and the Innviertel Region)
- Site investments: FACC has invested a total of EUR 450 million in its Upper Austrian sites since 2010. This led to the creation of 1,800 jobs. A further EUR 100 million are to be invested in the domestic plants in the coming years
- Project-specific investments: the purchase of tools amongst others from regional manufacturers, who thus benefit from local added value