In 2021, Leiber introduced a Code of Conduct regulating how to deal with corruption, forced and child labour as well as the principles of social responsibility, such as human rights, anti-discrimination and environmental protection. An anonymous whistle-blower system for violations was also implemented, and mandatory compliance with this Code of Conduct was communicated to employees and business partners.
Our goal by the end of 2023 (extended from 2022) was also to ensure compliance with this Code of Conduct agreement by strategic suppliers that generate minimum annual sales of 50,000 euros. This goal was not achieved to our satisfaction. We underestimated the fact that smaller suppliers are unaware of the necessity and importance of the Code of Conduct. This challenge and the resulting additional effort contributed extensively to our failure to achieve this goal.
The 100% achievement of this goal (suppliers that generate minimum annual sales of 50,000 euros), the result of which has thus far proved dissatisfactory, remains very important to us in 2024. To accomplish this, we will specifically bring additional human resources to bear in order to increase and consolidate our suppliers’ awareness of the Code of Conduct. In this way, we will achieve the aforementioned goal.