CEO STATEMENT

I am pleased to confirm that Castolin Eutectic Group reaffirms its support of the Ten Principles of the United Nations Global Compact in the areas of Human Rights, Labour, Environment and Anti-Corruption.

In this – our first annual Communication on Progress, we describe our actions to continually improve the integration of the Global Compact and its principles into our business strategy, culture and daily operations. We also commit to sharing this information with our stakeholders using our primary channels of communication.

Sincerely yours,

Patrick Fetzer
President & Chief Executive Officer
Castolin Eutectic Group

We conduct our business in a manner that respects the human rights and dignity of all, and we support international efforts to promote and protect human rights, including an absolute opposition to slavery and human trafficking.
Each of us can help support efforts to eliminate abuses such as child labor, slavery, human trafficking, and forced labor.

– “Respecting Human Rights” from Castolin Eutectic Code of Ethics and Business Conduct –

 Ensure workers are provided safe, suitable and sanitary work facilities
 Protect workers from workplace harassment, including physical, verbal, sexual or psychological harassment, abuse or threats, by having implemented Corporate Code of Ethics & Business Conduct
 Take measures to eliminate ingredients, designs, defects or side-effects that could harm or threaten human life and health during manufacturing, usage or disposal of products by implementing a HSE Policy including frequent (monthly reporting of HSE KPI’s)

Castolin Eutectic helps bring together team members with a wide variety of backgrounds, skills, and cultures. Combining such a wealth of talent and resources creates the diverse and dynamic teams that consistently drive our results.
Our colleagues, job applicants, and business partners are entitled to respect. We are committed to ensuring that they feel welcomed and valued and that they are given opportunities to grow, contribute, and develop with us. To uphold that commitment, we support laws prohibiting discrimination and provide equal opportunity for employment, income, and advancement in all our departments, programs, and worksites.
This means we base employment decisions solely on qualifications, demonstrated skills and achievements – and never on race, color, religion, sex (including pregnancy, sexual orientation, or gender identity), national origin, age, disability, veteran status, genetic information, or any other characteristic protected by law.

– “Diversity, Equity, and Inclusion” from Castolin Eutectic Code of Ethics and Business Conduct –

 Ensure that the company does not participate in any form of forced or bonded labour
 Comply with minimum wage standards
 Ensure that employment-related decisions are based on relevant and objective criteria

We recognize our environmental and societal responsibilities. We are committed to sustainability and to minimizing damage to the environment as well as any potential harm to the health and safety of team members, customers, and the public.

– “Sustainability and Environmental Stewardship” from Castolin Eutectic Code of Ethics and Business Conduct –

 Avoid environmental damage via regular maintenance of production processes and environmental protection system (air pollution control, waste, water treatment systems, etc.)
 Minimize the use and ensure safe handling and storage of chemical and other dangerous substances

A modest gift may be a thoughtful “thank you,” or a meal may offer an opportunity to
discuss business. If not handled carefully, however, the exchange of gifts and entertainment
could be improper or create a conflict of interest. This is especially true if an offer is
extended frequently, or if the value is large enough that someone may think it is being
offered in an attempt to influence a business decision.
Only offer and accept gifts and entertainment that comply with our policies.

– “Business Gifts and Entertainment” from Castolin Eutectic Code of Ethics and Business Conduct –

 Mention “anti-corruption” and/or “ethical behavior” in contracts with business partners
 Ensure that internal procedures support the company’s anti-corruption commitment