page 1march 23 rd, 2010 © siemens s.a.e. - egypt siemens corporate responsibility social and...
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Page 1 March 23rd, 2010 © Siemens S.A.E. - Egypt
Siemens Corporate ResponsibilitySocial and governance perspectives
Mohamed El-MahdiChairman and Managing DirectorSiemens S.A.E.
Page 2 March 23rd, 2010 © Siemens S.A.E. - Egypt
ExcellentAchieving high performance and excellent
results
InnovativeBeing innovative to create sustainable value
ResponsibleCommitted to ethical and responsible actions
Siemens’ values… …values for our global business
Page 3 March 23rd, 2010 © Siemens S.A.E. - Egypt
Siemensaccredited as
Industry Leader in
Eco-Efficiency Environmental Reporting
Corporate Citizenship Labor Practice Indicators Human Capital Development Social Reporting Talent Attraction & Retention
Corporate Governance Risk & Crisis Management Codes of Conduct /
Compliance Customer Relationship
Management Innovation Management
50 %
82 %
Siemens Score
Average Score*
61 %
91 %
Siemens Score
Average Score*
44 %
83 %
Siemens Score
Average Score*
*Average score of all assessed companies in the sectorSource: sam 2009, Corporate Sustainability Assessment – The Yearbook
100%
100%
Only sustainable business results in long-termsuccess and profitable growth
Page 4 March 23rd, 2010 © Siemens S.A.E. - Egypt
2006 20092007 2008 2010
Immediate Actions ImplementationHow to become a
“recognized leader”?
Tone from the Top
Independent
investigation
Compliance Program
Compliance Organization
Compliance Training
Compliance Tools
Continuous Improvement
Values & Integrity
Collective Action
SustainableDevelopment
Conti-nuous
Improve-ment
Centralization of bank accounts
Exchange of Leadership Team
Did we always meet the expectations?
Page 5 March 23rd, 2010 © Siemens S.A.E. - Egypt
Continuous communication on all levels …and integration in all processes is key
Anchor compliance in the entire value chain
Engage in regular communication with employees
Explain and demonstrate compliance-
related issues
Show priority of compliance at all times
Promote Siemens'
compliance tools
Motivate and encourage employees
Full commitment towards
Compliant and
Clean Business
Page 6 March 23rd, 2010 © Siemens S.A.E. - Egypt
Collective Action Siemens’ approach to drive fair market conditions
1) NGO: Non-Government Organization TI: Transparency International ICC: International Chamber of Commerce IO: International Organization PACI: Partnering Against Corruption Initiative CIPE: Center for International Private Enterprise
IBLF: International Business Leaders Forum 2) Is designed for class room discussions in university and highlights the importance of business integrity and compliance. Final draft will be presented by Harvard in Q2 FY 2010
Continuous stakeholder dialogue
Collective Action project
Project Compliance Learning Initiative
Fight corruption in joint agreement with industry peers and other stakeholders
Promote Integrity and Compliance Pacts as well as Long-Term Initiatives in order to foster fair competition in public sector
www.siemens.com/integrity-initiative to fight fraud and corruption (US$ 100 million over next 15 years)
Increase compliance awareness of current and future business leaders
Share compliance best practices with stakeholders by www.siemens.com
Collective Action Learning Initiative
Compliance EfficiencyCompliance EffectivenessCompliance Ineffectiveness
Governance
Policies
Incentives Governance
Policies
Incentives
Governance
Policies
Incentives
Harvard Case Study2)
Knowledge transfer
www.
Learning Compliance
NGO
To
p 5
NG
Os 1
)
IO
Transparency International
World EconomicForum
IBLF
ICC
CIPE
UN GlobalCompact
World BankInstitute
Page 7 March 23rd, 2010 © Siemens S.A.E. - Egypt
Controls and reporting are main elements … in fostering an integrity culture
Is it the right thing for Siemens?
Is it consistent with Siemens core values and mine?
Is it legal? Is it ethical?
Is it something I am willing to be held accountable for?
Questions to guide Siemens employees towards compliant and responsible behavior
1
2
3
4
Page 8 March 23rd, 2010 © Siemens S.A.E. - Egypt
STP – Earth Workshop
Best In Class The Green Box The Discovery Box
INDAC Vocational Training Centers
Siemens CSR activities in Egypt
Page 9 March 23rd, 2010 © Siemens S.A.E. - Egypt
Thank you!