Compliance & Supply Chain

 

The Conrad Code of Conduct

Compliance with legal requirements is a matter of course for Conrad. In addition, we have given ourselves binding principles of conduct that apply, among other things, in the areas of human rights, labor standards, corruption prevention and environmental protection, ethical standards and responsible cooperation. Our Code of Conduct also summarizes our common values and thus provides orientation for our Group-wide actions.

 

Due diligence in the supply chain

For Conrad, acting responsibly also includes fulfilling all environmental and social due diligence obligations along the supply chain. Accordingly, we expect the same from our suppliers: Our Code of Conduct therefore obligates our suppliers to implement the Conrad corporate values and behavioral guidelines in their own supply chain as well.

As an importer and trading company, Conrad is of course also familiar with the due diligence and auditing requirements for conflict minerals and is committed to transparency along the supply chains for minerals.

Conrad Electronic itself does not import cobalt, mica, conflict minerals (tin, tantalum, tungsten and gold) or their derivatives of tinstone, columbite-tantalite and wolframite directly from metal smelters or other sources from conflict and high risk areas. Nevertheless, all six of the above minerals are widely used in the manufacture of electronic components worldwide and may also be present in the electronic components we provide to customers.

Out of responsibility, we work according to the guidelines of the OECD Guidelines, as well as the United Nations Guiding Principles on Business and HumanRights, have joined the UN Global Compact since September 2022 and fulfill our disclosure obligations. In addition, we rely exclusively on reputable manufacturers and long-standing distributors, but have no direct influence on the origin of the minerals used.

Our publicly accessible Whistleblower Center grievances and irregularities as well as violations of the Code of Conduct can be reported anonymously.