Conducting oneself according to the law and in line with high ethical standards are principles of the A1 Telekom Austria Group. To comply with this, in 2011 a Director of Group Compliance was appointed. He reports directly to the Management Board and the Supervisory Board of the A1 Telekom Austria Group. In addition, Alexander Heppe is supported by the Group Compliance Committee and the experts in the department Group Compliance, as well as by local compliance managers in the subsidiaries of the A1 Telekom Austria Group.
For the A1 Telekom Austria Group compliance means much more than just implementing the current rules and regulations. Compliance is a question of corporate culture and is determined considerably by the example set by the top management and the call for all employees to be responsible for their own conduct.
Certified Compliance Management System
To promote integrity in business life and to prevent misconduct the A1 Telekom Austria Group has implemented a compliance management system based on the highest standards (among others IDW PS 980, ISO 19600, ISO 37001, FCPA), which is regularly assessed on effectiveness and improved. The compliance management system was successfully audited by external advisory twice, the first time in 2013 and the second time 2019.
Some important elements of this compliance management system are:
Promoting a culture of “integrity”
Compliance risk assessment
Drawing up and updating a code of conduct
Ensuring the compliance of corporate sponsorings and donations
Ensuring the compliance of lobbying activities and management consulting
Targeted communication, training and further education
Expanding and improving internal controls
Promotion of compliance by means of instruments from human resources