Responsible business practices

Sustainable, profitable business

We create value for our shareholders and employees by running a sustainable and profitable business. In 2020, we continued to integrate sustainability aspects in the overarching strategy and strategic priorities.

Business ethics

Munters has operations in many countries and the views on what is moreal and ethical differ in different cultures. A number of countries in which Munters operates rank relatively low on Transparency International’s annual Corruption Perception Index. In these countries, we therefore place higher requirements on an effective process to ensure compliance with laws and regulations and that human rights are not compromised.

Code of Conduct

Our suppliers and distributors have follow the same ethical guidelines that we follow ourselves. We make clear demands on our partners in the Code of Conduct and require them to read through it and affirm that they understand and will comply with its content. A routine dialogue with our partners on these issues provides several advantages and opportunities for in-depth, long-term relationships and prevents risk.

For more information, read our Code of Conduct documents for suppliers and employees. 

For more information about our progress in 2020, click here.

Goals and outcomes 2020

Code of conduct for suppliers The goal for 2020 was to have all our major suppliers both direct and indirect materials sign the Code of Conduct.		100% Outcome 2019: 92%
Whistleblower cases Number of whistleblower complaints through the external reporting channel.		12 Outcome 2019: 7
Sustainable Development Goals (SDGs) The activities that Munters carries out in the area of resource efficiency support the following areas in the UN’s 2030 Agenda for Sustainable Development.
Munters has zero tolerance for all forms of corruption and bribery.