G1 | BUSINESS CONDUCT GOVERNANCE
How we meet compliance requirements
Business conduct policies and corporate culture [G1-1]
As part of the double materiality assess- ment for ESRS G1 Business conduct, the Zumtobel Group has identified and asses- sed various impacts and financial risks in connection with business practices. This gives rise to two relevant topics.
In the past financial year, the Zumtobel Group launched a global cultural trans- formation aimed at further developing the corporate culture. A diverse, open-minded, positive culture is considered essential to the Group’s success in a competitive environment and its position in the long term. The most senior level in the Group (the Management Board) is responsible for the ongoing cultural transformation of the Zumtobel Group. In the 2024/25 financial year, workshops held throughout the Group provided all employees with the opportunity to actively address the topic of corporate culture. ‘Key behaviours’ were also formulated as the foundations of the cultural transforma- tion. They provide guidance for day-to-day working life, encourage productive collabo- ration and support the target culture at all levels. In addition, targeted projects have been initiated that aim to leverage cultural assets with a high impact and continue to drive forward the transformation. The Zumtobel Group views this cultural change as an ongoing process and will continue to systematically pursue and refine actions in the 2026/27 financial year.
G1 | Corporate culture:
Potential positive impact on people: The cultural transformation at Zumtobel Group promotes a positive, inclusive and respectful working environment and thereby strengthens the corporate culture.
G1 | Corruption and bribery:
Potential negative impact on people: Potential cases of corruption and bribery can have nega- tive impacts on people and society
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