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Company Response

21 Mar 2022

Author:
HeidelbergCement

HeidelbergCement response

...HeidelbergCement conducts human rights risk assessments for each country organisation. We report on them in more depth in our yearly Sustainability Report. These assessments are regularly repeated and updated. They cover a wide range of topics including antidiscrimination, prohibition of forced and child labour, fair and safe labour conditions, freedom of association and collective bargaining. Different functional aspects in operations, sales and procurement are assessed to cover the supply chain as well. The aforementioned activities also cover our operations in Russia, as well as our international trading organisation...

The safety and wellbeing of our employees is our key priority. We feel a deep responsibility for our workforce in Russia. We are in constant exchange with our local colleagues, keeping them informed via the internal Group communication channels, while we monitor the situation on a day-by-day basis. For the moment, we decided to completely freeze all further investments in Russia...

...The screening process is obviously not limited to sanctions against Russia, but it is comprehensive. Group functions and our country organisations apply further due diligence processes for different purposes, such as e.g. mergers & acquisitions or supplier onboarding, where human rights aspects are examined and assessed equally with financial risks. Our policies specify further due diligence topics and criteria for extended checks, such as anti-corruption and anti-money laundering...

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