Corporate Management

The trust of our customers, investors and employees is an elementary prerequisite for our sustained growth and increases the value of the company. We strengthen this trust through responsible corporate management. As a traditional, internationally active company, we are committed to social and ethically responsible actions. Accordingly, the business practices at Leifheit are based on integrity, honesty, fairness and compliance with the applicable laws.

Successful corporate growth requires a comprehensive strategy as well as the knowledge of where and how further growth potential can be leveraged and opportunities seized in a fast-changing world. Aiming towards sustainable, profitable corporate growth, our vision “We are your leading expert for solutions that make your everyday life at home more easy and convenient” and ourLeifheit 2020” strategy with its ten strategic principles leads the way.

From our strategy we derived our corporate competence model, which describes our expectations to our managers and employees. It contains personal, social, entrepreneurial and methodic competences that are essential for our collaboration, for achieving our strategic goals and as a result, for the success of our company.

The Leifheit Code of Conduct formulates the basic rules that are intended to help people to always act according to these principles. It supports all Leifheit employees in their daily work and provides guidance when dealing with legal and ethical challenges.

We regulate our supplier requirements through a Code of Conduct whose principles are consistent with the "Business Social Compliance Initiative" (BSCI), the Conventions of the International Labour Organization, the Universal Declaration of Human Rights of the United Nations, the UN Conventions on the Rights of the Child and the Elimination of all Forms of Discrimination against Women, the principles of the UN Global Compact and the OECD Guidelines for Multinational Enterprises.

The Board of Management and Supervisory Board of Leifheit AG focus their efforts on the recommendations and suggestions of the German Corporate Governance Code. Leifheit largely complies with this evaluation criteria for good corporate governance.

Deviations from the code are published in the statutory Corporate Governance declarations.

The declaration of corporate management in accordance with Section 289a HGB (German commercial code) includes our declaration of compliance with the German corporate governance code, statements regarding our relevant corporate management practices, the description of the work methods of the Board of Management and the Supervisory Board, as well as the composition and work methods of their committees.