Corporate Management and Compliance

The confidence of our customers, investors and employees is key to our ability to achieve sustainable growth and to increase company value. We strengthen this confidence through responsible corporate management. Corporate governance and compliance are therefore high priorities at Leifheit.

Through our revised compliance management system (CMS), implemented as a Group-wide measure, we ensure compliance with laws and regulations, recognised standards and recommendations, as well as our own guidelines. Effectiveness is both a key basic principle for Leifheit and the goal of commercially responsible conduct.

The following guidelines in particular serve as our point of orientation:

  • German Corporate Governance Code
    The Board of Management and the Supervisory Board of Leifheit AG base their work on the German Corporate Governance Code (DCGK). In the reporting year, Leifheit complied almost completely with the guidelines provided therein for good corporate governance. Our declarations of conformity have been published and are permanently accessible. The corporate governance report is part of the annual financial report.

  • Leifheit competency model
    Our competency model depicts our business-specific, interdisciplinary expectations of management personnel and employees. It includes personal, social, business and methodological skills that are crucial to collaboration and our company’s long-term success.

  • Leifheit Code of Conduct
    Our employees are bound to the Leifheit Code of Conduct, which lays down basic rules governing social, ethically responsible and lawful conduct at the Leifheit Group and addresses the following issues:

    • laws and guidelines
    • human rights and discrimination
    • occupational health and safety
    • environmental and climate protection, and resource efficiency
    • compliance with the Business Social Compliance Initiative, the Conventions of the International Labour Organisation, the United Nations Universal Declaration of Human Rights, the UN Convention on the Rights of the Child, the UN Convention on the Elimination of All Forms of Discrimination against Women, the Principles of the UN Global Compact and the OECD Guidelines for Multinational Companies
    • handling confidential information
    • safeguarding the results of R&D activities and product safety
    • accurate reporting
    • capital market law, insider trading and market manipulation
    • fair competition, antitrust law and corruption
    • whistle-blower system
    • handling invitations, meals/hospitality and gifts
    • dealing with conflicts of interest
    • data protection

  • Antitrust compliance policy
    Our stance against corruption and violations of antitrust law is also reflected in an antitrust compliance policy.

  • Insider guidelines
    Trade in stocks and the handling of insider information are subject to strict statutory regulations. Compliance with these regulations is monitored by the German Federal Financial Supervisory Authority (BaFin). Our insider guidelines provide an overview of how to handle insider information, the statutory provisions prohibiting insider trading, the unlawful disclosure of insider information, the consequences of such trading or disclosures and the insider list.

  • Standards for our suppliers
    We lay down the standards for our suppliers in a code of conduct. The Leifheit code of conduct is consistent with the Business Social Compliance Initiative (BSCI), the Conventions of the International Labour Organisation, the United Nations Universal Declaration of Human Rights, the UN Convention on the Rights of the Child, the UN Convention on the Elimination of All Forms of Discrimination against Women, the Principles of the UN Global Compact and the OECD Guidelines for Multinational Companies.


The Board of Management and the management team of Leifheit are committed to compliance as a leadership duty. The principles of the compliance management system (CMS) and standards of conduct have been in place for years and are part of the day-to-day business routine. They are available to Leifheit Group employees in German and English.

In their duty to set an example for others, Leifheit managers are instructed to impart and model the principles and policies for their employees. The managers are responsible for ensuring compliance with our code.

We created a concept for providing our employees with regular training on our compliance principles through online e-learning modules. We implemented a whistle-blower system as well. Our employees and third parties have the possibility of safely passing along tip-offs to an ombudsman if they suspect or have evidence of potential legal violations at the company. Violations are not tolerated, and all indications of misconduct are followed up. Findings are entered into our risk management system or our internal control and risk management system during the accounting process (ICS). External audits also monitor the effectiveness and adequacy of our CMS.

The statutory declaration of corporate management in accordance with sections 289f and 315d German Commercial Code (HGB) includes the declaration of conformity with the German Corporate Governance Code, the explanation of our 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, the information on the defined targets according to the German law on the equal participation of women and men in leadership positions and the description of the diversity concept.