In 2008, Danfoss launched the Ethics Handbook, a set of guidelines for ethical behavior aimed at all Danfoss employees.The Ethics Handbook has been updated several times, most recently in 2013. The updates are based on the experience gained from the use of the ethical guidelines. The updated Ethics Handbook has been distributed to all employees in the Danfoss Group at the beginning of the 2013, and will be distributed to all Danfoss Power Solutions employees in 2014. The Ethics Handbook outlines Danfoss’ ethical guidelines; grouping them according to three main sections:
The handbook applies to all employees and companies in the Danfoss Group, including subsidiaries and joint ventures where Danfoss has a controlling interest. All Group companies, business units, departments and employees within Danfoss must, as a minimum, comply with the local laws of the countries in which they are operating. Complying with the country’s legislation is regarded as a basic requirement. In addition, the ethical guidelines in the Ethics Handbook must be complied with at all times.