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2019 Corporate Responsibility Report

CR rating: Compliance at joint ventures

We strive to implement our Code of Conduct and other compliance-related policies at our joint ventures as well. However, because we are only one of several partners involved in the joint venture, it is not always possible to introduce our Code of Conduct as it applies at the Group. As a result, the code of conduct followed by the joint venture is often a combination of the codes of conduct employed by the parent companies. In this process we do our best to make sure that the essential principles and elements of our Code of Conduct are also employed at the joint venture.