ETHICS AND COMPLIANCE AT BMG

An ethical, values-driven approach is core to BMG’s distinctive business model. Our approach to values and compliance derives from our parent company, Bertelsmann, a family-controlled business established by Carl Bertelsmann in 1835 in Gütersloh, Germany. 

Bertelsmann, driven by its core values of Creativity and Entrepreneurship, has implemented its ethics and compliance procedures across all core divisions of the company including BMG. 

The executive board of Bertelsmann has established a compliance organization and an Integrity & Compliance program, highlighting the importance for Bertelsmann of complying with laws, regulations, and social responsibility. The Bertelsmann Integrity & Compliance program pursues the following goals: supporting Bertelsmann SE & Co. KGaA and its subsidiaries in maintaining compliance with laws, regulations, and company policies; promoting an ethical culture consistent with the values and principles stated in the Bertelsmann Essentials and the Bertelsmann Code of Conduct and building mutually trusting relationships with business partners who expect that they can rely on Bertelsmann as a partner that conforms to the law.

All of Bertelsmann's integrity and compliance policies can be found here.

The Bertelsmann Code of Conduct aims to ensure everyone within the organization is adequately aware of legal risks, applicable laws, and company guidelines. The Code summarizes laws and other regulations relevant to Bertelsmann companies and provides guidance. The code outlines binding minimum standards for responsible behavior toward business partners, the public, as well as internal and external interactions within the company. Everyone in the company – from Supervisory Board to Executive Board to team members at all levels - are obliged to adhere to the principles laid out in this Code.

The Bertelsmann Code of Conduct is available in 12 languages here.

Speak-up channels serve to make serious concerns known, such as violations of laws or regulations, or harassment. We respond promptly, fairly, and confidentially to matters that are reported to us. At BMG, employees, business partners, and third parties always have the opportunity to ask for advice and discuss a concern about potential misconduct. Retaliation against employees who raise concerns in good faith about suspected misconduct is prohibited. When investigating reports of misconduct, the rights of everyone involved are protected and decisions on disciplinary measures are made fairly, appropriately, confidentially, and transparently.

The full list of speak-up channels and resources available to employees is accessible here.