Compliance describes all measures that ensure legally and regulatorily compliant business practices and prevent rule violations.
What's it all about?
- Compliance ensures legally and regulatorily compliant business practices
- METRO relies on systematic compliance management
In simple terms, compliance means adherence to laws and regulations. In a business context, compliance includes all measures that ensure legally and regulatorily compliant business practices. The goal is to prevent risks and rule violations. This includes corruption, data protection breaches and the violation of environmental standards. Another important factor is social compliance, which focuses on socially responsible business practices within the company and along the supply chain.
Active compliance management
Systematic compliance management is an important part of the governance of a company. With its group-wide compliance management system, METRO bundles all measures that support adherence to laws and its self-imposed code of conduct. Compliance management helps avoid or identify and sanction violations of compliance regulations. The METRO Compliance Officer coordinates all compliance measures, is available as a point of contact and develops specific measures as required to avoid misconduct.
The METRO sCore strategy sets the goals until 2030. Successes can also be seen in the figures for the 2022/23 financial year.