Digiteq Automotive is committed to engage in responsible, qualified, and transparent business management focused on the company’s long-term success and the protection of stakeholder interests.
Digiteq Automotive corporate policy rests on principles enshrined in the “Digiteq Automotive Code of Conduct”. The Code of Conduct in place is based on the application of generally accepted social values.
Integrity
At Digiteq Automotive, we believe that only with lasting, dependable integrity and compliant behaviour will our gain and strengthen the trust of the staff, customers, shareholders, business partners and the general public to the company. Acting with integrity is an essential part of our Digiteq Automotive strategy and is thus on par with the quality of our products, our financial KPIs and aims and the satisfaction of our customers.
One of the tools aimed to increasing integrity awareness among the employees and management of Digiteq Automotive and its importance for our business activities is the Together4Integrity Program. Among other things, it includes initiatives supporting our aim to become a role model when it comes to integrity and compliance.
Compliance
Digiteq Automotive staunchly believes that economic success is sustainable only if everyone sticks to the rules. Therefore, particular attention is given to the obligation to comply with applicable laws and/or internal rules, ethical and other rules adopted voluntarily as standard both by the Volkswagen Group and Digiteq Automotive. Compliance principles reach beyond business relations to embrace activities both within and outside the company. This is the Digiteq Automotive’s way of signalling loudly and clearly that its conduct will echo the requirements of legal and ethical rules on competition, finances and taxes, environmental protection and employee relations, including the safeguarding of equal opportunities.
The Compliance & Integrity department at Digiteq Automotive, in cooperation with the Governance, Risk & Compliance department at ŠKODA AUTO, provide consulting on all compliance-related issues, and they also implement appropriate measures to raise awareness of the intrinsic value of compliance among the workforce and third parties. For the purposes of the above-mentioned consultancy, there is the compliance@skoda-auto.cz e-mail address available for both Digiteq Automotive employees and partners.
Digiteq Automotive Code of Conduct
The Code of Conduct sums up fundamental principles underlying the conduct of Digiteq Automotive employees, and it is instrumental in responding to legal and ethical challenges. The Digiteq Automotive’s reputation is a core value relying on the resolve shown by all employees of the company to act in keeping with our Code of Conduct and all applicable laws and internal rules. The principles of conduct described here have become part and parcel of the corporate culture at Digiteq Automotive.
Digiteq Automotive Code of Conduct here:
Our Whistleblower System
Digiteq Automotive is convinced that economic success is sustainable only if it ensures compliance with the rules, and therefore pays special attention to the obligation to comply with legal and internal regulations, ethical and other rules voluntarily accepted by the Volkswagen Group and Digiteq Automotive. These principles are not limited to business relationships but apply to all activities and behavior inside and outside the company. In order to meet these standards, it is important that we become aware of potential misconduct by our employees or business partners and stop it.
That is why for a long time the Central Reporting System, which is independent, impartial and confidential, has been operating throughout the Volkswagen Group, including our company. Based on Czech Act No. 171/2023 Coll., on the protection of whistleblowers, the company established another internal reporting system. Both systems guarantee the maximum possible protection of whistleblowers, affected persons and employees involved in the investigation of reported misconduct.
Therefore, at Digiteq Automotive there are now 2 Whistleblowing systems available.
You can find more information about them under the links below:
1. Central whistleblower system of Volkswagen Group
Risk management
For the long-term success of Digiteq Automotive, it is crucial that it can identify, anticipate, and manage the risks and opportunities arising from its activities in a timely manner. The Digiteq Automotive’s risk management structure is built on a common principle of risk management within the Volkswagen Group.
The aim of the risk management system is to identify individual potential right at the beginning, assess how great they are, take appropriate countermeasures, prevent any potential damages, and eliminate any risks that might jeopardise the company existence. As the likelihood and impact of future events is subject to a certain degree of uncertainty, even the best risk management system cannot foresee all possible risks, and even the best and well-proven the internal control system cannot fully prevent unforeseeable events either. At the same time, economic and regulatory changes can offer opportunities that the company then strives to seize so that it is able to consolidate and build on its competitive position.