Governance

Long-term economic success underpins every corporate activity at PORR. Here we are involved inconstant dialogue with our stakeholders and always keep an eye on sustainably increasing thecompany’s value. The following points form the basis and contribute to the achievement of our goals:

• Our five Principles provide the basis for conduct that is morally, ethically and legally sound
• Fair competition and upholding the law as overarching priority
• Risk management and customer focus
• Fair and constructive cooperation (PORR Code of Conduct)
• Ensure a sustainable supply chain

Fair and transparent behaviour is our top priority. The Code of Conduct for employees and the one for business partners apply throughout the entire value chain. Together with the PORR Principles, they provide guidelines for conduct that is morally, ethically and legally sound and displays integrity; they also form the basis for all corporate activities and decisions within PORR.

Audited processes. We fulfil our duty of care systematically: The Group is certified to ISO 37001 (Anti-Corruption Management) as well as ISO 37301 (Compliance Management System). PORR’s quality management system is certified to ISO 9001. With the ISO 45001 management system, human rights aspects are integrated into the organisational processes and audited. The implementation of the aforementioned guidelines is monitored by means of annual update checks.

The commitment to tax compliance is part of the PORR tax policy, which is communicated in the PORR Group tax guidelines. The PORR tax guidelines lay out the organizational structure of the tax function in the PORR Group, headed by the CFO. The data protection compliance management system is designed to ensure that the risk of a breach of data protection regulations is avoided or minimised.

Since 2017, PORR has had a system in place for reporting violations regulated in the Market Abuse Regulation (issuer compliance) as well as violations in connection with money laundering or terrorist financing. On the one hand, reports can be made known via the e-mail address compliance@porr.at. On the other hand, the whistleblowing platform allows anyone anonymous two-way communication: https://whbs.porr.at

More informaition on PORR’s processes on Compliance you can read here Compliance in the PORR Group

Our principle is clear and unwavering: Respect for human rights (Human Rights Policy) is an essential prerequisite for any economic activity at PORR. Its approaches are reflected in the PORR Principles and in the Codes of Conduct for staff and business partners. It is committed to the principles of the UN Global Compact and to fulfilling the SDGs. In addition, within its business activities PORR observes the principles and rights set out in the “ILO Declaration on Fundamental Principles and Rights at Work” and its follow-up and aligns due diligence processes with the requirements of the United Nations “Guiding Principles on Business and Human Rights”. With its Modern Slavery Act Policy, it is committed to eliminating modern slavery and human trafficking along the entire value chain. Child labour and forced labour on its construction sites and within its sphere of influence will not be tolerated. PORR guarantees its staff both freedom of association and the right to collective bargaining.  

We also ensure fair labor practices and the protection of human rights in the supply chain. The Group-wide Code of Conduct for employees, the Code of Conduct for business partners and our compliance management system contribute to achieving these goals. Local procurement, selective choice of suppliers, regular audits, master data sheets and exclusion criteria support comprehensive procurement management.

At PORR, compliance with social, environmental and quality standards applies to the entire supply chain. In order to make this complex supply chain transparent, we are in close contact with our suppliers and subcontractors. In this way, we achieve an important goal: We ensure sustainability.

We continuously optimize all processes. From the initial contact with customers as well as the bidding and construction phase to handover, good cooperation with all parties involved is crucial for us. We rely on long-term and stable supplier relationships and local procurement.

A detailed overview of sustainable goods procurement at PORR is the set of sustainability criteria for procurement. In order to check compliance with this set, PORR has introduced a supplier audit.