3.1 Compliance and ethics The Siemens compliance system v e e r n P t Management R responsibility espo nd tect De Activity fields Anti-Corruption Anti-trust Export Control Anti-Money Laundering Data Privacy Human Rights Ethics management at Siemens We are committed to fulfilling these requirements in all our In our business activities, we are committed to going beyond actions and decisions. In the complex environment of the laws and regulations. Our BCGs define how we interpret our global economy, “doing the right thing” is not always easy. responsibility, what is expected of all employees, and how Our new Siemens BCG training helps us to better assess we act as a company. situations in our work environment and make the right decisions. We believe that by acting responsibly beyond laws Our ethical principles have been integrated in the updated and regulations, we can continue achieving Siemens’ success version of our BCGs. Responsible business conduct with all in collaboration with our business partners. stakeholders and consistent consideration of Ethical Principles are expected in our decisions and are becoming increasingly Ethical standards for artificial intelligence important in view of the many changes and challenges in the Siemens prioritizes ethical standards and responsible busi- world. Accordingly, we firmly anchored them in our BCGs: ness conduct in the digital world; specifically, by protecting data, mitigating biases, supporting data sovereignty, and → We are honest and truthful in our dealings ensuring trustworthy and responsible AI. We implement → We respect the dignity, privacy, and inherent rights of safeguards for transparency, accountability, technical individuals robustness, security, and safety while promoting fairness → We protect the health, occupational safety, and personal and accessibility. security of our people → We act in line with our responsibility for the environment → We engage with reputable and law-abiding partners → We explore ethical concerns SIEMENS SUSTAINABILITY REPORT 2023 34