Code of Conduct

Code of Conduct

1 Preamble

JAESPA Maschinenfabrik Karl Jäger GmbH from Spangenberg is considered one of the leading manufacturers of horizontal, vertical and special band saw machines. According to the motto EXPERTISE IN SAWING, successful companies worldwide rely on JAESPA Maschinenfabrik Karl Jäger GmbH. As a medium-sized employer with over 30 employees in the mechanical engineering industry, JAESPA Maschinenfabrik Karl Jäger GmbH is aware of its social and ethical responsibility. With this code we want to draw attention to applicable laws, standards and legal risks. We expect all of our employees, our suppliers, customers and partners to respect these values and implement them in their daily work.
JAESPA Maschinenfabrik Karl Jäger GmbH sees itself as part of an internationally interconnected economy and, as a company, is part of the countries and their companies in which JAESPA Maschinenfabrik Karl Jäger GmbH operates at its locations. JAESPA Maschinenfabrik Karl Jäger GmbH follows the basic understanding of the “honorable businessman” and is committed to its responsibility as a company.

JAESPA Maschinenfabrik Karl Jäger GmbH observes the direct and indirect effects of its business activities on the environment and society and strives to bring economic, ecological and social concerns into an appropriate balance of interests.
JAESPA Maschinenfabrik Karl Jäger GmbH acts in accordance with generally recognized values and principles, behaves in accordance with the law and in particular observes internationally recognized human rights and labor standards, as set out below.
JAESPA Maschinenfabrik Karl Jäger GmbH stands for the goals and content of the Code of Conduct and will make all appropriate and reasonable efforts within the scope of its respective legal and actual possibilities to continuously fulfill the voluntary commitment. If existing national regulations contradict the contents of the Code of Conduct or the domestic context makes it impossible to fully comply with them, JAESPA Maschinenfabrik Karl Jäger GmbH will look for ways to still comply with the requirements of the Code of Conduct if possible.

2 Scope

We are committed to promoting compliance with the content of this Code of Conduct among our suppliers and in the wider value chain within the scope of the respective possibilities and scope for action.

3 Communication

JAESPA Maschinenfabrik Karl Jäger GmbH communicates openly and in a dialogue-oriented manner about the requirements of this Code of Conduct and its implementation towards employees, customers, suppliers and other interest groups. All documents and records are duly created, not unfairly altered or destroyed, and stored properly. Trade secrets and business information of business partners are treated sensitively and confidentially.

4 Ethical / moral commitment and integrity

JAESPA Maschinenfabrik Karl Jäger GmbH exclusively pursues legal business goals and practices and only maintains business relationships with reputable partners. JAESPA Maschinenfabrik Karl Jäger GmbH behaves fairly and appreciatively towards business partners and customers. JAESPA Maschinenfabrik Karl Jäger GmbH respects different legal, economic, social and cultural backgrounds and the special circumstances of the countries and regions in which JAESPA Maschinenfabrik Karl Jäger GmbH operates. In doing so, JAESPA Maschinenfabrik Karl Jäger GmbH respects the laws and regulations of the countries and regions in which business activities take place. JAESPA Maschinenfabrik Karl Jäger GmbH always bases its business activities on generally applicable ethical values and principles, including integrity and respect for human dignity. JAESPA Maschinenfabrik Karl Jäger GmbH builds on free and fair world trade.

5 Corruption, trade control, money laundering

JAESPA Maschinenfabrik Karl Jäger GmbH rejects any form of bribery and corruption. To this end, we avoid any appearance of this – be it in the form of granting or accepting unfair advantages. JAESPA Maschinenfabrik Karl Jäger GmbH acts in accordance with the applicable import and export control regulations and adheres to the legal requirements for the prevention of money laundering.

6 Fair competition

JAESPA Maschinenfabrik Karl Jäger GmbH advocates free and fair competition. JAESPA Maschinenfabrik Karl Jäger GmbH does not tolerate any anti-competitive agreements and ensures that the company acts in accordance with applicable antitrust laws. JAESPA Maschinenfabrik Karl Jäger GmbH rejects competitive advantages through unfair business practices.

7 Handling of personal data, protection of confidential information and intellectual property

JAESPA Maschinenfabrik Karl Jäger GmbH respects the personal rights of its employees, business partners and customers and follows the applicable legal and regulatory requirements for the processing of personal data and information security when handling personal information. JAESPA Maschinenfabrik Karl Jäger GmbH protects entrusted business secrets and other confidential information of its business partners and customers from unauthorized acquisition, use and disclosure, at least in accordance with the relevant legal provisions for the protection of trade secrets. JAESPA Maschinenfabrik Karl Jäger GmbH respects the intellectual property of its business partners, customers and other third parties and ensures that sufficient precautions are taken to protect intellectual property rights when exchanging know-how and technologies.

8 Protecting of consumer interests

To the extent that products and services from JAESPA Maschinenfabrik Karl Jäger GmbH affect the interests of consumers, appropriate measures are taken to ensure the safety and quality of the products or services.
JAESPA Maschinenfabrik Karl Jäger GmbH ensures that the products or services comply with the relevant legal consumer protection regulations. As part of information and sales measures, JAESPA Maschinenfabrik Karl Jäger GmbH takes consumer interests into account by applying the legal requirements for fair business, marketing and advertising practices and consumer education.

9 Ecological responsibility and commitment

The protection and preservation of the natural foundations of life affects and obliges us all. With this in mind, JAESPA Maschinenfabrik Karl Jäger GmbH carries out its business activities in an ecologically responsible manner and is committed to the goal of a climate-neutral future.
JAESPA Maschinenfabrik Karl Jäger GmbH protects the environment and prevents environmental pollution as much as possible. JAESPA Maschinenfabrik Karl Jäger GmbH takes its environmental protection obligations into account and fulfills its binding environmental protection obligations. JAESPA continuously improves environmental protection management.

10 Protection of the environment and climate

Sustainable environmental and climate protection as well as resource efficiency are important corporate goals for JAESPA Maschinenfabrik Karl Jäger GmbH. When developing new products and services as well as when selling our products and services, we ensure that all resulting impacts on the environment and the climate are kept as low as possible and also that our products make a positive contribution to environmental and climate protection for our customers. Jeder Mitarbeiter der JAESPA Maschinenfabrik Karl Jäger GmbH is responsible for treating natural resources carefully and contributing to the protection of the environment and climate through its individual behavior.

11 Human rights and labor standards

Human dignity is inviolable. That is why JAESPA Maschinenfabrik Karl Jäger GmbH respects the internationally recognized human rights that are set out in the United Nations Universal Declaration of Human Rights. JAESPA Maschinenfabrik Karl Jäger GmbH is based on the internationally recognized working standards of the International Labor Organization (ILO), as listed below in the Code of Conduct. In all business activities, JAESPA Maschinenfabrik Karl Jäger GmbH strives to neither cause nor contribute to human rights violations. JAESPA Maschinenfabrik Karl Jäger GmbH expects the same from its business partners. As far as necessary and possible, JAESPA Maschinenfabrik Karl Jäger GmbH supports its suppliers in this regard.

12 Employment conditions

JAESPA Maschinenfabrik Karl Jäger GmbH treats its employees with appreciation. JAESPA Maschinenfabrik Karl Jäger GmbH rejects any form of unlawful punishment, abuse, harassment, intimidation or other undignified treatment towards employees. JAESPA Maschinenfabrik Karl Jäger GmbH applies the applicable labor law to all employment relationships and expects the same from its contractual partners.
At the start of the employment relationship, employees are provided with understandable information about the essential working conditions, including: to provide their rights and obligations, working hours, remuneration and payment and billing modalities. JAESPA Maschinenfabrik Karl Jäger GmbH respects and protects the right of employees to terminate their employment relationship while observing the applicable notice period.

13 Rejecting child labor and protecting young workers

JAESPA Maschinenfabrik Karl Jäger GmbH does not tolerate child labor and observes the applicable legal minimum age for starting work.
In any case, JAESPA Maschinenfabrik Karl Jäger GmbH does not employ anyone under the age at which compulsory education ends according to the law of the place of employment or under 15 years of age. Internships are organized in accordance with legal regulations. JAESPA Maschinenfabrik Karl Jäger GmbH expects its contractual partners to have appropriate means of determining age in order to prevent child labor. If child labor is detected, all necessary measures must be taken immediately that focus on the well-being, protection and development of the child. For people under 18 years of age, the rights of young employees must be taken into account; They may only be employed if it is ensured that the working and employment conditions do not pose a threat to their health, safety or morals or are detrimental to their development.

14 Reject forced labor

JAESPA Maschinenfabrik Karl Jäger GmbH rejects forced or compulsory labor in any form. This also applies to any form of debt bondage, serfdom, slavery or slave-like practices, human trafficking and extends to all forms of involuntary labor and services that are incompatible with internationally recognized labor and social standards.

15 Principles of compensation

JAESPA Maschinenfabrik Karl Jäger GmbH applies the statutory or - where applicable - collective agreement provisions when remunerating work services. JAESPA Maschinenfabrik Karl Jäger GmbH ensures that the pay of employees in the company does not fall below the applicable statutory or, if applicable, the collectively agreed or industry-standard minimum wage. In countries or regions without a legal or collective wage framework, JAESPA Maschinenfabrik Karl Jäger GmbH ensures that the wages paid are sufficient for regular full-time working hours to meet the basic needs of the employees. Wage deductions that are not permitted by law, including wage deductions as a disciplinary measure, are not tolerated by JAESPA Maschinenfabrik Karl Jäger GmbH.

16 Working hours

JAESPA Maschinenfabrik Karl Jäger GmbH applies the statutory or applicable collective bargaining regulations regarding working hours, including overtime, rest breaks and vacation. JAESPA Maschinenfabrik Karl Jäger GmbH ensures that:

the regular weekly working hours plus the maximum possible overtime is not exceeded,
working time regulations are adhered to.

17 Freedom of coalition

JAESPA Maschinenfabrik Karl Jäger GmbH respects the right of employees to freedom of association and freedom of assembly as well as the right to collective and collective bargaining.

18 Diversity and inclution, prohibition of discrimination

JAESPA Maschinenfabrik Karl Jäger GmbH values the diversity of its employees and promotes a working environment that enables inclusion. That is why JAESPA Maschinenfabrik Karl Jäger GmbH is committed to equal opportunities and rejects any form of discrimination and unequal treatment based on national and ethnic origin, social origin, health status, disability, sexual orientation, age, gender, political opinion, religion or ideology. JAESPA Maschinenfabrik Karl Jäger GmbH lives by the principle of equal pay for male and female workers for work of equal value.

19 Health and safety at work

JAESPA Maschinenfabrik Karl Jäger GmbH observes national and international occupational health and safety standards. JAESPA Maschinenfabrik Karl Jäger GmbH ensures a safe and health-promoting working environment (avoiding accidents, injuries and work-related illnesses) to ensure the safety and health of its employees

20 Appearing in public

The JAESPA Maschinenfabrik Karl Jäger GmbH employee must ensure that his behavior does not damage the reputation of JAESPA Maschinenfabrik Karl Jäger GmbH.

21 Emergency preparedness

The definition refers to the steps you take to ensure your safety before, during, and after an emergency or natural disaster.
These plans are important for your safety in both natural and man-made disasters. Examples of natural disasters include floods, blizzards, tornadoes, and earthquakes.
JAESPA Maschinenfabrik Karl Jäger GmbH Guideline on Occupational Health and Safety

Occupational health and safety

At JAESPA Maschinenfabrik Karl Jäger GmbH, occupational health and safety encompasses the measures, resources, and methods used to protect our employees from work-related safety and health hazards. Our primary goal is the prevention of workplace accidents and the protection of the health of our employees and third parties.

For this reason, we ensure that all legally required occupational safety measures and regulations are implemented, taking the circumstances into account. Every manager is responsible for knowing the safety regulations and instructing their employees accordingly, or ensuring that their instruction is provided by third parties. We, along with all supervisors and employees, are equally responsible for ensuring consistent compliance. All employees must comply with the applicable national and European legal regulations and the accident prevention regulations of the employers' liability insurance association as a minimum standard, as well as the corresponding work instructions. How these regulations are to be implemented in daily operations is taught in an annual safety training session, attendance at which is mandatory for all employees. Furthermore, all legal regulations also apply to external business partners who carry out work on our company premises.

Hristo Kirilov

CEO CFO

Thomas Werk

Authorized signatory

Spangenberg, February 2025