Code of Conduct, Compliance & Governance

Entrepreneurial activity has a wide range of social, technological, economic, and environmental impacts. MicroNova is committed to ensuring that these impacts are as positive as possible or kept to a minimum. A Code of Conduct (CoC) supports us in this endeavor and serves as our “moral compass.” It defines binding principles for responsible action and creates a common basis for sustainability, fairness, and integrity in all areas of business—from industrial test solutions and IT management and monitoring software to telecommunications and business solutions for digitalization and project management.

As a company, we are committed to values and a corporate culture of honesty and compliance. This set of rules applies both externally and internally and serves as a guideline for us, our customers, and our partners. MicroNova's Code of Conduct not only ensures orderly, legally compliant cooperation, but also strengthens trust in the reliability, responsibility, and credibility of our company—and thus in our entire portfolio of innovative products and services. Respect for applicable laws and regulations as well as social and environmental values is a central component of our corporate culture and is already a guiding principle for all companies in the MicroNova Group.

The document “Code of Conduct for Business Partners” can be found here.

MicroNova has developed its own compliance management system that ensures compliance with existing legal requirements and monitors the strict implementation of MicroNova’s own policies. Correct, responsible behavior is our highest priority; at the same time, we expect our partners and suppliers to act accordingly themselves.

Our compliance management system applies to all locations and to all employees without exception. The relevant company divisions are the commercial department including Purchasing, Controlling, Human Resources, Facility Management with particular focus on occupational safety, sales, products, and of course information security, data protection and company-wide IT.

MicroNova has created the necessary control mechanisms and processes to ensure that compliance obligations in the divisions are identified, made known and upheld. Clearly defined testing and reporting processes and contact persons ensure that any compliance violations can be resolved quickly and comprehensively.

Here you will find the option to report a compliance violation or information security incident. Prevention is always our top priority.

This goes hand-in-hand with a voluntary commitment on the part of management to participate continuously and actively in the creation and development of the compliance management system by:

• setting compliance targets
• creating a compliance culture
• assessing the risk analysis
• reviewing the system from a management perspective
• providing appropriate communication and setting a good example

Of course, the commitment from management does not release employees from their obligation to play an active role – on the contrary: dedicated employees are involved in the compliance management system development process. In addition, regular training ensures that employees are made aware of the company-wide compliance policy, its role and its contribution to meeting the associated obligations and the effects of any violation.

MicroNova promotes all behaviors that support legal and regulatory compliance and does not tolerate any activities that interfere with this.