Social responsibility
Siegfried’s responsibility goes beyond the immediate influence of the company. Within our scope of possibilities, we contribute to a sustainable development of society.
As a responsible economic force and employer, Siegfried is committed socially, culturally, and in sports across Switzerland, and in particular in the Zofingen/Aargau region. For example, the company sponsors:
- Social/civic projects in Switzerland
- Political activities of our employees (through flexible work hours)
- Regional cultural and sports organizations
- Youth-oriented projects
Siegfried dedicates a substantial sum every year to sponsor such activities. The company is a member of the Swiss Chemical Pharmaceutical Society (SCGI) and the Swiss Society for Healthcare Policy. In addition, a member of the Executive Management is on the Board of Directors of the Aargau Chamber of Industry & Commerce (AIHK) and president of the Busi- ness Association of the Zofingen Region (WRZ).
Together with the University of Zurich, Siegfried organizes the international Siegfried Symposium every two years and awards the Siegfried Medal in recognition of extraordinary achievements in the field of process chemistry.
Competition
Siegfried stands for a fair competitive environment and contributes to lower medicinal costs through the manufacture of generic products. To prevent corruption and price fixing, Siegfried trains its sales teams in fair competitive practices. Currently there are no pending suits concerning anti-competitive practices, cartel or monopolistic activities.
Sustainable procurement /personal rights
Regular and systematic on-site audits of our suppliers are part of our quality management. Our presence in Shanghai puts us close to suppliers in high-risk areas, allowing us to respond quickly and effectively to defects or shortcomings. Employee safety and environmental protection are an important aspect of such audits.
Siegfried also takes a clear stand against child labor and human rights violations of any kind. However, such cases are extremely rare in the chemical and pharmaceutical sectors.