Context

We take great pride in the people who contribute to the success of the Group and remain committed to resolving issues which could affect employees' work or personal welfare.

Our approach

The Richemont Employees Code of Business Conduct (the ‘CoBC’) provides guidance on ethical standards of behaviour that our employees should adopt at work. It sets out universal guiding principles that all staff in the Maisons and Regional units should follow in the business workplace. It is complementary to local 'Codes of Conduct' or Employee Handbooks, if they already exist in business units. The CoBC sets out the Group’s procedures for whistle-blowing and reporting grievances. To the extent practicable and permissible by local law, Richemont will respect the privacy and confidentiality of employee reports. Employees will not be discriminated against because they have reported suspected breaches in good faith. Whistle-blowing reports are followed up by the Group’s Internal Audit function, independent of the whistle-blower’s line management. To make it accessible to all, the CoBC has been published in six languages (English, French, German, Japanese, Chinese and Russian) and is available as an interactive booklet on the Group’s HR Intranet, our main channel for communicating human resources information within the Group. In addition, each Maison undertakes its own engagement activities with its employees.

Employee participation

Maisons comply with local legislation in recognising union membership amongst employees.

We have a European Works Council for our European employees, with appointed staff representatives.

Looking ahead

Maisons and Regional units will continue to communicate the CoBC and relevant policies to all staff and newcomers through a variety of channels, including induction programmes, ad hoc training sessions, emails and the intranet.

Case studies

Chloé CSR training programme
Richemont North America Workplace Training