Social Responsibility Glossary

Are you unclear about a technical term in connection with social responsibility, or do you need a reliable definition? In the TQ glossary on this topic you will find explanations of frequently used terms from our business areas.

Alphabetical list

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 C 

Code of Conduct

A code of conduct – a collection of guidelines and regulations that companies impose on themselves as part of a voluntary commitment. The formulated behavioural instructions serve as a fundamental orientation for employees and other stakeholders in order to channel desired behaviour or to avoid undesired actions. The Code of Conduct is often a component of CSR strategies (corporate social responsibility).

All companies in the TQ Group are clearly committed to their social responsibility as part of our global activities. We use the "ZVEI Code of Conduct on Corporate Social Responsibility" (CoC) and our employees' declaration of commitment as a basis for this.

Conflict minerals

Conflict minerals are the raw materials tin, gold, tantalum and tungsten from the Democratic Republic of Congo and its neighbouring states.
Some of these raw materials are mined under inhumane working conditions, including forced labour by children, and the raw materials extracted are sold cheaply on the grey market. The proceeds are used to finance weapons and terrorism.

Conflict minerals are the raw materials tin, gold, tantalum and tungsten from the Democratic Republic of Congo and its neighbouring states.
Some of these raw materials are mined under inhumane working conditions, including forced labour by children, and the raw materials extracted are sold cheaply on the grey market. The proceeds are used to finance weapons and terrorism.

Corporate Social Responsibility (CSR)

The term Corporate Social Responsibility (CSR) describes the voluntary contribution of business to sustainable development that goes beyond the legal requirements.

We would like to contribute to the fact that all people on earth can lead a dignified life in an intact nature and that is how we understand CSR.
In order to live up to this responsibility within the framework of our companies and the value-added chains that supply them, we are guided by the Berlin CSR Consensus of 25 June 2018.

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