Semperit AG Holding

EANS-News: Semperit AG Holding
High Ethical and Social Standards at Sempermed in Thailand (with photo)

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Company Information

Vienna, June 6, 2014 - The Semperit Group is committed to high ethical and
social standards as well as good working conditions for all its employees around
the world. An independent audit carried out to verify adherence to the Code of
Conduct of the Business Social Compliance Initiative (BSCI) shows that this also
applies to the Siam Sempermed glove production facilities in Hatyai, Thailand. 

The BSCI audit carried out in April 2014 states that Siam Sempermed's largest
production site complied with all Thai laws. It also indicates that there was
neither child or bonded labour nor discrimination, and that all employees at the
site were receiving a fair remuneration for their work. Furthermore, Semperit is
fully engaged in addressing the voluntary overtime carried out by migrant
workers who want to earn as much money as possible within the duration of time
they are permitted to stay in Thailand. These extra hours --a crucial point for
a factory to be BSCI compliant-- exceeded the BSCI standard of 12 hours per
week, but were still within the legal limits established by local labour laws.

This good performance in fulfilling ethical and social standards was possible
due to the fact that Siam Sempermed continually strives to improve working
conditions for its employees within the context of a sustainable corporate
social responsibility initiative. In order to further improve the working
conditions in the future, Sempermed will continue and intensify the cooperation
with BSCI. Its Code of Conduct takes the following aspects into consideration: 
* The rights of Freedom of Association and Collective Bargaining
* No Discrimination
* Fair Remuneration
* Decent Working Hours
* Occupational Health and Safety
* No Child Labour
* Special Protection for Young Workers
* No Precarious Employment
* No Bonded Labour
* Protection of the Environment
* Ethical Business Behaviour

 "We are a company which operates globally, but the way we perceive ourselves is
rooted in traditional European values. This is precisely why we take our social
responsibility seriously at all our sites, and why we aim to make a contribution
towards improving the situation of employees, especially in Asia. The results of
the BSCI audit come as no surprise to us, but serve to rectify the allegations
made against Sempermed in Thailand several weeks ago", says Richard
Ehrenfeldner, Member of the Management Board of Semperit. "One can create
working conditions which perhaps still barely manage to be legally permissible,
or one can ensure that they are exemplary. We have decided for the latter course
of action, and lead the way forward. The results of the BSCI audit indicate that
we are on the right track. We will continue on this path in order to create
optimal conditions for all employees along our production chain", Richard
Ehrenfeldner adds.

Semperit is a participant of the BSCI, a business-driven initiative for
companies committed to improving working conditions in their global supply
chains. By joining this initiative, Semperit is committed to implement the BSCI
Code of Conduct, a set of principles and values which draws on internationally
recognised labour standards protecting workers' rights.

About Semperit 
The publicly listed company Semperit AG Holding is an internationally-oriented
group that develops, produces, and sells in more than 100 countries highly
specialised rubber and plastic products for the medical and industrial sectors:
examination and surgical gloves, hydraulic and industrial hoses, conveyor belts,
escalator handrails, construction profiles, cable car rings, and products for
railway superstructures. The headquarters of this long-standing Austrian
company, which was founded in 1824, are located in Vienna, and the global R & D
centre is in Wimpassing, Lower Austria. The Semperit Group employs about 10,800
people worldwide, including more than 7,000 in Asia and more than 700 in Austria
(Vienna and production site in Wimpassing, Lower Austria). The Group has 22
manufacturing facilities worldwide and numerous sales offices in Europe, Asia,
and America. In 2013 the group generated sales of EUR 906 million and an EBITDA
of EUR 133 million.

About Sempermed 
Sempermed is the largest segment of the Semperit Group and is ranked among the
international leading manufacturers of medical and industrial gloves. At
Sempermed's research centre in Wimpassing, Lower Austria, new products are
continually developed and tested in close co-operation with users and experts.
For more than 90 years Sempermed has been producing gloves of the highest
quality and has set standards in terms of quality and innovation. Sempermed
continually strives for optimum safety and reliability using the most modern
production technologies, highest production hygiene and strictest quality
checks. In 2013 Sempermed generated sales of EUR 435 million, (about 48% of the
Group revenue) and an EBITDA of EUR 59 million.
For further information visit us at
Pictures with Announcement:

Further inquiry note:
Martina Büchele 		
Head of Group Communications
Tel.: +43 676 8715 8621

end of announcement                               euro adhoc 

Pictures with Announcement:

company:     Semperit AG Holding
             Modecenterstrasse 22
             A-1030 Wien
phone:       +43 1 79 777-210
FAX:         +43 1 79 777-602
sector:      Synthetics & Plastics
ISIN:        AT0000785555
indexes:     WBI, ATX Prime, ViDX, Prime Market, ATX Global Players
stockmarkets: official market: Wien 
language:   English

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