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Corporate Social Responsibility

We at Taycan cares about “doing business right” in meeting the needs of our customers, employees and communities. It is inherent in our culture. How we get our results is just as important as the results themselves, and an important measure of our company’s success.

We at Taycan cares about “doing business right” in meeting the needs of our customers, employees and communities. It is inherent in our culture. How we get our results is just as important as the results themselves, and an important measure of our company’s success.

Clear guidelines related to ethical behavior, safety requirements and environmental practices are communicated to employees. Outlined in this document is a summary of some of the commitments that exemplify our approach to ethics and integrity in everything we do.

EHS and Sustainability

Sustainable business: We are committed to being a leader in safeguarding the health and safety of our employees and protecting the environment. Taycan smart solutions and services increase the energy efficiency of buildings, vehicles, help to conserve natural resources, shrink the carbon footprint of our customers and reduce the environmental impact of everyday life.

Employee safety: We believe that the safety and health of our employees is of the highest importance. We seek to prevent accidents, injuries and occupational illnesses and promote healthy and safe lifestyles for our employees and their families.

Compliance: We have a Environment, Health and Safety (EHS) governance structure of people, policies and processes, designed to ensure compliance, responsible EHS practices and proactive incident reporting and response. This structure applies to our operations. We strive to meet or exceed regulatory requirements, consistent with Taycan’s commitment to respect and obey the laws, rules and regulations applying to our businesses in the region we are operating. We work to create a “zero incident” culture and to continuously improve our EHS performance.

Environmental stewardship: Our commitment to the environment goes beyond legal compliance and extends to actions intended to reduce our environmental footprint through our operations, products and services. In our operations, this commitment is reflected in our efforts to prevent pollution, reduce greenhouse gas emissions and conserve natural resources. We also offer solutions/ products for the environment (considering energy efficiency, for example). Customers, suppliers and contractors: We partner with our customers, suppliers and contractors to ensure compliance, promote safety, reduce our collective environmental footprint and develop sustainable solutions/services.

Human rights: Respecting human rights: We respect human rights these generally follow the principles that businesses should respect and support identified human rights and should not participate in human rights abuses. At taycan these important principles are integrated into our value system and govern the way we conduct ourselves every day and we ensure compliance on human rights, labor, environment, anti-corruption and corporate citizenship.​

Child labor: We do not employ child labor. We define a child as anyone under the age of 16. If local law is more restrictive than our policy, we will comply with local law. However, even where local law permits us to employ people younger than 16, we will not.

Forced labor: We prohibit the use of any indentured or forced labor, slavery or servitude.

Respecting diversity and fair employment practices: We are committed to respecting a culturally diverse workforce through practices that provide equal access and fair treatment to all employees on the basis of merit. We do not tolerate harassment or discrimination in the workplace.

Ethics and Financial Integrity

Obeying the law: We respect and obey the laws, rules and regulations applying to our businesses around the world.

Competing ethically: We gain competitive advantage through superior performance. We do not engage in unethical or illegal trade practices.

Avoiding conflicts of interest: We avoid relationships or conduct that might compromise judgment or create actual or apparent conflicts between our personal interests and our loyalty to taycan. We do not use our position with taycan to obtain improper benefits for others or ourselves. We do not engage in activities or enter into relationships that compete with taycan.

Acting with integrity: We do not offer or accept bribes, kickbacks or inappropriate gifts or entertainment. We engage in business practices that are consistent with our ethics and values. Integrity of recording and reporting our financial results: We properly maintain accurate and complete financial and other business records and communicate full, fair, accurate, timely and understandable financial results.

Protecting assets and information: We use Taycan property, information and opportunities for Taycan’s business purposes and not for unauthorized use. We properly maintain the confidentiality of information and employee data entrusted to us by Taycan or others.