Environmental, Social, Governance

• Labor law: We regulate and ensure compliance with local labor law requirements at all LAP locations. We use standardized employee manuals to do this that are customized to the respective local requirements.
   
• Occupational health and safety system: We have established a comprehensive management system for occupational health and safety. Workplaces are fitted out according to ergonomic criteria and the individual requirements of the employees.
   
• Company physician: A company physician is available to employees at both sites in Germany as a confidential contact for occupational health issues.
   
• Employee benefits: LAP offers its employees different benefits depending on local factors. Monetary benefits include fair and performance-related pay packages, a company pension plan and an employee stock-ownership program. Structured onboarding plans give new hires a solid start to their jobs. Our feedback system for annual employee reviews ensures transparency and open dialog. LAP also offers language courses, an annual budget for individual professional development, and fitness programs. Employees can choose to work on site, from home, or under a hybrid model as far as is compatible with the respective roles. 
   
• Health policy: We see it as our duty to protect and maintain the health of our employees. We are aware that lasting economic success can only be achieved with healthy employees. This attitude determines a large part of our tasks and is exemplified by management, ensuring reliable implementation across all subareas of LAP.
   
• Labor law training program: All LAP managers receive regular training and refreshers on labor law requirements. This ensures compliance with labor law.
   
• Digital leadership program: The COVID-19 pandemic and the increase in employees working from home has resulted in new challenges for HR management. LAP has met this responsibility with their specially developed leadership program. Demand for this is reviewed annually.
   
• Local sponsorship: We sponsor local sports teams, including kids and youth sports, and are the main sponsor of the MTV Lüneburg basketball team.

• Code of Conduct: The LAP Code of Conduct forms our globally binding principles for legally compliant and ethical behavior in our daily dealings with employees, customers, suppliers, society, and the environment. The Code of Conduct covers compliance with the law in general and includes provisions prohibiting corruption and bribery as well as principles on fair competition and antitrust law, respect for employees’ fundamental rights, their health and safety, as well as other relevant aspects. The Code of Conduct is regularly reviewed and adapted to new legal requirements. Our suppliers and distribution partners are also obligated to respect these principles and core values.
  
  See: Code of Conduct
   
• Compliance officer:  LAP has appointed an internal compliance officer to provide ongoing advice and support to management on all ESG compliance issues.
   
• Confidentiality: It is essential that LAP safeguard its trade secrets. Our employees are obligated in writing to confidentiality. There is also a protocol to protect both LAP’s and our business partners’ trade secrets.
   
• Privacy: LAP is committed to complying with the legal requirements for privacy. The principles of privacy are set out in the LAP Privacy Policy. A data protection officer advises and supports the company management on an ongoing basis in all matters relevant to privacy. Our data protection officer can be reached at datenschutz@lap-laser.com or our postal address specifically addressed to “the data protection officer.”
  
  See: Privacy
   
• Business continuity management: LAP applies comprehensive business continuity management (BCM). Our BCM pursues the goal of ensuring the continued existence and maintenance of business operations, taking into account risks of substantial harm. The BCM provides for regular review of the BCM program, including risk assessment using a risk matrix and risk analysis by LAP management.
   
• ESG compliance training: Regular trainings on anti-corruption, anti-bribery and antitrust laws and regulations raise awareness among our employees and gives them clear instructions on how to avoid unauthorized practices. We also provide ongoing training on handling personal data.
   
• ESG compliance audits: All LAP companies undergo regular compliance audits. This means any misconduct can be detected and corrected at an early stage. We also derive learning from these audits and improve processes to prevent recurrences.
   
• Whistleblowing: We are committed to upholding the law and internal regulations. The purpose of a whistleblower system is to gain knowledge of any compliance violations as early as possible, and to clarify and remedy them. Internal and external whistleblowers can report suspected violations of rules and laws at any time. We will follow up on each and every tip-off and take appropriate action if necessary. In doing so, we protect the legitimate interests of whistleblowers. Each whistleblower receives speedy feedback on their input.

  Whistleblowers are offered various channels to report potential misconduct.​

  LAP compliance officer can be reached​

• By email: compliance@lap-laser.com
• Phone: +49 4131 95 11 369​
• Post: Zeppelinstr. 23, 21337 Lüneburg, Germany​

Whistleblowers who prefer not to involve LAP compliance officer may raise ​their reports to an external ombudsperson who is independent of LAP and bound to professional secrecy:​

Attorney at Law Dr. Philipp Engelhoven​
Kanzlei Esche Schümann Commichau​

• By email: hinweisgeber.lap@esche.de
• Phone: +49 40 36805-119​
• Post: Am Sandtorkai 44, 20457 Hamburg​, Germany

In addition or as an alternative, whistleblowers may also contact the governmental whistleblower channels. In Germany a report can be submitted to the federal Office of Justice. Further information on external reporting procedures can be found here: BfJ - Hinweisgeberstelle (bundesjustizamt.de)