Hexcel HexPly - Ensuring Ethical Integrity and Supply Chain Transparency

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Hexcel HexPly - Ensuring Ethical Integrity and Supply Chain Transparency

Ethics and Compliance Highlights

Hexcel is committed to upholding responsible governance and ethics in all its operations. The company has a robust ethics and compliance program overseen by its board of directors to ensure adherence to ethical business practices. The Hexcel Business Code of Conduct sets a stringent framework for compliance, with all officers, directors, and salaried employees required to certify compliance annually. Continuous improvement is a key focus, with company-wide ethics and compliance training conducted regularly, along with soliciting feedback to ensure a culture of compliance.

Protection of Human Rights

Hexcel takes a strong stance against human rights violations such as modern slavery, forced labor, and child labor. The company does not engage in business with entities that partake in such practices and expects the same level of commitment from its partners and suppliers across the global supply chain. With a significant presence in countries like the United States, France, United Kingdom, Spain, Germany, and Austria, Hexcel reiterates its commitment to human rights through strong cultural values and robust enforcement measures.

Supply Chain Integrity

Upholding the highest ethical standards, Hexcel emphasizes the importance of human rights and fair labor practices within its organization and supply chain. The company mandates that all critical direct suppliers commit to complying with applicable laws through its Supplier Code of Conduct. This code includes provisions related to equal opportunity, non-discrimination, and the prohibition of forced labor, human trafficking, and slavery. Hexcel continuously reviews and enhances its Supplier Code of Conduct to include aspects like sustainability and cybersecurity requirements.

Supply Chain Transparency

Hexcel strives to collaborate with suppliers who share its values, incorporating sustainability criteria into audits and supplier risk assessments. The company actively engages key global suppliers by distributing sustainability questionnaires each year, ensuring alignment with its ethical and sustainability standards. By fostering transparency in the supply chain, Hexcel aims to build stronger partnerships based on shared values and commitments to ethical business practices.

Cybersecurity Measures

With a strong commitment to safeguarding its products, services, and data, Hexcel prioritizes cybersecurity measures. The company leverages advanced encryption configurations and cybertechnologies to protect employee, customer, and internal data. Continuous monitoring and auditing of information technology assets help Hexcel to detect and respond effectively to potential threats. Senior leadership is actively involved in cybersecurity practices, supported by a formalized response team that conducts regular cyberattack simulations. The board provides oversight on cybersecurity practices, with direct reporting from the Chief Information Officer.

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