Terex is committed to creating and maintaining an ethical business culture, grounded in our Terex Way Values and in particular our foundational value of Integrity. This commitment is a core part of our identity. We strive to ensure that our actions are lawful, ethical, and align with our values. We will always stand firm in our policies for ethical business practices, compliance with regulations, and responsible business practices, especially as we continue to grow our business organically, inorganically, and sustainably.
Our leading Business Practices Advocates (BPA) program drives responsible business practices at the local level. Our BPAs are advocates and resources for their colleagues, work directly with local leadership to identify opportunities to deepen the culture of compliance, and serve as key liaisons between their local site and the Terex Ethics & Compliance team.
We provide multiple channels for anyone to voice concerns or ask questions, one of which is the Terex Helpline, a platform for anyone to ask a question or report a concern confidentially. We investigate every report we receive.
Consistent with our Terex Way Values, we care about, respect, and support the fundamental human rights and freedoms of all, and we believe that human rights are the basis of an equal, fair, and sustainable society. Protecting human rights is the responsibility of all team members. Our Company has zero tolerance for any form of slavery, servitude, human trafficking, or child or forced labor within our business.
Terex does not manufacture or sell any equipment or services in Russia, directly or indirectly.
Stakeholders provide valuable feedback on areas in which we can improve. We engage with stakeholders in a variety of manners, including through an annual engagement survey, our earnings call, our annual meeting of stockholders, internal events such as town halls and webinars, investment and industry conferences, and more. For more information on our engagement with stakeholders, see the 2024 Sustainability Report.
The Terex Board of Directors, the highest governance body for Terex Corporation, is committed to ethical conduct and good corporate governance. Our Board oversees the strategic direction of our Company and the sustainability program and its goals. The Board delegates to the President and Chief Executive Officer and the Executive Leadership Team the responsibility for managing the Company’s sustainability impacts on shareholders and other stakeholders, such as team members, customers, and the communities in which Terex operates. The Board has three committees that oversee various aspects of the sustainability program.
To learn more about sustainability at Terex, please read our 2024 Sustainability Report.
