As a result of the steady international growth of Freixenet Copestick, Henkell Freixenet and the increasing legal requirements, compliance has grown in its importance.
Compliance Representatives are available as neutral and independent contact persons in case of compliance issues.
If indications of (potential) law violations in relation to Freixenet Copestick or Henkell Freixenet arise, you have the possibility to directly address the Compliance Representatives of our company via e-mail. The inquiry will be assessed and, if necessary, respective measures will be taken.
Contact via E-mail email@example.com
Oetker-Group UK Tax Strategy
the Oetker-Group (Dr. August Oetker KG and its affiliates) is a German business group oriented towards sustainability and compliance. The good reputation of the company, brands and products are one of the most appreciated goods among customers, business partners and the public. The Oetker-Group's reputation is determined to a large extent by its professional behavior in business life. Minor violations of rights can damage the group’s good reputation and can also cause a major financial loss.
This page sets out the strategic tax objectives for the Oetker-Group. This strategy applies to all UK entities and from the date of publication until it is superseded. It sets out the group's general tax arrangements as well as the policy and approach to tax risk management, attitude to tax planning and working with HMRC.
It is essential that the Oetker-Group is compliant with laws and regulations, notably regarding tax laws. The Group Companies (in the following „the companies“) of the Oetker-Group fulfill their duties at any time.Violations of laws and regulations do not only harm the group’s reputation, they could also have legal consequences for the business group and its management. For this reason, the Oetker-Group established a code for professional behavior in business life, the “Code of Conduct”, of 10 February 2011.
Addtionally the Tax Guideline of 1 November 2017 shall substantiate the above-mentioned Code of Conduct for fiscal purposes and helps to differentiate the areas of responsibility of the Group's respective management. The Tax Guideline is enacted by group management's decsion and has to be proclaimed and implemented through the companies' respective management in each business area.
The Code of Conduct and the Tax Guideline set out what is expected of everyone at the Oetker-Group and the UK tax strategy aligns with this.
3 Tax Planning
The tax planning supports our business and reflects commercial and economic activity. There are no artificial tax arrangements. Aggressive tax planning is not proactively considered and external advice is sought where appropriate. The Oetker-Group encourages ethical and transparent business practices and does not employ legal entities for purposes of tax avoidance.
Sometimes governments implement tax incentives or exemptions in order to support investment, employment and economic development. The Oetker-Group seeks to apply them in the manner intended where they exist and reflect commercial and economic activity.
Transactions between the companies are on an arm’s-length basis and in accordance with the OECD principles. This approach is consistent taking in all countries that the Oetker-Group operates in and ensuring appropriate remuneration where the value is created.
4 Tax Risk Management
The respective management is solely responsible for the tax issues of the companies and fulfillment of their tax obligations. They can delegate their responsibility to qualified employees who are responsible for tax matters. Notwithstanding the delegation, the responsibility remains with the management.
In order to perform their duties, to ensure fulfillment and to limit tax risks, companies have to implement organizational structures according to the requirements of their respective national legislation (internal control system). The management has to monitor tax compliance through appropriate organizational provisions. Each company is responsible to identifying, evaluating and analyzing their tax risks, notably for inherent tax risks of operational business processes.
5 Relationship with goverments
In this context, it is essential to cooperate fully and transparently with the relevant fiscal authority. It is the Oetker-Groups general policy to be transparent and proactive in all interactions with the HMRC.
In regard to the latter, the Oetker-Group has a pioneer role in Germany. For many years the Group has been part of a pilot project in collaboration with the German Fiscal Authority which guarantees a prompt audit. This continuous cooperation with the fiscal authorities ensures full transparency as required.
Dr. August Oetker KG | Lutterstrasse 14 | 33617 Bielefeld | Germany | www.oetker-group.com | Phone +49 (0) 521 155-0 Reg. Office: Bielefeld | Commercial Register: Local Court Bielefeld HRA 8242 Tax No. 305/5859/0015 | VAT Reg. No. DE123999982 Bank: Bankhaus Lampe KG, Bielefeld | IBAN: DE40 4802 0151 0000 0911 03 | SWIFT-BIC: LAMPDEDDXXX
The topic of Compliance has considerably gained in importance as a result of the steady international growth our company and the increasing legal requirements. Consequently, a Compliance Management System was developed for the entire Oetker-Group.
Within the framework of this system, a Compliance Organization was established whose Compliance Representatives are available as neutral and independent contact persons for any questions in relation to the topic of Compliance.
If there is any indication of a (potential) violation of the law in relation to Henkell Freixenet, you have the possibility to send us – completely anonymously – a message via our Compliance Hotline System.
Compliance Hotline of Oetker-Group – Anonymous message submission
Alternatively you have the possibility to send an e-mail to the Compliance Organization of our Company / the Oetker-Group:
E-mail contact at the Oetker-Group:
We will carefully investigate the reported matter and, if necessary, take appropriate action.
Freixenet Copestick Limited
Modern Slavery and Human Trafficking Act 2015 Statement
In accordance with the Modern Slavery Act 2015, this statement sets out the steps that Freixenet Copestick Ltd is taking to understand and address potential Modern Slavery risks related to its business and put in place steps that are aimed at ensuring there is no Slavery or Human Trafficking in its own business or supply chains.
The company is committed to preventing Slavery and Human Trafficking in its corporate activities, and to ensuring that its supply chains are free from Slavery and Human Trafficking.
Formed in 2019 following the merger of Freixenet UK and Copestick Murray Ltd. Freixenet Copestick is a wholly owned subsidiary of Henkell – Freixenet a member of the Oetker Group.
The company’s core business is the import and sale of still and sparkling wines. Our products are supplied by Group and non-Group companies based in the major wine producing regions of the world.
Due Diligence and Supply Chain
Subsidiaries of the Henkell – Freixenet Group are subjected to an annual Oetker compliance audit which includes ethical standards. Managing directors of each subsidiary have overall responsibility for compliance and are actively involved in the compliance audit.
Prior to supply third party suppliers are risk assessed and audited to ensure suitability of supply to the Henkell Freixenet Group. The company audit includes staff welfare and ethical standards of the supplier.
We establish a relationship of trust and integrity with all our suppliers, which are built upon mutually beneficial factors. Our supplier selection and on-boarding procedure includes due diligence of the supplier's reputation, respect for the law, and compliance with health, safety and environmental standards.
[We haven't been made aware of any allegations of human trafficking/slavery activities against any of our suppliers, but if we were, then we would act immediately against the supplier and report it to the relevant authorities.
Key staff with direct responsibility for compliance has undertaken external training to better understand the risks of modern slavery and how to identify them. Staff training is reviewed annually and training will be provided where relevant.
Modern slavery is a crime and violation of fundamental human rights. It takes various forms, such as slavery servitude, forced and compulsory labour and human trafficking, all of which have in common the depravation of a person’s liberty by another in order to exploit them for personal or commercial gain.
We have a zero-tolerance approach to both modern slavery and human trafficking. All employees must be eligible to work in the relevant country, and employment must be freely chosen with no original identification documents retained by employers. There must be no one employed who is under the national minimum working age. All employees must be provided with good working conditions, fair treatment and reasonable rates of pay (which are in no way less than the legal minimum.)
The company recognises that the agricultural sector may be one of the risk areas for Modern Slavery. We operate a number of internal policies to ensure we are conducting business in an ethical and transparent manner. These policies include;
Freixenet Copestick Ltd employs an HR consultant to ensure all employees of the company are employed under fair terms and conditions, and that all statutory requirements and company policies are adhered too.
All recruitment to the company is overseen by a professional HR officer to ensure all recruitment is carried out with integrity.
The company recognises that raising awareness and the issues around Modern Slavery and Human Trafficking is required to ensure staff and suppliers are aware of their responsibilities. The subject of Modern Slavery and Human Trafficking will be added to the company induction for new starters from 2019.
The Company recognises that exposure to the risk of Modern Slavery could be present within its 3rd party supply chain, primarily around the use of temporary labour. As part of our supplier approval process, suppliers are risk assessed to determine the appropriate depth and frequency of audit required. From 2019 these audits include an assessment of the use of temporary labour, compliance with relevant employment legislation and the observance of appropriate company policies”.
This statement covers the financial year 1st January 2019 to 31st December 2019.
|24th May 2019|