Terex Ethics & Compliance Program
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. The reputation of Terex is one of our most critical assets, and every Terex team member is a guardian of it. By upholding the highest ethical standards in all our decisions and actions, we protect and enhance our reputation each and every day.
The Terex Code of Ethics & Conduct
Business Practices Advocates
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.
The Helpline
We believe the best way to resolve a concern or ask a question is to raise it. We provide multiple channels for anyone to voice their concerns or ask a question. For nearly two decades, the Terex Helpline has been a vital resource, offering a platform for anyone to ask a question or report a concern confidentially.
Protecting Human Rights In Our Business
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.
Data Protection
Cybersecurity
Stakeholder Engagement
Stakeholder engagement overview: 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.
Our Board of Directors
The Terex Board of Directors is committed to ethical conduct and good corporate governance. Our Board oversees the strategic direction of our Company, promotes the long-term interests of our shareholders, and drives management accountability.
The Board of Directors maintains oversight of 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 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.
There is More
To learn more about our sustainability strategy, please read our 2023 sustainability report.