Commitment to the Concept of the "Honorable Merchant"
We voluntarily commit ourselves to the code of the "Ehrbarer Kaufmann" (Honorable Merchant), who observes generally recognized ethical principles and the principle of good faith in business transactions. This includes refraining from actions that are incompatible with the claim to commercial trust. In doing so, we also commit to recognizing the standards of the UN Global Compact.
Initiated by the IHK Nuremberg for Central Franconia (Chamber of Commerce and Industry), this project provides a framework for ethical behavior based on nine core principles:
- The Honorable Merchant as a Person:
Commitment to value compliance
The honorable merchant has a tolerant and liberal attitude.
The honorable merchant keeps his/her ward with the handshake as a binding act.
The honorable merchant develops commercial judgment capabilities.
- The Honorable Merchant in His/Her Company:
Creating the conditions for honorable behavior
The honorable merchant acts as a role model through all actions.
The honorable merchant promotes honorable behavior in his business.
The honorable merchant aims at long-term and sustainable business objectives.
- The Honorable Merchant in Society and the Economy:
Comprehending and creating the framework for honorable behavior
The honorable merchant heeds the principle of equity and good faith.
The honorable merchant recognizes & takes responsibility for the economic and social order.
The honorable merchant always advocates his values both in domestic and foreign trade.
