for ourselves, our actions, and our behavior. This applies as much to our board of directors as our around 37,500 employees across the globe.
We firmly believe that we, as a company, strengthen the trust of our shareholders, stakeholders, and business partners by adhering to and monitoring our ethical and moral principles (code of practice), legal standards, and compliance guidelines. To this end, T-Systems follows comprehensive principles contributing to good corporate governance. Transparency, accounting guidelines, compliance, and ethical standards are also included in this. These principles correspond with the relevant legal frameworks and fulfill the requirements of our parent company, Deutsche Telekom AG, and the public. For us, corporate governance means publishing transparent financial reports, controlling our subsidiaries effectively, implementing guidelines and rules in full, pursuing sustainable business development, adhering to ethical guidelines, and supporting integrity and engagement.
These principles of corporate governance allow us to:
At T-Systems, good corporate governance is based on the corporate governance rules defined by Deutsche Telekom; the code of conduct; the Group mission statement; the environmental goals of the different business units; and the balancing of finances, the environment, and social matters. In addition, we take on ethical responsibility, such as through sport and cultural sponsorship, corporate engagement, and educational support through the Deutsche Telekom Foundation.
For us, corporate governance doesn't stop with our company. We take care to ensure that our suppliers and partners also conform to all legal and ethical guidelines, as well as upholding the same high standards within their business that we do in ours.
T-Systems has internationally adopted behavioral guidelines and ethical standards for the company and its employees through its own code of practice, the code of conduct, and the social charter. We expect that our suppliers, investors, and business partners follow similar codes of conduct and commit to upholding the social charter.
Our collective goal is to create value for people through innovative, reliable products and services. Our Group mission statement encourages excellent performance and integrity. Where necessary, we sanction poor behavior consequentially and decisively. In this way, we aim to succeed in the market and recognize our responsibility.
With a global infrastructure made up of data centers and networks, T-Systems handles the information and communication technology (ICT) for multinational corporations and public institutions.
T-Systems can help you to implement and maintain corporate governance rules and guidelines with ease. It's evident that IT governance is included in this. We understand that trust in your business partners is very important, especially when outsourcing ICT services. After all, corporate governance rules, such as the US Sarbanes-Oxley Act, require specific business processes and control procedures that the respective company must adhere to and provide evidence of, and this evidence chain also extends to ICT providers and their suppliers.