Managing corporate responsibility

PwC

The standards for responsible corporate governance are set in the Corporate Center and in Global Business Services. These include, first and foremost, the company’s strategic direction, systematic dialogue with stakeholderIndividuals or groups of individuals affected by a company’s business operations. groups, Group policies that are central to corporate responsibility, such as the Code of Conduct, but also cross-divisional functions such as complianceThe adherence to laws and regulations, standards, company policies and self-commitments. and supplier management. Standards are also set for remuneration in the Group, health management and occupational safety.

The divisions are responsible for aligning customer requirements with the strategic and ethical principles of corporate responsibility and for anchoring the Code of Conduct for Suppliers in their contractual relationships.

With clear governance structures, management systems, KPIs and targets along with regular reporting we manage the issues and create a high degree of transparency. At the working level (RBP Working Group, Diversity Council, Occupational Health & Safety Committee) issues are identified and decision papers prepared for submission to their respective parent committees (RBP Council, HR Board, Operations Board).

Committees for corporate responsibility

PwC
Committees for corporate responsibility

The Sustainable Advisory Council (SAC) is charged with reviewing our sustainability agenda from an external point of view, providing us with the perspectives and expertise of external experts. The SAC consists of independent experts and progressive thinkers from different disciplines (science, economics, the humanitarian community, environment, logistics, politics, the media, and ethics). The Integrity Board was merged with the SAC in the reporting year as a way to bundle expertise and increase efficiency.

Key internal bodies and working groups
Responsible corporate governance  
Responsible Business Practice (RBP) Council  
  • Cross-divisional and cross-functional decision-making body
  • Makes its decisions based on information received from the RBP Working Group
  • The RBP Working Group fosters cross-divisional dialogue between the central functions and the divisions on the different issues of responsible corporate governance and prepares decision documents for the RBP Council.
Human resources 
HR Board  
  • Manages personnel issues throughout the Group
  • Members: heads of divisional HR departments and representatives of central HR functions; chaired by the Board Member for Human Resources
Diversity Council  
  • Discusses further development of diversity management in the divisions
  • Members: executives from the central functions and divisions; chaired by the Board Member for Human Resources
Occupational safety  
Operations Board  
  • Responsible for management and development of occupational safety KPIs
  • Members: executives from the divisions under the direction of the CEO
Occupational Health & Safety Committee  
  • Defines cross-divisional regulations and standards in occupational safety, identifies areas with high accident rates, develops appropriate prevention measures, and lays the groundwork for decisions of the Operations Board
Environmental protection  
GoGreen Sponsors Board  
  • Decides on environmental strategy implementation and the development of environmental products at the Group level
  • Members: executives from all divisions as well as representatives from the relevant corporate functions under the direction of the CEO
  • Environmental protection issues are also discussed regularly at Board of Management meetings.
  • In each division, and in the larger regions on the local, country and site levels, there are GoGreen Teams that report directly to the business development units.