Our corporate governance ensures integrity and long-term value
Our Code of Business Conduct ensures that all directors, officers and employees share LafargeHolcim's commitment to conducting business with integrity, and provides guidance on how to put this commitment into practice. It also helps to ensure that we are adhering to the laws and regulations in the countries in which we operate. Of equal importance to LafargeHolcim is how suppliers we work with conduct their business in the marketplace. We strive to ensure all suppliers behave in accordance with principles set forth in the LafargeHolcim Supplier Code of Conduct, particularly when it comes to human rights, labor related issues, the environment and anti-bribery and corruption. LafargeHolcim corporate governance policies seeks to ensure:
- transparent and sustainable value creation by clearly delineating responsibilities, management processes and organization
- continuous monitoring of the Board of Directors’ performance and efficiency
- appropriate decision-making relating to policy principles and controls.
We apply high standards to corporate governance, with the goal of ensuring the company’s long-term value and success for all stakeholder groups: customers, shareholders, employees, creditors, suppliers and the communities in which we operate. Management Compensation The committee decides on the compensation paid to management and directors according to market developments. It systematically informs shareholders of the criteria used to set corporate officers’ compensation.