GRI 102-29 Board level procedures for overseeing sustainability performance
The Sustainability strategy is examined and approved by the Board of Directors and the Group Executive Board. Results and the achievement of objectives are submitted to the Board of Directors and to the Group Executive Board for verification at least once annually. This also comprises the Communication on Progress UN Global Compact and the Geberit Compliance Report, including the audit results with respect to the Code of Conduct. Key figures on energy and CO2 are presented monthly and key figures on occupational safety quarterly to the Group Executive Board, and on a regular basis to the Board of Directors.
In 2020, Geberit consulted an external Stakeholder Panel for the fifth time. Its mandate consisted of providing feedback on the materiality analysis, sustainability performance, sustainability strategy and sustainability communication as well as on relevant opportunities and risks associated with climate change. This input is used for the strategic review and continued development of the company. The next stakeholder panel is planned for 2022.