Sitemap Business Report Business year at a glance Editorial Geberit share information Management structure Business and financial review Strategy and goals Strategy Strategic success factors Medium-term goals Value-oriented management Risk management Financial Year 2023 Market environment Net sales Results Financial structure Investments Employees Customers Innovation Procurement Production Logistics Sustainability Social responsibility Information Technology (IT) Compliance Changes in Group structure Outlook 2024 Corporate Governance 0. Introduction 1. Group structure and shareholders 2. Capital structure 3. Board of Directors 4. Group Executive Board 5. Compensations, shareholdings and loans 6. Participatory rights of shareholders 7. Changes of control and defence measures 8. Auditors 9. Information policy 10. Blackout periods Remuneration Report 1. Introduction 2. Foreword by the Chair of the Nomination & Compensation Committee 3. Remuneration at a glance 4. Determination of remuneration 5. Remuneration architecture 6. Board of Directors: remuneration and share ownership in 2023 7. Group Executive Board: remuneration and share/option ownership in 2023 8. Summary of share and option plans 2023 9. Summary of shares and options held by management and employees as of 31 December 2023 10. Functions held by members of the Board of Directors and by members of the Group Executive Board in other companies 11. Report of the statutory auditor Financials Financial year at a glance 10-year key figures Consolidated Financial Statements Geberit Group Balance Sheet Income Statement Statement of Comprehensive Income and Changes in Equity Statement of Cashflows Notes to the Consolidated Financial Statements 1 Basic information 2 Changes in Group structure 3 Summary of significant accounting policies 4 Risk assessment and management 5 Management of capital 6 Trade accounts receivable 7 Other current assets and current financial assets 8 Inventories 9 Property, plant and equipment 10 Other non-current assets and non-current financial assets 11 Goodwill and intangible assets 12 Short-term debt 13 Other current liabilities and provisions 14 Long-term debt 15 Financial instruments 16 Retirement benefit plans 17 Participation plans 18 Deferred tax assets and liabilities 19 Other non-current liabilities and provisions 20 Contingencies 21 Capital stock and treasury shares 22 Earnings per share 23 Other operating expenses, net 24 Financial result, net 25 Income tax expenses 26 Research and development cost 27 Free Cashflow 28 Segment reporting 29 Related party transactions 30 Foreign exchange rates 31 Subsequent events 32 Group companies as at 31 December 2023 Report of the statutory auditor Financial statements Geberit AG Balance sheet Income statement Notes to the financial statements 1. Standards 2. Other statutory disclosures 3. Profit distribution Report of the statutory auditor Sustainability Sustainability at a glance 10-year key figures environment Key figures sustainability Environment Employees and society Introduction sustainability report Business model and value chain Materiality analysis Process of determining material topics (GRI 3-1) List of material topics (GRI 3-2) Sustainability strategy Sustainability performance report Organisational profile GRI 2-1 Organisation GRI 2-2 Basis of consolidation GRI 2-3 Reporting period, cycle and contact point GRI 2-4 Restatements of information GRI 2-5 External assurance Activities GRI 2-6 Activities, value chain and business relationships GRI 2-7, GRI 2-8 Composition of the workforce and further employees Governance GRI 2-9 Governance structure GRI 2-10 Nomination and selection process of the Board of Directors GRI 2-11 Separation of Chair of Board of Directors and Executive Management GRI 2-12 Role of top management and Board of Directors in monitoring the impacts of Geberit’s business activities GRI 2-13 Delegation of authority on economic, environmental and social matters GRI 2-14 Review and approval of sustainability reporting GRI 2-15 Processes in place for the Board of Directors to avoid conflicts of interest GRI 2-16 Procedures for communicating critical concerns GRI 2-17 Enhancement of top management’s and Board of Directors’ related know-how on economic, environmental and social issues GRI 2-18 Processes for evaluation of the sustainability performance of the Board of Directors GRI 2-19 Remuneration policies for the governance bodies GRI 2-20 Processes for determining remuneration GRI 2-21 Ratio of annual remuneration paid Strategy, policies and practices GRI 2-22 Statement of the Chairman of the Board of Directors and the CEO on sustainability GRI 2-23 Values, standards and codes of conduct GRI 2-24 Implementation of standards and codes of conduct GRI 2-25 Handling negative effects GRI 2-26 Ethical advice and concerns GRI 2-27 Compliance with laws and regulations GRI 2-28 Membership of associations Stakeholder engagement GRI 2-29 Identification and selection of stakeholders, plus stakeholder engagement GRI 2-30 Collective bargaining agreements Employees Introduction Employment (GRI 401) Training and education (GRI 404) Diversity and equal opportunity (GRI 405) Non-discrimination (GRI 406) Freedom of association (GRI 407) Occupational health and safety (GRI 403) Society Anti-corruption (GRI 205) Anti-competitive behaviour (GRI 206) Child labour (GRI 408) Forced or compulsory labour (GRI 409) Social responsibility Environment Introduction Resources and circular economy (GRI 301) Energy (GRI 302) CO2 and other emissions (GRI 305) Water and waste water (GRI 303) Waste (GRI 306) Products and innovation Product management and innovation Product quality Product compliance Operations Procurement Production Logistics Customers Customer relations Customer health and safety (GRI 416) Marketing and product labelling (GRI 417) Digitalisation/BIM Data protection (GRI 418) Reporting Standards GRI Content Index Art. 964a ff. CO Content Index SASB Content Index SDG Reporting Communication on Progress UNGC TCFD Reporting Audit Report Greenhouse Gas Balance Highlights Competencies 150 years of Geberit Home-made bathroom furniture Length is everything Perforated plate seeks paste From 17 to 1 The mediator of know-how Markets New building creates familiarity A change for the better Back to the ISH A Geberit bathroom shines on Netflix Employees Now he’s learning Arabic A calling, not a profession Bringing family and management together Asking the questions From apprentice to manager Building bridges between IT and logistics A one-two with customers Sustainability Fifty years of spare parts availability Working together for better hygiene Products New in black matt Top flushing-out performance AquaClean in unusual locations Well connected Floating and puristic Sleek elegance Geberit FlowFit – a big hit in Europe An illuminating design variety Optimised flush valve References A GIS record in South Korea A fascinating interplay of light Luxury hotel with 76 shower toilets Where the music plays Vilnius aims high SuperTube in a renovation project In SuperTube city A reflective cube Set in stone
