Annual Report 2023

Annual Report 2023


Introduction sustainability report (Report on non-financial matters)

The sustainability report constitutes the report on non-financial matters, pursuant to Art. 964a ff. of the Swiss Code of Obligations (CO). The sustainability report of Geberit AG is published as part of the online Annual Report on a shared platform. The company’s systematic and transparent communication on the subject of sustainability is addressed to a range of target groups, including customers, partner companies, investors, the general public and company employees.

Since 2006, a sustainability performance report has been presented annually in accordance with the guidelines of the Global Reporting Initiative (GRI). In recent decades, GRI was the leading, international standard for sustainability reporting. As part of the reporting in compliance with GRI (first in accordance with the GRI G3 and G4 guidelines, then in compliance with the GRI Standards), Geberit endeavoured to provide comprehensive reporting on all material topics and deployed the “comprehensive” option until the revision of the standard. This approach is also followed in the present report.

The sustainability report now also meets the requirements regarding non-financial reporting in the revised Swiss Code of Obligations. The necessary reporting on climate, social and employee matters, adherence to human rights and fighting corruption has been integrated into existing reporting, which has been developed according to the GRI Standards over the course of many years. Information on risks, concepts (including the due diligence review), measures and performance indicators were, where necessary, supplemented and are integrated in existing management approaches in accordance with the GRI Standards in the material topics (matters), see also Content Index on non-financial reporting according to the Swiss Code of Obligations (Art. 964a ff. CO). Necessary information on the business model and the value chain has also been summarised in a separate chapter.

The Geberit sustainability report (report on non-financial matters) comprises not only the Sustainability Performance Report compiled in compliance with the GRI Standards, but also further information at different levels: