Annual Report 2023

Annual Report 2023

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GRI 2-19 Remuneration policies for the governance bodies

Geberit publishes a detailed annual Remuneration Report, which discloses the precise points of its remuneration policy. Geberit’s remuneration policy states that remuneration programmes must be balanced between the reward of short-term success and long-term value creation. For information about the remuneration of the management bodies, see Business Report > Remuneration Report.

Since 2022, the achievement of objectives regarding the reduction of the relative CO2 emissions (CO2 intensity) has been integrated as an additional, equal fifth criterion in the bonus matrix for members of Group management as well as employees in Switzerland. This means the annual objectives for emissions are now relevant to bonuses for some 220 managers and a total of around 1,500 employees.