About us
Corporate governance
Holcim has high standards of corporate governance, ensuring responsible and transparent company leadership and management that are geared to long-term success.
Corporate governance puts the focus not only on business risks and the company's reputation, but also on corporate social responsibility towards all our stakeholders. As a responsible business, we recognize the significance of effective corporate governance. We show respect for society and the environment, communicate in an open and transparent manner, and act in accordance with legal, corporate and ethical guidelines. To underline this, a Code of Conduct binding for the entire Group has been added to the mission statement.
Organization and management
For information regarding our organization, please refer to:
Organization and management
Independent auditors
As part of their auditing activity, the statutory and Group auditors inform the Audit Committee and the Executive Committee regularly about their findings and about proposals for improvement. The Audit Committee assesses the external auditors and monitors the results of the audit. In 2012, the auditors participated in three regular meetings of the Audit Committee to discuss individual agenda items.
Ernst & Young Ltd, Zurich, were appointed in 2002 as auditors to Holcim Ltd. Since 2011, Willy Hofstetter is responsible for managing the audit mandate, until October 2012 supported by Michael Brenner and as of November 2012 by Elisa Alfieri. The rotation of the lead auditor will be carried out in accordance with Art. 730a of the Swiss Code of Obligations. The auditors are elected for a one-year term by the annual general meeting.
Articles of incorporation
Code of conduct
Organizational Rules
Nomination & Compensation Committee Charter
Governance & Strategy Committee Charter
Audit Committee Charter
Information and control instruments of the Board of Directors
The Board of Directors determines in which manner it is to be informed about the course of business. Any member of the Board of Directors may demand information on all issues relating to the Group and the company. At meetings of the Board of Directors, all Board members have a duty to provide information, as do any members of the Executive Committee in attendance. Outside of meetings, any member of the Board of Directors may request information from the CEO through the Chairman of the Board of Directors. In addition, any member of the Board of Directors has a right to inspect the books and files where necessary for the performance of his task.
1. Financial reporting
2. Business Risk Management
3. Internal Audit
