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

Independent auditors

As part of their auditing activity, the auditors inform regularly about their findings and about suggestions for improvement. The Audit Committee evaluates the performance of the auditors and their remuneration in line with market conditions. The Audit Committee approves the audit focus area, provides recommendations to the auditors and makes suggestions for improvement. 

Bing Eny Surya, Deloitte touche were just appointed since 26 May 2017. The auditors are elected for a one-year term by the annual general meeting.

Code of conduct

Audit Committee Charter

English

Internal Audit Charter

English

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 company. All Directors may request information from the CEO through the Chairman of the Board of Directors. At meetings of the Board, any attending member of the Board of Directors has a duty to provide information. All members of the Board of Directors have a right to inspect books and files to the extent necessary for the performance of their tasks.

1. Financial reporting 
2. Business Risk Management 
3. Internal Audit