Philips 2013 Annual Report Download - page 217

13 Sustainability statements 13.5 - 13.5
Annual Report 2013 217
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disclosure description cross-reference
G4-43 The measures taken to develop and
enhance the highest governance body’s
collective knowledge
chapter 9, Supervisory Board report
section 10.1, Board of Management
section 10.2, Supervisory Board
G4-44 Processes for evaluating the highest
governance body’s own performance
section 6.1, Our approach to risk management and business
control
chapter 9, Supervisory Board report
section 10.1, Board of Management
section 10.2, Supervisory Board
chapter 13, Sustainability statements
G4-45 Procedures of the highest governance body
for overseeing the organization’s
identification and management of
performance, including relevant risks and
opportunities, and adherence or
compliance with internationally agreed
standards, codes of conduct and principles
section 6.1, Our approach to risk management and business
control
chapter 9, Supervisory Board report
chapter 10, Corporate governance
section 10.1, Board of Management
section 10.2, Supervisory Board
G4-46 The highest governance body’s role in
reviewing the eectiveness of the
organization’s risk management processes
for economic, environmental and social
topics
section 6.1, Our approach to risk management and business
control
section 9.3, Report of the Audit Committee
section 10.1, Board of Management
chapter 13, Sustainability statements
G4-47 The frequency of the highest governance
body’s review of economic, environmental
and social impacts, risks, and opportunities
section 6.1, Our approach to risk management and business
control
section 9.3, Report of the Audit Committee
section 10.1, Board of Management
chapter 13, Sustainability statements
G4-48 The highest committee or position that
formally reviews and approves the
organization’s sustainability report and
ensures that all material Aspects are
covered
section 10.2, Supervisory Board
chapter 13, Sustainability statements
G4-49 The process for communicating critical
concerns to the highest governance body
sub-section 4.2.7, General Business Principles
section 6.1, Our approach to risk management and business
control
G4-50 The nature and total number of critical
concerns that were communicated to the
highest governance body and the
mechanism(s) used to address and resolve
them
sub-section 13.2.1, General Business Principles
G4-51 Linkage between compensation for
members of the highest governance body,
senior managers, and executives, and the
organization’s performance
section 9.2, Report of the Remuneration Committee
G4-52 The process for determining remuneration;
Whether remuneration consultants are
involved
section 9.2, Report of the Remuneration Committee
section 10.1, Board of Management
section 10.2, Supervisory Board
G4-53 Mechanisms for shareholders and
employees to provide recommendations or
direction to the highest governance body
section 10.3, General Meeting of Shareholders
section 10.4, Logistics of the General Meeting of
Shareholders and provision of information
section 10.5, Investor Relations
G4-54 The ratio of the annual total compensation
for the organization’s highest-paid
individual in each country of significant
operations to the median annual total
compensation for all employees (excluding
the highest-paid individual) in the same
country
Philips does not consider this indicator relevant, Philips
makes an impact on local communities by the salaries it
pays its employees. Salaries are based on industry norms as
described in www.philips.com/gbp
(GBP - 4.4 Wages and payment)
G4-55 The ratio of percentage increase in annual
total compensation for the organization’s
highest-paid individual in each country of
significant operations to the median
percentage increase in annual total
compensation for all employees (excluding
the highest-paid individual) in the same
country
Philips does not consider this indicator relevant, Philips
makes an impact on local communities by the salaries it
pays its employees. Salaries are based on industry norms as
described in www.philips.com/gbp
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disclosure description cross-reference
Ethics and integrity