DOCSLIB.ORG

2015 Remuneration Fact Sheet

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
2015 Remuneration Fact Sheet ING’s Remuneration Policy What? When? ING needs to attract and retain excellent leaders so that it can deliver on its promise to its Changes to ING’s Executive Board 34 million clients in the more than 40 countries it is operating in. At the same time, ING has Remuneration are eective as of to balance the interests of all stakeholders. The Supervisory Board reconfirms its support of 1 Jan 2016. ING´s Executive Board Remuneration Policy aimed at further reducing the gap between the total direct compensation of ING’s Executive Board and the median of the EURO STOXX 50 peer group over time. Why? For 2016, the Supervisory Board decided to increase the total (at target) remuneration of Executive Board members by 2%. Including these changes, ING will still pay its Executive To remain competitive, ING needs to attract Board well below the median for national and international companies in its peer group and retain the best leaders with international (the EURO STOXX 50). experience for its global activities. The Supervisory Board will continue to annually For more information see the remuneration page or the full Annual Report on www.ing.com. monitor developments and the applicable benchmark (EURO STOXX 50). Where? How does ING compare to other companies? ING is a European bank with a global presence. It has over 54,000 employees serving 34 million ING’s total remuneration for its CEO is far below the median (see graph). Also, its CFO and CRO customers across 40 countries. At least 70% of employees work outside of the Netherlands. are paid well below the median for the benchmark. More than 95% of its investor base is non-Dutch (with approximately 50% based in the UK and the US). Around 70% of its total income is earned outside of the Netherlands. 4,535 CEO CFO & 2,165 CRO +3,285 1,929 +1,465 1,396 1,630 1,891 1,663 1,180 1,369 1,204 1,250 +261 +266 700 +189 +193 EURO STOXX 50 ING current ING new EURO STOXX 50 ING current ING new (2015 median level at target) (at target) (at target) (2015 median level at target) (at target) (at target) Amount in thousands of euros Market leaders Benelux Fixed remuneration EURO STOXX 50 Fixed remuneration ING Challengers Total remuneration EURO STOXX 50 Total remuneration ING Growth markets For the median Wholesale Banking ING’s peer group consists of companies in the EURO STOXX 50. Based in the eurozone, they are made up of financial and Who are non-financial companies. ING’s peers? ING compared to EURO STOXX 50 Market Cap ING Group listed 24th Safran Siemens ING Group • • • Please note: Market Capitalisation measured as average over 2015, Source: Datastream 2015, Source: over asaverage measured Market Capitalisation hasbeen includedinthebase salarylevel. value award the corresponding isobserved, allowance" share a"fixed In case versa). (andvice hasbeen usedasaproxy data actual remuneration available, was data remuneration variable notarget In case Volkswagen Shell Shell AB Inbev Telefonica RELX Unilever Inditex Sanofi ING Group Unilever Daimler BMW Heineken Heineken Iberdrola SAP ASML wolters Kluwer Santander Deutsche Bank RELX Gemalto Siemens Unilever Unibail-Rodamco Arcelor Mittal L’Oreal LVMH Philips OCI AXA Allianz Altice Bayer Ahold Schneider Electric AkzoNobel Generali AkzoNobel BBVA Ahold Deutsche Post Randstad Nokia Policy ING’s Remuneration KPN E.ON ASML ENI Aegon Airbus Group Philips BASF ArcelorMittal Deutsche Telekom Unibal-Rodamco Air Liquids Randstad Munich Re ING variable ING fixed remuneration Variable remuneration Fixed Fixed remuneration Fixed KPN ING variable ING fixed remuneration Variable Fresenius ING compared toAEXindex ING compared NN Group Essilor DSM Carrefour DSM Total Aegon Danone Walters Kluwer Engie ING Group Vivendi Gemalto Saint Gobain Societe Generale Boskalis OCI ASML Philips Vopak Vopak Enel Unibail-Rodamco NN Group Boskalis Intesa Sanpaolo Market Cap Remuneration Remuneration l l BNP Paribas ING Group ING Group ING Group isted 49th isted isted 18th isted l TNT Express TNT Express 3rd isted Safran CEO CEO CEO CEO Unicredit Delta Lloyd Aalberts Industries Vinci ING Group Aalberts Industries Delta Lloyd Orange.
Load more

Recommended publications
  • 4607 Stores 11084 Millions Of
    4,607 stores millions of 11,084 euros in sales countries with 74 sales presence 92,301 employees nnual A Report 2009 Global Reporting 6 Initiative Indicators Letter from the 14 Chairman Inditex business 16 model 18 53 54 163 IP Inditex Performance IC Inditex Commitment Summary of 2009 Customers, shareholders 20 financial year 56 and society Milestones Corporate Social 26 for the year 66 Responsibility Commercial Human 28 concepts 124 Resources International Environmental 46 presence 136 dimension 4 Inditex Annual Report 2009 164 309 LD Legal Documentation Economic and financial 167 report Corporate governance 233 report Activities Report 296 Audit and Control Committee Activities Report Nomination 303 And Remuneration Committee Verification of the audit of 308 GRI indicators 5 lobal G Reporting Initiative Indicators With transparency as the fundamental principle in its relationship with society, Inditex has followed the Global Reporting Initiative indicators since it published its first Sustainability Report in 2002. Using this guide, Inditex attempts to provide detailed, organised access to the infor- mation on its activity to all its stakeholders. Within the general indicators, specific indicators for the textile and footwear sector have been included, identified in the following way: Specific indicator for the sector Specific indicator comment for the sector 6 Inditex Annual Report 2009 Pages 1. STRATEGY AND ANALYSIS 14-15 1.1 Statement from the most senior decision-maker about the relevance of sustainability to the organisation and its strategy. 267-273, 1.2 Description of key impacts, risks, and opportunities. 20-25 Apparel and Footwear Sector Specific Commentary: Where applicable, this should include an assessment of supply chain performance.
    [Show full text]
  • FTSE Publications
    2 FTSE Russell Publications 20 May 2021 FTSE Developed ex UK Indicative Index Weight Data as at Closing on 31 March 2021 Index weight Index weight Index weight Constituent Country Constituent Country Constituent Country (%) (%) (%) 1&1 Drillisch <0.005 GERMANY Alfa Laval 0.02 SWEDEN Arch Capital Gp 0.03 USA 3M Company 0.21 USA Alfresa Holdings 0.01 JAPAN Archer Daniels Midland 0.06 USA A P Moller - Maersk A 0.02 DENMARK Align Technology Inc 0.08 USA Argenx S.E 0.03 BELGIUM A P Moller - Maersk B 0.03 DENMARK Alimentation Couche-Tard B 0.05 CANADA Ariake Japan <0.005 JAPAN a2 Milk 0.01 NEW ZEALAND Alleghany 0.02 USA Arista Networks 0.03 USA A2A 0.01 ITALY Allegion PLC 0.02 USA Aristocrat Leisure 0.03 AUSTRALIA AAC Technologies Holdings 0.01 HONG KONG Allegro 0.01 POLAND Arkema 0.02 FRANCE Aalberts NV 0.01 NETHERLANDS Alliant Energy 0.03 USA Aroundtown SA 0.02 GERMANY ABB 0.1 SWITZERLAND Allianz SE 0.2 GERMANY Arrow Electronics 0.02 USA Abbott Laboratories 0.39 USA Allstate Corp 0.07 USA Arthur J Gallagher 0.05 USA AbbVie Inc 0.36 USA Ally Financial 0.03 USA As One <0.005 JAPAN ABC-Mart <0.005 JAPAN Alnylam Pharmaceuticals 0.03 USA Asahi Group Holdings 0.03 JAPAN Abiomed Inc 0.03 USA Alony Hetz Properties & Inv <0.005 ISRAEL Asahi Intecc 0.01 JAPAN ABN AMRO Bank NV 0.01 NETHERLANDS Alphabet Class A 1.17 USA Asahi Kasei Corporation 0.03 JAPAN Accenture Cl A 0.33 USA Alphabet Class C 1.14 USA Ascendas Real Estate Investment Trust 0.01 SINGAPORE Acciona S.A.
    [Show full text]
  • Annual Report 2014
    We want to help people and businesses prosper Annual 2014 report Santander in 2014 Santander’s purpose is to help people and businesses prosper. We want to be the best retail and commercial bank that earns the lasting loyalty of our people, customers, shareholders and communities. Ana Botín Group executive chairman Employees Customers Shareholders Communities 12 million students and teachers benefit from cooperation agreements 185,405 117 3.2 between universities and employees million customers million shareholders the Bank Gender International network Agreements with universities 45% 55% 12,951 €0.479 1,175 branches EPS in 2014 cooperation agreements in 21 countries Customer loans (net) Positioning Contribution to higher education 97% 734,711 #1 146 employees received million euros largest market capitalisation million euros for training in 2014 in the euro zone universities Recognitions Geographic diversification Contribution to attributable profit (%) REST OF EUROPE 6% UNITED KINGDOM UNITED STATES 19% 10% GERMANY 5% POLAND 6% BRAZIL MEXICO 19% 8% PORTUGAL 2% REST OF LATIN AMERICA 1% SPAIN 14% CHILE ARGENTINA 6% 4% Main countries Other countries where Banco Santander has commercial and retail banking businesses: Peru, Puerto Rico, Uruguay, Colombia, Norway, Sweden, Finland, Denmark, Holland, Belgium, Austria, Switzerland and Italy. Financial indicators Total on-balance sheet assets CET1 fully loaded 1,266,296 9.7% Million euros Group attributable profit Balance sheet and results (Million euros) 2014 2013 Million euros Customer loans
    [Show full text]
  • Euro Stoxx 50® Index
    MARKET-LINKED PRODUCTS UNDERLIER: EURO STOXX 50® INDEX Market-Linked Products, considered complex investments, are linked to the performance of an underlying asset, such as the EURO STOXX 50® Index (“Index”). Dividends paid on the underlier are not passed through to the Market- Linked Product. If held to maturity, any potential coupon payments or gains will be paid out based on the performance of the Index, as detailed in the offering documents. Additionally, your statement value will reflect any upward or downward movements in the volatility of the Index. ® EURO STOXX 50 Index – Historical Look at Gains & Losses The chart below illustrates the number of times the Index’s return, measured from the beginning to the end of different time periods within the past 20 years, landed within various return ranges. Total Rolling Total Total 0 to -6 to -11 to -16 to -21 to -26 to -31 to -36 to 0% to 11 to 21 to 31 to Periods Gains Losses -5% -10% -15% -20% -25% -30% -35% -40% < -40% 10% 20% 30% 40% > 40% 1-Yr 229 131 98 16 17 14 16 11 7 4 5 8 46 63 16 5 1 3-Yr 205 113 92 14 11 10 11 9 7 13 10 7 31 29 10 10 33 5-Yr 181 105 76 10 6 9 11 13 9 1 1 16 25 20 15 23 22 7-Yr 157 89 68 5 4 5 8 11 24 7 2 2 26 17 17 15 14 10-Yr 121 65 56 3 6 4 9 15 1 8 9 1 16 23 14 7 5 The chart below illustrates the percentage of times1 (based on total rolling periods) the Index’s return, measured from the beginning to the end of different time periods within the past 20 years, landed within various return ranges.
    [Show full text]
  • Análisis De Datos Financieros: Amadeus
    COLEGIO UNIVERSITARIO DE ESTUDIOS FINANCIEROS GRADO EN ADE BILINGÜE Trabajo de Fin de GRADO ANALÍSIS DE DATOS FINANCIEROS AMADEUS Autor: Cuesta García-Villamil, Álvaro Tutor: Gracia Díez, Mercedes Queralt Sánchez de las Matas, Ricardo Madrid, Abril 2020 INDEX 1. Abstract ........................................................................................................................ 3 2. Amadeus ...................................................................................................................... 3 2.1 General Company Description ................................................................................ 3 2.2 History and Geographic Location ........................................................................... 4 2.3 Business Structure ................................................................................................... 5 2.4 Share Capital ........................................................................................................... 7 2.5 Main Financial Events ............................................................................................ 7 3. Sector Analysis .......................................................................................................... 10 4. Financial Statements Analysis ................................................................................. 11 5. Statistical Descriptive Analysis ................................................................................ 15 5.1 Data Collection ....................................................................................................
    [Show full text]
  • Polen Capital, and Please Feel Free Importance on Education
    Polen International Growth Portfolio Manager Commentary – March 2020 Summary • During the first quarter of 2020, the Polen • We maintain a balance of growth and safety in International Growth Portfolio (the “Portfolio”) our Portfolio, and our investments in steady returned -16.08% gross of fees. The MSCI All businesses are intended to provide ballast to Country World ex-USA Index (the “Index”) Portfolio performance. This volatile first quarter returned -23.35%. The Portfolio outperformed the brought into focus the importance of an Index by a 7.27% margin. allocation to steady companies, and these attributes enabled the Portfolio’s outperformance • Our holdings in the communications services and during the period. consumer staples sectors contributed most to Portfolio returns in the first quarter while the • While we remain in an unprecedented situation, consumer discretionary and information we are confident that our time-tested investment technology sectors detracted. Relative approach has positioned us well to navigate these performance was helped by a lack of exposure to challenging times. financials and energy, which is a byproduct of our bottom-up fundamental investment approach. Seeks Growth & Capital Preservation (Performance (%) as of 3-31-2020) 1 Yr 3 Yr Inception 15.00 10.00 5.00 0.00 -5.00 -10.00 -15.00 -20.00 Qtr YTD 1 Yr 3 Yr 5 Yr Inception Polen International Growth (Gross) -16.08 -16.08 -4.61 7.77 - 10.49 Polen International Growth (Net) -16.26 -16.26 -5.42 6.86 - 9.56 MSCI ACWI ex USA -23.35 -23.35 -15.58 -1.96 - 0.50 The performance data quoted represents past performance and does not guarantee future results.
    [Show full text]
  • Annual Report 2019 Contains a Full Overview of Its Corporate Stakeholder Expectations As Well As Long-Term Trends Governance Practices
    Table of Contents Management report Company overview ............................................................................................................................................................................... 4 Business overview ................................................................................................................................................................................ 5 Disclosures about market risk ............................................................................................................................................................... 44 Group organizational structure ............................................................................................................................................................. 47 Key transactions and events in 2019 .................................................................................................................................................... 50 Recent developments ........................................................................................................................................................................... 53 Research and development .................................................................................................................................................................. 54 Sustainable development ....................................................................................................................................................................
    [Show full text]
  • Abn Amro Bank Nv
    7 MAY 2020 ABN AMRO ABN AMRO BANK N.V. REGISTRATION DOCUMENT constituting part of any base prospectus of the Issuer consisting of separate documents within the meaning of Article 8(6) of Regulation (EU) 2017/1129 (the "Prospectus Regulation") 250249-4-270-v18.0 55-40738204 CONTENTS Page 1. RISK FACTORS ...................................................................................................................................... 1 2. INTRODUCTION .................................................................................................................................. 26 3. DOCUMENTS INCORPORATED BY REFERENCE ......................................................................... 28 4. SELECTED DEFINITIONS AND ABBREVIATIONS ........................................................................ 30 5. PRESENTATION OF FINANCIAL INFORMATION ......................................................................... 35 6. THE ISSUER ......................................................................................................................................... 36 1.1 History and recent developments ............................................................................................. 36 1.2 Business description ................................................................................................................ 37 1.3 Regulation ............................................................................................................................... 40 1.4 Legal and arbitration proceedings ..........................................................................................
    [Show full text]
  • Dow Jones STOXX Indices Rulebook
    Dow Jones STOXX® Index Guide Version 13.0 · October 2008 ® DOW JONES STOXX INDEX GUIDE Section A: Dow Jones STOXX Equity Indices 3 Section B: Dow Jones STOXX Strategy Indices 70 Section C: Industry Classifi cation Benchmark 89 Changes to the Dow Jones STOXX Index Guide 100 STOXX LIMITED A Joint Venture of Deutsche Börse AG, Dow Jones & Company and SIX Swiss Exchange AG The indices described in this guide are the intellectual property of STOXX Limited and/or Dow Jones & Company Inc. ‘STOXX’ is a registered trademark of STOXX Limited. ‘Dow Jones’ and ‘Dow Jones Indexes’ are service marks of Dow Jones & Company Inc. A licence agreement is required to use indices and trademarks from STOXX and/or Dow Jones Indexes for any commercial purpose, namely but not exclusively for arranging, marketing, issuing, promoting fi nancial products based on the indices. Neither STOXX nor Dow Jones sells, sponsors or recommends the purchase of fi nancial products based on their indices. Neither Dow Jones nor STOXX makes any warranty as to the accuracy and completeness of any such index or any information related to it, or, as to the results to be obtained by any person or entity from the use of any such index or any information related to it. www.stoxx.com 2 DOW JONES STOXX® INDEX GUIDE Section A: Dow Jones STOXX Equity Indices www.stoxx.com 3 ® DOW JONES STOXX INDEX GUIDE Section A 1 OVERVIEW 6 4 DEFINITIONS 28 1.1 Index Family 6 4.1 Base Dates & Base Values 28 1.2 Coverage 8 4.2 Block Ownership & Restricted Shares 29 1.2.1 Global 8 4.3 Free Float Market Capitalisation 30 1.2.2 Europe 9 4.4 Weighting Factors 30 1.2.3 Eastern Europe 10 4.5 Weighting Cap Factors 31 4.6 Buffers 32 4.7 Currency Rates 32 2 SCOPE 11 4.8 Dividend Treatment 33 2.1 Investable Stock Universe 11 4.9 Index Parameters 33 2.2 Stock Exchanges and Trading Systems 11 4.9.1 Price & Total Return Indices 33 2.2.1 Global 11 4.9.2 Indices in Euro, U.S.
    [Show full text]
  • CFD Type IB Symbol Product Description Symbol Currency Share
    Netherlands CFD Type IB Symbol Product Description Symbol Currency Share AALB Aalberts Industries NV AALB EUR Share AO1 Accell Group AO1 EUR Share AGN Aegon NV AGN EUR Share AKZ Akzo Nobel NV AKZ EUR Share AMG AMG Advanced Metallurgical Group NV AMG EUR Share ARCAD Arcadis NV ARCAD EUR Share ASM ASM International NV ASM EUR Share ASML ASML Holding NV ASML EUR Share BESI BE Semiconductor Industries NV BESI EUR Share BINCK BinckBank NV BINCK EUR Share BRNL Brunel International BRNL EUR Share COR Corio NV COR EUR Share CSM CSM CSM EUR Share DL Delta Lloyd NV DL EUR Share ECMPA Eurocommercial Properties NV ECMPA EUR Share ENX Euronext NV ENX EUR Share EXACT Exact Holding NV EXACT EUR Share FUGR Fugro NV FUGR EUR Share GTO Gemalto NV GTO EUR Share GRONT Grontmij GRONT EUR Share HEIJM Heijmans NV HEIJM EUR Share HEHN Heineken Holding NV HEHN EUR Share HEI Heineken NV HEI EUR Share IMCD IMCD GROUP NV - W/I IMCD EUR Share IM Imtech NV IM EUR Share ING ING Groep NV ING EUR Share AH Koninklijke Ahold NV AH EUR Share BAM Koninklijke BAM Groep NV BAM EUR Share BOKA Koninklijke Boskalis Westminster NV BOKA EUR Share DSM Koninklijke DSM NV DSM EUR Share KPN Koninklijke KPN NV KPN EUR Share PHI Koninklijke Philips Electronics NV PHI EUR Share KTC Koninklijke Ten Cate NV KTC EUR Share VPK Koninklijke Vopak NV VPK EUR Share WES Koninklijke Wessanen NV WES EUR Index IBNL25 Netherlands 25 IBNL25 EUR Share NWRP New World Resources PLC NWRP CZK Share NWR New World Resources PLC NWR GBP Share NISTI Nieuwe Steen Investments NV NISTI EUR Share NN NN Group NV
    [Show full text]
  • EURO STOXX 50® Multi-Asset Indices
    EURO STOXX 50® Multi-Asset Index Family January, 2017 1 1. EURO STOXX 50® - ICONIC BLUE-CHIP EUROZONE EQUITY INDEX 2 EURO STOXX 50 ® is Europe’s leading equity index EURO STOXX 50 ® » Launched 1998 » 50 blue-chip companies from 12 Eurozone countries » Representative and highly liquid » Underlying for financial products » Serves as benchmark 3 Outstanding methodology ensures well-balanced supersector representation Key facts Current index constituents » 50 largest companies from the Eurozone ADIDAS FRESENIUS AHOLD DELHAIZE GRP SOCIETE GENERALE AIR LIQUIDE IBERDROLA » Superior selection method for companies AIRBUS INDITEX ALLIANZ ING GRP » Captures about 60% of total free-float ANHEUSER-BUSCH INBEV INTESA SANPAOLO ASML HLDG L'OREAL supersector leaders AXA LVMH MOET HENNESSY BASF MUENCHENER RUECK » Quarterly adjustments to ensure timely BAYER NOKIA BCO BILBAO VIZCAYA ORANGE representation of markets ARGENTARIA PHILIPS BCO SANTANDER SAFRAN » Fully rules-based and transparent concept BMW SAINT GOBAIN BNP PARIBAS SANOFI without any subjectivity CRH SAP DAIMLER SCHNEIDER ELECTRIC » AUM in ETFs: EUR35.2 bn1) DANONE SIEMENS DEUTSCHE BANK TELEFONICA DEUTSCHE POST TOTAL » 73,010 Structured Products issued in 2016 DEUTSCHE TELEKOM UNIBAIL-RODAMCO YTD2) E.ON UNILEVER NV ENEL VINCI ENGIE VIVENDI ENI VOLKSWAGEN PREF ESSILOR INTERNATIONAL 1) Data as of Dec. 30, 2016 4 2) Data as of Oct. 30, 2016 2. EURO STOXX 50® CORPORATE BOND INDEX 5 The corporate bond index tracks the performance of EUR- denominated bonds issued by the EURO STOXX 50® companies Index methodology » Corporate bonds from companies1) that are constituents of EURO STOXX 50® index at the Underlying bond time of the rebalancing universe » Issuer Type: Corporate bonds, denominated in EUR Bond selection » Bond Type: Fixed and zero-coupon bonds criteria » Rating: Investment Grade (consolidated rating BBB or higher) » Time to maturity: At least 15 months measured from the respective re-balancing date » Amount outstanding: Minimum EUR 750 mn » Formulas acc.
    [Show full text]
  • Remuneration Report 2017 Report Remuneration 2017
    REMUNERATION REMUNERATION REPORT 2017 REPORT 2017 1 TABLE OF CONTENTS REMUNERATION REPORT 2017 — BOSKALIS REPORT 2017 REMUNERATION 2 3 INTRODUCTION 5 REMUNERATION POLICY FOR THE BOARD OF MANAGEMENT 7 APPLICATION OF REMUNERATION POLICY IN 2017 9 SUPERVISORY BOARD REMUNERATION POLICY REMUNERATION REPORT 2017 — BOSKALIS REPORT 2017 REMUNERATION 3 INTRODUCTION MEMBERS OF THE REMUNERATION COMMITTEE DUTIES AND RESPONSIBILITIES OF THE REMUNERATION COMMITTEE In 2017 the Remuneration Committee consisted of two members, with Mr. Van Woudenberg as chairman and It is the role of the Remuneration Committee to advise the Mr. Niggebrugge as a member. On 10 May 2017 Supervisory Board on: Mr. Niggebrugge stepped down as member of the the submission of a clear and understandable proposal Remuneration Committee and was succeeded by concerning the remuneration policy to be pursued for Mr. Van der Veer. members of the Board of Management with focus on long-term value creation for the company and the business The Remuneration Committee regularly avails itself of the connected with it and taking into account the internal pay services of an independent remuneration adviser and has ratios within the company. The Remuneration Committee ascertained that this remuneration adviser does not provide shall consider and include all matters required by law and advice to the members of the Board of Management. the Corporate Governance Code 2016 (the “Code”). The Supervisory Board shall present the policy to the General REMUNERATION REPORT 2017 — BOSKALIS REPORT 2017 REMUNERATION Meeting of Shareholders for adoption; 4 the submission of a proposal concerning the remuneration REVISION OF THE LABOR MARKET REFERENCE of individual members of the Board of Management.
    [Show full text]