DOCSLIB.ORG

Notice of the Annual Stockholders' Meeting

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Notice of the Annual Stockholders' Meeting OF THE OF on April 27, 2012 NOTICE MEETING OF BAYER AG MEETING OF BAYER ANNUAL STOCKHOLDERS’ STOCKHOLDERS’ ANNUAL Please fill out in block letters Please Surname affix stamp First Name Street and house number Postal code Bayer AG c /o Finger Marketing Services Country Postfach 100538 41405 Neuss E-mail Germany Phone 2 CONTENTS NOTICE OF THE ANNUAL STOCKHOLDERS’ MEETING 2012 NOTICE OF THE ANNUAL STOCKHOLDERS’ MEETING 2012 KEY DATA 23 Contents Key data 2010 2011 Change AGENDA € million € million % Sales 35,088 36,528 + 4.1 1. Presentation of the adopted annual fi nancial 3 EBIT 1 2,730 4,149 + 52.0 statements and the approved consolidated fi nancial EBIT before special items 2 4,452 5,025 + 12.9 statements, the combined management report, the re- EBITDA 3 6,286 6,918 + 10.1 port of the Supervisory Board, the explanatory report by EBITDA before special items 2 7,101 7,613 + 7.2 the Board of Management on takeover-related disclosu- EBITDA margin before special items 4 20.2% 20.8% res, and the proposal by the Board of Management on the Income before income taxes 1,721 3,363 + 95.4 one-time delivery delivery regular one-time delivery delivery regular appropriation of distributable profi t for the fi scal year as an app and on the internet Net income 1,301 2,470 + 89.9 2011, as well as the resolution on the appropriation of Earnings per share (€) 5 1.57 2.99 + 90.4 distributable profi t. Core earnings per share (€) 6 4.19 4.83 + 15.3 2. Ratifi cation of the actions of the members of the 4 Gross cash fl ow 7 4,771 5,172 + 8.4 Board of Management entered Please notify me at the email address when a new issue is published. on the reverse Net cash fl ow 8 5,773 5,060 – 12.4 English German English German 3. Ratifi cation of the actions of the members of the 4 Magazine Bayer „research” Magazine Scientific Names | Figures | Facts Supervisory Board Net fi nancial debt 7,917 7,013 – 11.4 4. Supervisory Board elections 4 Capital expenditures as per segment table 1,621 1,666 + 2.8 5. Amendment to the Articles of Incorporation 9 Research and development expenses 3,053 2,932 – 4.0 concerning compensation of the Supervisory Board Dividend per Bayer AG share 1.50 1.65 + 10.0 (Article 12 of the Articles of Incorporation) In some cases, the sum of the fi gures given in this report may not precisely equal the stated totals and percentages may not be exact due to rounding. 6. Election of the auditor of the fi nancial statements 12 1 EBIT = operating result as shown in the income statement 2 EBIT before special items and EBITDA before special items are not defi ned in the International Financial and for the review of the half-year fi nancial report Reporting Standards and should therefore be regarded only as supplementary information. The company considers EBITDA before special items to be a more suitable indicator of operating performance since one-time delivery delivery regular one-time delivery delivery regular one-time delivery delivery regular it is not affected by depreciation, amortization, impairments or special items. By reporting this indica- EXTRACTS FROM THE ANNUAL REPORT tor, the company aims to give readers a clearer picture of the results of operations and ensure greater compara bility of data over time. See also Combined Management Report, Chapter 4.2 “Calculation of EBIT(DA) Before Special Items” on page 83 of the Bayer Annual Report 2011. 3 EBITDA = EBIT plus amortization and impairment losses on intangible assets and depreciation and im- Masthead 22 pairment losses on property, plant and equipment, minus impairment loss reversals. See also Combined Key data 23 Management Report, Chapter 4.2 “Calculation of EBIT(DA) Before Special Items” on page 83 of the Bayer Annual Report 2011. English German English German English German 4 Annual Report The EBITDA margin before special items is calculated by dividing EBITDA before special items by sales. PLEASE SEND ME THE FOLLOWING PUBLICATIONS NewsletterStockholders’ Sustainable Development Report 5 Earnings per share as defi ned in IAS 33 = net income divided by the average number of shares. For details see Note [16] to the consolidated fi nancial statements on page 206 of the Bayer Annual Report 2011. 6 Core earnings per share are not defi ned in the International Financial Reporting Standards and should therefore be regarded only as supplementary information. Thebcompany considers that this indicator gives readers a clearer picture of the results of operations and ensures greater comparability of data over time. Thebcalculation of core earnings per share is explained in the Combined Management Report, Chapter 4.3, on page 84 of the Bayer Annual Report 2011. 7 Gross cash fl ow = income after taxes, plus income taxes, plus non-operating result, minus income taxes 2012 2013 paid or accrued, plus depreciation, amortization and impairment losses, minus impairment loss rever- sals, plus / minus changes in pension provisions, minus gains / plus losses on retirements of noncurrent assets, minus gains from the remeasurement of already held assets in step acquisitions. The change in pension provisions includes the elimination of non-cash components of the operating result (EBIT). It COVER PICTURE also contains benefi t payments during the year. For details see Combined Management Report, Chapter 4.5 “Liquidity and Capital Expenditures of the Bayer Group.“, on page 86 of the Bayer Annual Report 2011. Bayer HealthCare has a major research focus in the area of car- 8 Net cash fl ow = cash fl ow from operating activities according to IAS 7 diology. Bayer scientists are working on newbapproaches to the treatment of cardiovascular diseases. The company’s product offering also includes innovative injection systems for removing Interim Report Interim Interim Report Interim Interim Report Interim blood clots and deposits from blood vessels. Our picture shows Report Interim Bayer employees Hieu Le and Kristin Green in theblaboratory Annual Report Annual 2012 2012 2012 inbMinneapolis, Minnesota, United States, with a simulation 3 2 1 1 2013 of blood cells. The Bayer Annual Report can be ordered using the postcard. Financial Calendar Q APRIL 26, 2012 Annual Stockholders’ Meeting APRIL 2012 27, Planned dividend payment date APRIL 30, 2012 Q 2012 31, JULY Q OCTOBER 30, 2012 2012 28,FEBRUARY 2013 Q APRIL 25, 2013 Annual Stockholders’ Meeting APRIL 26, 2013 NOTICE OF THE ANNUAL STOCKHOLDERS’ MEETING 2012 AGENDA 3 Notice of Meeting Our stockholders are hereby invited to attend the Annual Stockholders’ Meeting to be held at 10.00 a.m. on Friday, Aprilb27, 2012 at the Cologne Exhibition Center, North Entrance, Hallb7, Deutz-Mülheimer-Strasse 111, 50679 Cologne. Agenda 1. Presentation of the adopted annual fi nancial statements and the approved consolidated fi nancial statements, the Combined Management Report, the report of the Supervi- sory Board, the explanatory report by the Board of Man- agement on takeover-related disclosures, and the propos- al by the Board of Management on the appropriation of distributable profi t for the fi scal year 2011. Resolution on the appropriation of distributable profi t. The Board of Management and the Supervisory Board propose that the entire distributable profi t of eurb1,364,463,883.20 reported in the annual fi nancial statements for the fi scal year 2011 be appropriated to pay a dividend of eur 1.65 per share carrying dividend rights. The amount of the dividend is determined by the Board of Management based on the number of shares carrying dividend rights on the date the annual fi nancial statements were prepared. If the Company holds treasury shares on the date of the Annual Stockholders’ Meeting and the num- ber of shares carrying dividend rights is therefore lower than the number on the date the annual fi nancial state- ments were prepared, the Board of Management and Su- pervisory Board shall present an amended proposal on the appropriation of distributable profi t to the Annual Stock- holders’ Meeting, to the effect that the proposed dividend shall remain unchanged at eur 1.65 per share and the re- mainder of the distributable profi t shall be carried forward. 4 AGENDA NOTICE OF THE ANNUAL STOCKHOLDERS’ MEETING 2012 The annual fi nancial statements prepared by the Board of Management on February 14, 2012 were approved by the Supervisory Board on February 23, 2012 in accordance with section 172 sentence 1 of the German Stock Corporation Act (AktG); the annual fi nancial statements are thus adopted. No resolution on the adoption of the annual fi nancial state- ments by the Annual Stockholders’ Meeting is therefore re- quired. The other documents mentioned above shall be made available to the Annual Stockholders’ Meeting in ac- cordance with section 176(1) sentence 1 of the AktG without the need for adoption of a resolution, with the exception of the resolution on the appropriation of distributable profi t. 2. Ratifi cation of the actions of the members of the Board of Management The Board of Management and the Supervisory Board pro- pose that the actions of the members of the Board of Man- agement who held offi ce in the fi scal year 2011 be ratifi ed for that year. 3. Ratifi cation of the actions of the members of the Supervisory Board The Board of Management and the Supervisory Board pro- pose that the actions of the members of the Supervisory Board who held offi ce in the fi scal year 2011 be ratifi ed for that year. 4. Supervisory Board elections The end of the Annual Stockholders’ Meeting 2012 marks the end of the term of offi ce of all stockholder representa- tives serving on the Supervisory Board.
Load more

Recommended publications
  • Offizielle Mitteilung Der Schweizer Boerse
    Bekanntmachung auf KeyInvest Änderung der Valorennummer und ISIN der Unilever N.V. Change of the Valor number and ISIN of Unilever N.V. Im Zusammenhang mit der Änderung der Valorennummer und ISIN der Unilever N.V. (Bloomberg Code: UNA NA) wurden die Bedingungen der unten genannten Produkte der UBS AG, per 1. Juli 2019 angepasst. Die detaillierten Informationen befinden sich in der entsprechenden Produktedokumentation (Termsheets). With regard to the change of the Valor number and ISIN of Unilever N.V. (Bloomberg Code: UNA NA) UBS AG will adjust the terms of the following products as of 1st July 2019. Detailed information can be found in the respective product documentation (Termsheets). ISIN Name CH0391674139 6.25% p.a. EUR Kick-In GOAL linked to worst of Henkel / Unilever / Beiersdorf / BASF CH0400505621 6.50% p.a. CHF Kick-In GOAL linked to worst of Unilever / Nestlé / Anheuser-Busch / Danone CH0420778752 5.00% p.a. EUR Kick-In GOAL linked to worst of Carrefour / Danone / Nestlé / Unilever CH0410512831 5.50% p.a. EUR Kick-In GOAL linked to worst of Nestlé / Unilever / Danone / Kellogg CH0426877814 5.50% p.a. CHF Kick-In GOAL linked to worst of Barry Callebaut / Mondelez / Danone / Unilever CH0434742570 5.50% p.a. EUR Kick-In GOAL linked to worst of Beiersdorf / Henkel / LOréal / Unilever CH0456067161 8.00% p.a. EUR Callable Kick-In GOAL linked to worst of adidas / LOréal / Unilever / Carrefour CH0468335655 6.00% p.a. EUR Callable Kick-In GOAL linked to worst of Mondelez / Danone / Unilever CH0472609830 8.00% p.a. EUR Kick-In GOAL linked to worst of Carrefour / Danone / Unilever CH0477599200 8.50% p.a.
    [Show full text]
  • Der Aufsichtsratsvorsitzende Wächst in Eine Dominante Rolle, Auch Auf Druck Der Investoren
    UNTERNEHMENSFÜHRUNG Revolution in der Chefetage: Der Aufsichtsratsvorsitzende wächst in eine dominante Rolle, auch auf Druck der Investoren. Die neue Souveränität schafft Konflikte im Verhältnis zum CEO. em rührseligen Ritual mag sich keiner ver­ weigern, der ein Unternehmen dem Ka­ pitalmarkt übereignet. So hat auch der DER HYPER· Niederländer Peter Terium (53), Chef der AKTIVE Als CEO steuerte RWE-Abspaltung namens Innogy, am Wolfgang Reitzle 7. Oktober, im Angesicht der ersten Kurs­ (r.) den Gasekon­ notiz, die Börsenglocke freudig und strah­ zern Linde jahre­ lang durch trübes lend geläutet (,,ein super, super Tag"). Fahrwasser. Mit Das Zeremoniell schaffte es sogar ins beachtlichem Er­ ,,Heute Journal". Es handelte sich schließ­ folg. Als Aufsichts­ lich um die größte Aktienplatzierung seit ratsvorsitzender räumt er nun auf, dem Jahr 2000; der Innogy-Wert, in dem als müsste er Ökostrom, Vertrieb und Energienetze ge­ tagtäglich seinen bündelt sind, notierte zu Handelsschluss Ruf als Mister bei 20 Milliarden Euro. Linde erneut unter Beweis Der kleine, schlanke Mann, der be­ stellen. trächtlichen Anteil an diesem Erfolg hat, obwohl er erst seit einem halben Jahr am­ tiert, hält sich im Hintergrund: Werner Brandt (62), Aufsichtsratsvorsitzender sowohl der Mutterfirma RWE als auch der Tochter Innogy. Brandt, seit seiner glor­ reichen Zeit als SAP-Finanzvorstand bei Börsianern hoch angesehen, versteht sich auf den Umgang mit Investoren. Er hat wohl auch in diesem !PO-Fall Beden- > managermagazin NOVEMBER 2016 UNTERNEHMEN UNTERNEHMENSFÜHRUNG ken im Vorfeld ausräumen können, sich aus in eine dominantere Posi­ Die sollten fortan ihren eigenen An­ seinen doppelten Kontrolleursjob tion, mischen sich ins Tagesgeschäft legern berichten, wie sie auf Haupt­ betreffend oder die künftigen Ge­ ein, organisieren sich professionell, versammlungen votieren wollten.
    [Show full text]
  • Henkel AG & Co. Kgaa
    Second Supplement dated 14 January 2020 to the Prospectus dated 4 July 2019 as supplemented by the First Supplement dated 18 September 2019 This document constitutes a supplement (the "Second Supplement") within the meaning of Article 46(3) of Regulation (EU) 2017/1129 of the European Parliament and the Council of 14 June 2017 (the "Prospectus Regulation") in connection with Article 13 Luxembourg law relating to prospectuses for securities dated 10 July 2005, as amended, (Loi relative aux prospectus pour valeurs mobilières, the "Luxembourg Law 2005"), which implemented Directive 2003/71/EC of the European Parliament and the Council of 4 November 2003, as amended (the "Prospectus Directive") to the base prospectus of Henkel AG & Co. KGaA in respect of non- equity securities within the meaning of Art. 22 No. 6(4) of the Commission Regulation (EC) No. 809/2004 of 29 April 2004, as amended, ("Non-Equity Securities") (the "Debt Issuance Programme Prospectus" or the "Prospectus"). This Second Supplement is supplemental to, and must be read in conjunction with the Debt Issuance Programme Prospectus dated 4 July 2019 as supplemented by the first supplement dated 18 September 2019 (the "First Supplement") (the Prospectus together with the First Supplement, the "Supplemented Prospectus"). Henkel AG & Co. KGaA (Düsseldorf, Federal Republic of Germany) as Issuer EUR 6,000,000,000 Debt Issuance Programme (the "Programme") The Issuer has requested the Luxembourg Commission de Surveillance du Secteur Financier (the "Commission") in its capacity as competent
    [Show full text]
  • Henkel Case A
    A GRAND ENTRANCE? Li Ning’s Emergence as a Global, Chinese Brand CASE DEVELOPMENT CENTRE Henkel Customs Broker Rationalisation This case was prepared by Professor Albert Veenstra and Rebecca Chung, with the assistance of Lukas Lohrer. We would like to thank Tesse Douma at Henkel for his information and opinions. This case is based on field research data. It is written to provide material for class discussion rather than to illustrate either effective or ineffective handling of a management situation. Copyright © 2018 RSM Case Development Centre, Erasmus University. No part of this publication may be copied, stored, transmitted, reproduced or distributed in any form or medium whatsoever without the permission of the copyright owner. Please address all correspondence to [email protected]. Henkel: Customs Broker Rationalisation This case explains the customs broker rationalisation programme for European operations of the German multinational conglomerate Henkel AG & Co. KGaA since 2015. Henkel is a manufacturer of adhesive, beauty care, laundry and home care products with 170 production sites in 57 countries and sales in over 150 countries. The case shows how the company’s Global Customs Management and Export Compliance project team in Amsterdam designed and launched the programme, and invited customs broker candidate firms for a final selection in summer 2016. What should the evaluation criteria be for selecting the right broker? Introduction In Summer 2016, an important recommendation was about to be made by Head of the Global Customs Management and Export Control project unit (hereafter “the Compliance team”) of the multinational conglomerate Henkel AG & Co. KGaA (Henkel). He wanted his management superiors to significantly change the company’s approach towards global trade management.
    [Show full text]
  • Elections to the Supervisory Board of Bayer AG 2012
    AnnuAl StockholderS’ Meeting 2012 electionS to the SuperviSory BoArd 1 Elections to the Supervisory Board of Bayer AG in 2012 2 electionS to the SuperviSory BoArd AnnuAl StockholderS’ Meeting 2012 Elections to the Supervisory Board The term of office of all members of the Supervisory Board of Bayer AG expires at the end of the Annual Stockholders’ Meeting of Bayer AG on April 27, 2012. In accordance with statutory requirements, the Supervisory Board is composed of ten representatives of the stockholders and ten employee representatives. This publication provides brief profiles of the stockholder representatives nominated for election and the employee representatives, who have already been elected. The Supervisory Board proposes that Dr. Manfred Schneider should be re-elected for the period until the end of Septem- ber 30, 2012. In this time, he would hold office as Chairman of the Supervisory Board. It is proposed that Mr. Werner Wenning should take office from October1 , 2012, and that he should be elected for the term running until the end of the Stockholders’ Meeting that resolves to ratify the actions of the Supervisory Board for fiscal2016 . It is proposed that he should be Chairman of the Supervisory Board in this period. Prof. Ekkehard D. Schulz and Prof. Ernst-Ludwig Winnacker are standing for election until the end of the Stockholders’ Meeting that resolves to ratify the actions of the Supervisory Board for fiscal2013 . All other candidates should be elected for the regular term until the end of the Stockholders’ Meet- ing that resolves to ratify their actions for fiscal2016 . AnnuAl StockholderS’ Meeting 2012 electionS to the SuperviSory BoArd 3 I.
    [Show full text]
  • Invitation to the Ordinary Annual General Meeting on April 1, 2021 (Virtual Annual General Meeting)
    This English translation is provided for convenience only. The German text shall be the sole legally binding version. Invitation to the Ordinary Annual General Meeting on April 1, 2021 (Virtual Annual General Meeting) Beiersdorf Aktiengesellschaft, Hamburg Wertpapier-Kennnummer 520000 ISIN DE0005200000 HEALING OINTMENT 2 Beiersdorf AG Invitation Beiersdorf Aktiengesellschaft share- holders are hereby invited to attend the Company’s Annual General Meeting to be held on Thursday, April 1, 2021, at 10.30 a.m. (CEST) Against the background of the still ongoing coronavirus pandemic and the importance of protecting all parties involved, this year’s Annual General Meeting will again be held as a virtual meeting without the physical presence of the shareholders or their proxy- holders Overview containing information in accordance with Section 125 of the German Stock Corporation Act (AktG) in conjunction with Table 3 of the Implementing Regulation (EU) 2018/12122 A. Specification of the message 1. Unique identifier of the event: Beiersdorf_AGM_2021 2. Type of message: Notice of Annual General Meeting B. Specification of the issuer 1. ISIN: DE0005200000 2. Name of issuer: Beiersdorf Aktiengesellschaft C. Specification of the meeting 1. Date of the General Meeting: 2021-04-01 2. Time of the General Meeting: 08:30 a.m. UTC [corresponds to 10:30 a.m. CEST] 3. Type of General Meeting: Annual General Meeting 4. Location of the General Meeting: https://www .beiersdorf.com/annual-general-meeting 5. Record Date: 2021-03-10 [Record Date within the meaning of § 123 Abs. 4 AktG and § 18 Abs. 2 of the Articles of Association of Beiersdorf Aktiengesellschaft is March 11, 2021] 6.
    [Show full text]
  • Beiersdorf Ag Company Report
    MASTERS IN FINANCE BEIERSDORF AG COMPANY REPORT PERSONAL CARE AND SELF-ADHESIVE/ SEALANT 3 JANUARY 2018 STUDENT: CONSTANTIN FELIX WAGNER [email protected] Stable and solid growth Recommendation: HOLD Vs Previous Recommendation HOLD Achieving growth through two distinct businesses Price Target FY18: 91.35 € Vs Previous Price Target NA€ Price (as of 3-Jan-18) 97.90 € ▪ We recommend holding Beiersdorf AG given our FY price Reuters: Bloomberg: target of EUR 91.35 per share that corresponds to an overall downside potential of -6.69% against the current price level of EUR 52-week range (€) 83.95-91.03 97.90 as of 2nd January 2017. Market Cap (€m) 24,671 Outstanding Shares (m) 252 ▪ Dividends attributable to shareholders resulted to EUR Source: Bloomberg 1.49, what is derived by a payout ratio of 39.4% in FY 2018. This in return led to a net shareholder return of EUR 92.84, what represents a downside potential of -5.17%. ▪ Beiersdorf relevant operating markets will experience modest growth, although the European market showed low growth rates of 2.1% and 3.5% for the personal care and self-adhesive and sealant market respectively. China is expected to continue to Source: Bloomberg be the most growing market for the adhesive and sealants (Values in € millions) 2017 2018E 2019F industry. Revenues 7,056 7,347 7,649 EBITDA 1,279 1.394 1,516 ▪ The worldwide personal e-commerce segment revenue is Net Profit 796 882 974 expected to increase by a CAGR of 19.5% from FY 2017 until FY EPS 3.42 3.79 4.19 P/E 26.6 24.0 21.8 2022.
    [Show full text]
  • Stgallen Booklet.Pdf
    Preface Every year in May, a group of diverse and eminent personali- ties from all over the world embark on a journey to the University of St. Gallen in Switzerland. Here, the International Students’ Committee (ISC) seeks to realise its vision of a top- level intergenerational and interdisciplinary exchange of ideas by bringing together the global élite of entrepreneurs, business leaders, politicians and scientists with a cross- Dr. Josef Ackermann Chairman of the section of gifted young students at the St. Gallen Symposium. Board of Trustees St. Gallen Foundation for International During the “3 Days in May”, today’s leaders and those of the Studies future are invited to savour the “St. Gallen Spirit” by discours- ing and interacting with their peers, mentors and successors from around the globe, by expounding or hearing uncon- ventional ideas in a relaxed and convivial atmosphere that stimulates mutual trust with the common objective of considering and developing solutions to the key issues of our time. Over the past years, it has been my privilege to be involved in the evolution and growing success of this distinguished and unique initiative. It is with great pleasure that I encourage you to join me in constructive debate and open dialogue at the St. Gallen Symposium. “The entire event, which attracts top business leaders for three days in May each year, is not only put together and run by students. It has also become an occasion for propagating entrepreneurial ideals and boosting the morale of Europe’s businessmen.” The Wall Street Journal “It is a very powerful way of putting forward and introducing ideas.” BBC “The Swiss St.
    [Show full text]
  • Euro Stoxx® Large Index
    EURO STOXX® LARGE INDEX Components1 Company Supersector Country Weight (%) SAP Technology Germany 4.46 ASML HLDG Technology Netherlands 3.95 LINDE Chemicals Germany 3.47 LVMH MOET HENNESSY Personal & Household Goods France 3.31 SANOFI Health Care France 3.03 SIEMENS Industrial Goods & Services Germany 2.65 TOTAL Oil & Gas France 2.44 ALLIANZ Insurance Germany 2.24 UNILEVER NV Personal & Household Goods Netherlands 2.10 L'OREAL Personal & Household Goods France 2.03 AIR LIQUIDE Chemicals France 1.99 IBERDROLA Utilities Spain 1.86 SCHNEIDER ELECTRIC Industrial Goods & Services France 1.75 ENEL Utilities Italy 1.74 BAYER Health Care Germany 1.69 ADIDAS Personal & Household Goods Germany 1.55 BASF Chemicals Germany 1.50 DEUTSCHE TELEKOM Telecommunications Germany 1.46 Kering Retail France 1.32 VINCI Construction & Materials France 1.27 ANHEUSER-BUSCH INBEV Food & Beverage Belgium 1.24 BNP PARIBAS Banks France 1.20 ADYEN Industrial Goods & Services Netherlands 1.20 AIRBUS Industrial Goods & Services France 1.20 DEUTSCHE POST Industrial Goods & Services Germany 1.17 DAIMLER Automobiles & Parts Germany 1.15 DANONE Food & Beverage France 1.12 PHILIPS Health Care Netherlands 1.09 Prosus Technology Netherlands 1.06 AXA Insurance France 1.04 SAFRAN Industrial Goods & Services France 1.02 MUENCHENER RUECK Insurance Germany 1.01 ESSILORLUXOTTICA Health Care France 1.00 INTESA SANPAOLO Banks Italy 0.93 Vonovia SE Real Estate Germany 0.93 INFINEON TECHNOLOGIES Technology Germany 0.90 KONE B Industrial Goods & Services Finland 0.89 AHOLD DELHAIZE Retail
    [Show full text]
  • From Good Intentions to Real Results – Corporate Citizenship of Germany's DAX 30 Companies
    FROM GOOD INTENTIONS TO REAL RESULTS Corporate Citizenship of Germany’s DAX 30 Companies + Relevance: Why is Corporate Citizenship a CEO topic? + Trends: What are current and future expectations regarding Corporate Citizenship? + Current practice: How do DAX 30 companies engage in societal causes? + Good practices: What does good Corporate Citizenship look like? + Advice: How can you revise your own Corporate Citizenship approach? 03 01 EXECUTIVE CONTENTS SUMMARY 01 EXECUTIVE SUMMARY __ PAGE 03 We consider Corporate Citizenship as the contributions of businesses to society through the combination of core business activities, CORPORATE CITIZENSHIP social investment and philanthropy, and __ 02 IN A WORLD OF SOCIETAL CHALLENGES PAGE 06 participation in the public policy process. (World Economic Forum, 2002) 03 METHODOLOGY OF THE STUDY __ PAGE 10 04 CORPORATE CITIZENSHIP OF DAX 30 COMPANIES __ PAGE 13 The world is facing dramatic challenges ranging from social people from both the for-profit and non-profit sectors still INTEGRATED CORPORATE CITIZENSHIP: inequality and climate change to healthcare systems that argue that companies should focus on their business and 05 SCHNEIDER ELECTRIC are stretched to the limit. Recognizing these challenges, limit their social activities to paying taxes and simply making the United Nations with their Sustainable Development donations to Non-Governmental Organizations (NGOs). __ AS GOOD PRACTICE EXAMPLE PAGE 20 Goals (SDGs) are calling upon all members of society to play their part. However, this view is slowly changing in different parts of the world, with new regulations being put in place to encourage With their expertise and resources, companies can play a key and enforce a more active role of companies in addressing __ SUMMARY AND RECOMMENDATIONS PAGE 21 role in addressing these societal challenges: the fact that the societal changes.
    [Show full text]
  • Personal Care an Essential Component of Living
    Personal Care An essential component of living Activity Report 2012 Activity Report 2012 Personal Care - An essential component of living 1 of 35 TABLE OF CONTENTS WELCOME 3 • TECHNICAL REGULATORY 12 INTRODUCTION 4 • LEGAL AFFAIRS 13 KEYNOTE MESSAGE FROM COMMISSIONER BORG 5 • COMMUNICATIONS AND PUBLIC AFFAIRS 14 NEW NAME, NEW LOOK, NEW PLACE 6 EVENTS 2012 15 COSMETICS EUROPE’S ACTIVITIES THE EUROPEAN COSMETICS MARKET 2012 18 • INTERNATIONAL ACTIVITIES 7 STRUCTURE 22 • ALTERNATIVES TO ANIMAL TESTING 8 MEMBERS 23 • SUSTAINABLE DEVELOPMENT 10 STAFF 32 • REACH 10 MISSION AND GOALS 35 • SELF-REGULATION IN ADVERTISING 11 Activity Report 2012 Personal Care - An essential component of living 2 of 35 PERSONAL CARE - AN ESSENTIAL COMPONENT OF LIVING FABIO FRANCHINA COSMETICS EUROPE PRESIDENT One of the most rewarding aspects of the cosmetics industry Operating in a globalising world, our industry represents a to create improved products, while our commitment to acting is the knowledge that it enriches the lives of citizens on wide diversity of players: worldwide operating multinational responsibly ensures we deliver in a socially responsible manner. a daily basis. Virtually every person in Europe uses various companies alongside thousands of small and medium size cosmetics and personal care items every day, be they soaps, companies. They all are driven by the same passion: to bring This approach can only enhance our reputation as an industry toothpastes, deodorants or any of the many other products the best quality to the consumer through creativity and science and as representatives of that industry. Our stakeholders our industry provides. based innovation and to earn and preserve their trust on a daily recognise that we operate as a modern industry should do: we basis.
    [Show full text]
  • 180706 AR DAX 30 Event Presentation Engl FINAL
    DAX 30 supervisory board study 2018 Selected results July 2018 Jens-Thomas Pietralla & Dr. Thomas Tomkos Board & CEO Practice Private and Confidential The following assessment and evaluation is based on publicly available biographical data *) on supervisory board members of DAX 30 and MDAX companies. Obviously, the effectiveness of supervisory boards also depends on the board culture, the personalities of their members and their constructive dialogue. *) Data sources: bioGraphies made available by companies, invitations to annual meetings, annual reports, voting results from annual meetings; additional externally available bioGraphical data where necessary Private and Confidential 2 Preview... § As expected, the ”super election year 2018” has resulted in siGnificant chanGes: 89 seats were up for election, of which 42 were filled by new candidates § EiGht new diGital directors add critical expertise to the DAX 30 boards. As of 2018 more than half of the companies can rely on this experience § For the first time the share of women amonG shareholder representatives in DAX 30 exceeds 30% § Equivalent representation of women in chairperson and committee positions is still laGGinG behind § While the number of foreiGn board members in DAX 30 declined sliGhtly, the companies are able to attract experienced female board members, especially from the anglophone world § The cross-linkage of “Germany Inc.” is shifting: there are less supervisory board members with more than one DAX 30 mandate; however, several current DAX 30 executive board members take on DAX 30 supervisory board sets for the first time § The average grade of all DAX 30 supervisory boards according to the German school grading system improves aGain: from 2.3 to 2.2 § Lufthansa, Daimler, Bayer and MunichRe lead the rankinG in 2018.
    [Show full text]