Bucher Industries AG

Lobbying Governance

AI Extracted Evidence Snippet Source

The sustainability strategy and the information listed below cover the topics defined by Bucher Industries as material, including climate. Sustainability is well established in our organisation, and the responsibilities are clearly set out at all levels and closely linked with our strategy. The board of directors is responsible for developing the sustainability strategy and policies, and receives regular updates from group management on material developments and progress in relation to the specified sustainability targets. The oversight of non-financial reporting has been delegated to the audit committee, while implementation has been delegated to the members of group management. Specific targets for the implementation of the Group-wide sustainability strategy have been set for the members of group management. Target achievement is monitored and is reflected in the managers' remuneration. The Group's interdivisional ESG team is involved in developing and implementing the sustainability strategy and policies, and works together with the divisions. Group management receives updates on current developments and projects at regular meetings. [...] With regard to "Compliance with laws and regulations", the Group has set itself the targets of ensuring that there are no major issues concerning compliance with laws and regulations, that all relevant employees complete full compliance training and that there are no material deviations from the Group-wide control system. [...] The divisions are responsible for implementing the Group-wide principles and directives. The compliance organisation consists of a Group Compliance Officer and divisional and local compliance officers. These officers help the divisional and local management to implement the directives and serve as contact persons for the employees.

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