ESG Organisation
The principle of sustainability has been applied to the management of the Komax Group for several decades now. ESG serves as the underlying framework for all business activities and is incorporated into Article 2a, “Sustainability,” of the Articles of Association of Komax Holding AG.
Sustainability and Innovation Committee
Setting targets and KPIs
At Board level, regulatory changes are addressed by the Sustainability and Innovation Committee. It develops recommendations regarding climate risks and opportunities. The committee defines ESG targets and KPIs, and informs the Board of Directors once a year about the status and progress of the climate transition plan, the status of ESG targets and material climate risks, and monitors sustainability reporting.
The committee meets twice a year and regularly informs and advises the Board of Directors on new developments in the various ESG areas. Risk and governance issues are also discussed in the Audit Committee.
ESG Committee
Operational implementation
The CEO has overall responsibility for the operational implementation of the ESG strategy and is supported by the Executive Committee in this regard. He drives this forward together with the Vice President Investor Relations / Group Communications / ESG, who steers and supervises implementation in the business processes. This takes place within the framework of the interdisciplinary ESG Committee. It consists of specialist managers from various areas in order to provide broad support for the implementation at an operational level and to make progress with the various ESG initiatives as planned.