Corporate Governance

Corporate Governance

Corporate Governance Report including Remuneration Report

As a company that adds value, Baloise has always attached great importance to practising sound, responsible corporate governance and continues this tradition today.

Operating in line with the Swiss Code of Best Practice and the SIX Corporate Governance Guidelines, Baloise strives to foster a corporate culture of high ethical standards that emphasises the integrity of the Company and its employees. Baloise is convinced that high-quality corporate governance has a positive impact on its long-term performance. This report reflects the structure of the SIX Corporate Governance Guidelines as amended on 29 October 2008 in order to enhance transparency and, consequently, improve comparability with previous years and other companies. It includes economiesuisse’s Swiss Code of Best Practice for Corporate Governance and, in particular, Appendix 1 to the latter, which was published in 2007 and contains recommendations on remuneration.

Voting rights

Voting principles

The companies of the Baloise Group fulfil their responsibilities as shareholders by exercising their legal voting rights on Swiss equities, and in the process observing the principles of good and ethically correct corporate governance (good governance). The corporate governance criteria are based on the principles defined in the "Swiss Code of Best Practice for Corporate Governance". When exercising voting rights, a long-term and sustainable approach in the interests of the corporation and its shareholders is followed, with a particular focus on long-term shareholder value development and corporate governance criteria. The voting behaviour is primarily determined by the interests of policyholders and the shareholders of Baloise companies. In addition, the interests of other stakeholders are also taken into consideration. For uncontested agenda items and routine business, the proposals of the Board of Directors of the relevant company are followed.

Exercising voting rights

Here you will find tables with the exercise of voting rights of the Baloise entities as well as of Baloise Investment Foundation for Pension Funds (BPF). The lists are updated every six months.

 

Compliance

Our integrity as a service provider is of vital importance when it comes to earning the trust of our staff, customers, shareholders and the general public. In 2002, Baloise created the position of Group Compliance Officer, who now has his own team. His tasks include the coordination and implementation of existing standards such as the Code of Conduct or Group-wide compliance standards and the introduction of new standards in the compliance field. Group Compliance has become an integral part of our efforts to comply with corporate governance.

Compliance is understood to mean correct conduct in accordance with applicable legal and regulatory provisions. This means more than just not breaking the law. It means conscious and willing observance of rules in the widest sense. Compliance is an essential tool of Management Control.

Code of Conduct

As a general rule, it is the responsibility of each individual employee to ensure his or her behaviour is in keeping with legal and ethical principles. To provide basic behavioural guidelines, the Baloise Group has developed a Code of Conduct containing essential ethical and legal rules.

Rules and regulations

Download

Download the rules and regulations of Bâloise Holding Ltd

Read online

Read the rules and regulations of Bâloise Holding Ltd online

Rules and regulations of Bâloise Holding Ltd

 

Contact

Andreas Burki

Legal and Tax
Baloise Group

Phone +41 58 285 92 44
andreas.burki@baloise.com

Peter Kalberer

Group Compliance
Baloise Group

Phone +41 58 285 72 43
peter.kalberer@baloise.com