Systems – enhancing transparency
Remuneration policy
DSM’s remuneration policy for its Managing Board is designed to create transparency and a sharp focus on sustainable value creation for all stakeholders – in both the short and the long term. The Managing Board’s variable income components are based on performance criteria specifically designed to be met over a long period of time. Since 2010, approximately half of the Managing Board’s variable pay has been linked to sustainability topics. This remuneration policy supports our sustainable future growth, and complies with the amended Dutch Frijns Code on corporate governance.
We recognize that a remuneration policy should generate an internally and externally acceptable level of compensation. But we also believe it should be part of a company’s sustainable development. At DSM, we want our remuneration policy to help change the landscape when it comes to Top Executive remuneration, and we will constantly improve it as we move forward.
Strategic objectives and progress reporting
Sustainability is an integral part of our strategy and objectives. At the corporate level, we report progress on our sustainability targets on a quarterly basis.
Corporate Operational Audit
Our Corporate Operational Audit department carries out sustainability audits as a part of our Corporate Risk Management activities. These audits – some of which are unannounced – cover our integrated approach to sustainability, our sustainability management system and our Triple P reporting process.
