Good corporate governance is a top priority for Ascom, its Executive Management, and its Board of Directors. As a listed, publicly traded international company, Ascom is committed to good Corporate Governance in order to ensure a sustainable development of the Group.
The information published in the 'Corporate Governance Report' follows the SIX Swiss Exchange directives on standards relating to Corporate Governance. In particular, Ascom is committed to transparent and comprehensible reporting.
The 'Remuneration Report' contains information about Ascom's remuneration policies, and remuneration for the preceding year. The compensation of members of the Board of Directors and the Executive Board is based on the Articles of Association as revised in April 2020. The compensation shall be adequate, competitive and performance-oriented. It shall be set in line with operative and strategic goals, the success of the Company, and the long-term interests of the shareholders.
For more information about management transactions as an integral part of the Group’s management remuneration policy, please visit the corresponding page of the Swiss Exchange.
Compliance is essential for an international group such as Ascom. Public and private stakeholders expect Ascom to conduct its business in accordance with applicable standards and regulations. But for Ascom, compliance goes further. It means a commitment to responsible corporate behavior at all levels.
Ascom is guided by its 'Code of Ethical Business Conduct'. This document spells out the core legal and ethical standards expected of all Ascom employees worldwide. Ascom regularly offers its employees and managers appropriate training in order to maximize corporate transparency and compliance.
Ascom is committed to complying with existing laws and the policies of the Company. For the Group it is important that employees can easily raise any concerns regarding potential violations of internal regulations and existing laws. To promote the ethical standards in Corporate Governance, Ascom maintains for its workforce an internal whistleblower channel that facilitates the reporting of potential violations of Group policies and applicable laws.