Beter Bed Holding

GRI INDEX 2014

Governance

G4-34
Governance structure of the organisation, including committees of the highest governance body. Identify any committees responsible for decision-making on Corporate Social Responsibility.

Beter Bed Holding has a Management Board consisting of two persons and a Supervisory Board consisting of four persons.


G4-35
Process for delegating authority for Corporate Social Responsibility from the highest governance body to senior executives and other employees.

Beter Bed Holding will consider in 2015 how CSR can best be embedded in the organisation.




G4-36
Functions on executive-level responsible for Corporate Social Responsibility.

The Management Board of Beter Bed Holding is responsible for policy formulation and the implementation of the CSR policy.






G4-37
Processes for consultation between stakeholders and the highest governance body on Corporate Social Responsibility.

If consultation is delegated, describe to whom and any feedback processes to the highest governance body.

In 2014 dialogue with stakeholders was actively pursued. The following attended this consultation on behalf of Beter Bed Holding:

As a direct consequence of the dialogue, the priorities for CSR within Beter Bed Holding were adjusted. The priorities have been visualised in a materiality matrix.


G4-38
Composition of the highest governance body and its committees.

The members of the Supervisory Board are appointed by the General Meeting of Shareholders and therefore they operate independently of the Management Board.
A detailed description of the composition of the Supervisory Board is available in the section Report of the Supervisory Board.




G4-39
Is the Chair of the highest governance body also an executive officer?

The Chairman of the Supervisory Board, in accordance with the Corporate Governance Code, has an independent and non-executive position within Beter Bed Holding.




G4-40
Nomination and selection processes for the highest governance body and its committees, and the criteria used for nominating and selecting highest governance body members.

The composition of the Supervisory Board is determined by the Corporate Governance Code.



G4-41
Processes for the highest governance body to ensure conflicts of interest are avoided and managed.

Report whether conflicts of interest are disclosed to stakeholders.

The appointment and dismissal of members of the Management Board and of the Supervisory Board and amendments of the articles of association are described in the section Governance in the subsection takeover directive, and are implemented in accordance with the Corporate Governance Code.



G4-42
Report the highest governance body’s and senior executives’ roles in the development, approval, and updating of the organisation’s purpose, value or mission statements, strategies, policies, and goals related to Corporate Social Responsibility.

The Supervisory Board is responsible for exercising supervision in respect of the Management Board of Beter Bed Holding. The statutory Management Board is responsible for the policy pursued by the company.


G4-43
Measures taken to develop and enhance the highest governance body’s collective knowledge of Corporate Social Responsibility.

Not reported.





G4-44
Processes for evaluation of the highest governance body’s performance with respect to governance of Corporate Social Responisibility.

Report whether such evaluation is a self-assessment.

In closed meetings, topics including the performance of the Supervisory Board itself and that of its individual members, the relationship with the Management Board and the composition of the Supervisory Board were discussed. The performance of the Management Board and the employment conditions policy were naturally also discussed.


G4-45
Report the highest governance body’s role in the identification and management of Corporate Social Responsibility.

Report whether stakeholder consultation is used to support the highest governance body’s identification and management of Corporate Social Responsibility.

Not reported.



G4-46
Report the highest governance body’s role in reviewing the effectiveness of the organisation’s risk management processes for Corporate Social Responsibility.

Not reported.



G4-47
Frequency of the highest governance body’s review of Corporate Social Responsibility.

Not reported.





G4-48
Highest committee or position that formally reviews and approves the organisation’s Corporate Social Responsibility report and ensures that all material Aspects are covered.

The Supervisory Board is responsible for reviewing and approving the entire Annual Report, including the section on CSR.



G4-49
Process for communicating critical concerns to the highest governance body.

Not reported.







G4-50
Nature and total number of critical concerns that were communicated to the highest governance body and the mechanism(s) used to address and resolve them.

Not reported.




G4-51
Remuneration policies for the highest governance body and senior executives.

The remuneration policy is described in the Remuneration Report.





G4-52
Process for determining remuneration.

The remuneration policy is described in the Remuneration Report, with separate descriptions of the remuneration of the Management Board and that of the Supervisory Board.






G4-53
Report how stakeholders’ views are sought and taken into account regarding remuneration, including the results of votes on remuneration policies and proposals, if applicable.

Not reported.



G4-54
Report the ratio of the annual total compensation for the organisation’s highest-paid individual in each country of significant operations to the median annual total compensation for all employees (excluding the highest-paid individual) in the same country.

Not reported.



G4-55
Report the ratio of percentage increase in annual total compensation for the organisation’s highest-paid individual in each country of significant operations to the median percentage increase in annual total compensation for all employees (excluding the highest-paid individual) in the same country.

Not reported.


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Ethics & Integrity