Group Management Report Products Safety and Health Environment Human Resources Social Commitment Consolidated Financial Statements 73
June 30, 2020, the percentage of women on the Supervisory
Board corresponded to one third, on the Management
Board to 0 %, at the first management level below the
Management Board to 38 %, and at the second management
level to 44 %. On this basis, the Supervisory Board and the
Management Board resolved the following new targets for
the proportion of women by the end of June 30, 2023:
33 % of Supervisory Board members, 0 % of Management
Board members, 30 % of the first and 30 % of the second
management level below the Management Board.
With the ALTANA Compliance Hotline, ALTANA provides another
central means of ensuring compliance. The latter
gives employees and external third parties the possibility of
anonymously reporting illegal behavior.
Once a year, the Audit Committee receives a written
report on compliance that is presented and discussed in a
meeting of the committee in addition to the other proceedings.
The report gives an overview of the risks identified
for each compliance area, as well as already implemented
or planned measures to advance the system. The Audit
Committee is also informed about compliance violations in
this context.
ALTANA joined the UN Global Compact initiative, whose
members are voluntarily committed to adhering to social
and environmental standards as well as the protection of
human rights. By joining Global Compact in 2010, ALTANA
has not only acknowledged its principles but also shown
a general commitment to support and promote overall
UN aims.
Targets for the Proportion of Women
(Section 289 f (4), Sentence 1, Subsection 2,
No. 4 of the German Commercial Code)
Pursuant to sections 76 (4) and 111 (5) of the German
Stock Corporation Act, the Management Board and Supervisory
Board of ALTANA AG set targets for the proportion
of women in the two management levels below the Management
Board, and on the Supervisory Board and Management
Board. The Management and Supervisory Boards had
resolved the following targets for the share of women
by June 30, 2020: 25 % of the members of the Supervisory
Board, 0 % of the members of the Management Board,
20 % of the first management level below the Management
Board, and 30 % of the second management level below
the Management Board. These targets were achieved: As of