Siegfried Annual Report 2009

ty toward shareholders, employees, journalists and financial
analysts. Our experience with the SWX Swiss Exchange
guidelines has shown the importance of sustainable and
long-term relationships with all shareholders and stakeholders,
and a sensible application of corporate governance instruments.
Corporate governance at Siegfried is based on
the statutes of Siegfried Holding AG, the rules of procedure
of the Siegfried Group, and the structure of the Group and
the two Divisions, Siegfried Actives and Siegfried Generics.
The corporate governance report (on page 12) describes the
principles of management and control of the Siegfried
Group. Corporate governance in the Siegfried Group mainly
follows the “Swiss Code of Best Practice” of March 2002.
It is regularly reviewed and revised by the Board of Directors,
the ultimate institution responsible for the content and implementation
of the corporate governance guidelines.
Markets
Siegfried serves the Life Science industry worldwide. This industry
includes international chemical and pharmaceutical
companies that outsource their development and production
projects or producers of finished products that have their
active ingredients produced by Siegfried.
About the report
Whenever possible and relevant, this report is based on the
guidelines of the Global Reporting Initiative (GRI). If not noted
elsewhere, the comments made in this Report are valid
for all of the Siegfried Group, exclusive of its holdings in
Taiwan and China. The Sustainability Report is part of the
Annual Report; important amendments will be published on
our website at www.siegfried.ch. Links to the website locations
are listed throughout the Annual Report.
See:
www.siegfried.ch/en/siegfried/company/organizationalregulations
Structural foundation
The Board of Directors and executive management are the
highest institutions responsible for the implementation and
maintenance of all sustainability policies and guidelines. The
Compliance Committee, along with the Chief Compliance
Officer, is responsible for the implementation of compliance
and quality standards, and for the area of Safety, Health and
Environment. The Secretary of the Board of Directors supervises
the Code of Conduct.
Our stakeholders
For Siegfried, our most important stakeholders are our customers,
employees, investors, and the public authorities and
regulators. Further stakeholders are the general public and
our suppliers. They are all equally important, which is why
an open and honest information policy is very important to
Siegfried.
42 Sustainability Report