7.6 WEF IBC Metric 7.6 WEF IBC Metric Pillars Theme Core metrics Reference Omission Principles Governing Setting purpose Sustainability Report 2023 of Gover­ purpose The company’s stated purpose, as the expression of the means by Siemens at a glance nance which a business proposes solutions to economic, environmental p. 7 ff and social issues. Corporate purpose should create value for all stakeholders, including shareholders. Quality of Governance body composition Annual Financial Report 2023 governing Composition of the highest governance body and its committees by: Annual Financial Report body competencies relating to economic, environmental and social Annual Financial Statement topics; 3. Notes: 31 Members of the executive or non-executive; Managing Board and Supervisory independence; Board p. 131 f tenure on the governance body; WWW.SIEMENS.COM/ number of each individual’s other significant positions and GLOBAL/EN/COMPANY/ABOUT/ commitments, and the nature of the commitments; LEADERSHIP/MANAGEMENT.HTML gender; WWW.SIEMENS.COM/ membership of under-represented social groups; GLOBAL/EN/COMPANY/ABOUT/ LEADERSHIP/SUPERVISORYBOARD/ stakeholder representation. COMMITTEES.HTML Stakeholder Material issues impacting stakeholders Sustainability Report 2023 engagement A list of the topics that are material to key stakeholders and Materiality assessment the company, how the topics were identified and how the p. 21 ff stakeholders were engaged. Ethical Anti­corruption Sustainability Report 2023 behaviour 1. Total percentage of governance body members, employees Compliance and Ethics p. 32 ff and business partners who have received training on the Our sustainability indicators organization’s anti-corruption policies and procedures, broken p. 106 ff down by region. a) Total number and nature of incidents of corruption confirmed during the current year, but related to previous years; and b) Total number and nature of incidents of corruption confirmed during the current year, related to this year. 2. Discussion of initiatives and stakeholder engagement to improve the broader operating environment and culture, in order to combat corruption. Protected ethics advice and reporting mechanisms Sustainability Report 2023 A description of internal and external mechanisms for: Compliance and Ethics p. 32 ff 1. Seeking advice about ethical and lawful behaviour and Our sustainability indicators organizational integrity; p. 106 ff 2. Reporting concerns about unethical or unlawful behaviour and lack of organizational integrity. Risk and Integrating risk and opportunity into business process Annual Financial Report 2023 opportunity Company risk factor and opportunity disclosures that clearly Combined Management Report 8. oversight identify the principal material risks and opportunities facing the Report on expected develop- company specifically (as opposed to generic sector risks), the ments and associated material company appetite in respect of these risks, how these risks and opportunities and risks p. 23 ff opportunities have moved over time and the response to those changes. These opportunities and risks should integrate material economic, environmental and social issues, including climate change and data stewardship. SIEMENS SUSTAINABILITY REPORT 2023 146