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Diversity, values, and Code of Business Conduct

Diversity

Corbion adopted a diversity policy for the Supervisory Board and the Executive Committee in 2017. Given the business environment in which Corbion operates, this policy contains longer-term objectives for gender diversity and geographical diversity, the latter to reflect the majority of our business being in the Americas.

The gender diversity targets for the Supervisory Board are that at least one member should be female if the board consists of five members and that at least two members should be female if the board consists of six members. The second target applies as the current board has six members. Corbion complies with this target as Liz Doherty, Ilona Haaijer, and Dessi Temperley are members of the Supervisory Board.

The geographical diversity target for the Supervisory Board is that at least one member of the Supervisory Board has (had) relevant Americas experience and/or exposure. Corbion complies with this target as Mathieu Vrijsen qualifies as such.

The gender diversity target for the Executive Committee is that at least two members should be female if the committee consists of six or seven members. Corbion’s Executive Committee has two female members, Jacqueline van Lemmen and Aurélie Dalbiez, and so complied with this target in 2021. In 2021, one position became vacant in the Executive Committee and that position has been filled by a female. 

The geographical diversity target for the Executive Committee is that at least two members of the Executive Committee have (had) relevant Americas experience and/or exposure. Corbion complies with this target as Andy Muller and Marco Bootz qualify as such.

In the case of vacant or new positions on the Supervisory Board or the Executive Committee, the company’s diversity policy will be applied when selecting persons for appointment as member of the Supervisory Board or the Executive Committee.

Values and Code of Business Conduct

The Corbion values Care, Courage, Collaboration, and Commitment were introduced in 2018 and implemented globally in 2019 and 2020, through communication campaigns, Executive Committee sponsored events and workshops held across the world. In 2021, our values were further reinforced through various initiatives such as Values Showcases, the launch of free full access to the mindfulness app Headspace for all our employees, and the creation of a Preserve What Matters platform to connect our people to initiatives around sustainability and community involvement. Along with the Corbion behaviors, the values guide and underpin the business strategy of Corbion. They form an integral part of our engagement and performance management programs and our global training and development initiatives.

Information about the effectiveness of, and compliance with, the Corbion Code of Business Conduct is available under the section Risk management/Business conduct program in this report.