How We Do Business
SGS is committed to maintaining universally accepted standards of corporate governance and business integrity. Our corporate governance policies are designed to maximize shareholder value by defining clear and efficient decision-making processes, fostering a climate of performance and accountability among managers and employees and aligning employees’ remuneration with the long-term interests of shareholders.
We are legally bound by the SIX Swiss Exchange where our shares are listed. They are traded on SIX Europe (Swiss Security Number: 249745; ISIN: CH0002497458). On December 31, 2014, the market capitalization of SGS SA was approximately CHF 15 997 million. None of the companies under the direct or indirect control of SGS SA has listed its shares or other securities on any stock exchange.
Our Board of Directors has overall responsibility for key business policies, including those which impact on sustainability. As well as operational management of our activities, the board is responsible for risk management, regulatory compliance, internal controls and policies relating to professional conduct. The board is assisted by our Audit Committee, Professional Conduct Committee and Operations Council which undertakes approval and implementation of business strategy.
How We Are Structured
SGS SA, registered in Geneva (CH), controls all companies worldwide belonging to the SGS Group, which provides independent inspection, verification, testing, certification and quality assurance services through its worldwide network of subsidiaries, branches and agencies.
Our operations are divided into regions, each led by a chief operating officer who is a member of the Operations Council, responsible for the SGS businesses in that region and for the local implementation of group policies and strategies. At January 1, 2016, geographic operations were organized as follows:
|Europe, Africa, Middle East||Western Europe, Northern, Central and Southern Europe, Eastern Europe and Middle East, Africa|
|Americas||North America, South and Central America|
|Asia Pacific||China and Hong Kong, Eastern Asia, South Eastern Asia and Pacific|