group logo
HeidelbergCement global

Corporate Governance

Corporate Governance Principles of HeidelbergCement

The management and supervisory structures at HeidelbergCement comply with the regulations under the German Stock Company Act, the company's Articles of Association, the procedural rules of the Managing Board and Supervisory Board and – with a few exceptions (see Statement of Compliance) – the German Corporate Governance Code (GCGC). They are described in detail in the Group's Corporate Governance Principles, based on the German Corporate Governance Code (attached file to the right).

In accordance with § 286, section 5 and § 314, section 2 sentence 2 of the German Commercial Code, the 2006 Annual General Meeting exercised their right to exempt the company from the obligation to publish the remuneration of each individual member of the Managing Board.

The additional recommendations of the German Corporate Governance Code passed in June 2007 were adopted into the Group's Corporate Governance Principles.

HeidelbergCement complies with the recommendations of the German Corporate Governance Code in its version valid since June 2007 except for six exceptions. This results from the Company's current Statement of Compliance of 14 March 2008. more ›
The Code of Business Conduct describes our values of high ethical and legal standards for all our business activities in all countries in which we operate. more ›
Here you will find the Articles of Association of HeidelbergCement AG, in the changed version pursuant to the resolutions of the Annual General Meeting on 8 May 2008. more ›
Quicklinks