Gearbulk ESG Report 2023 - Report - Page 85
ESG REPORT 2023
Disclosure
number
Description
Reference
Requirement(s)
Reason for
omitted
omission
Comment
2-10
Not
Not applicable for Gearbulk due
applicable
to the company being privately
GRI 2 - GENERAL DISCLOSURES 2021
2-10
Nomination and
IR p. 26- 31
selection of the
highest governance
held by only two shareholders.
body
Hence, the nomination to the
highest governance body and
its committees is decided by the
shareholders. The shareholders’
agreement for Gearbulk regulate how many directors each
shareholder can nominate to the
board of directors
2-11
Chair of the highest
IR p.26 - 31
2-11
governance body
Not
According to the shareholders
applicable
agreement, for as long as Halberton Holding AG is the majority
shareholder (currently holding
51%) of the company, Halberton
shall be entitled to nominate
the President of the company.
Matters where there are con昀氀ict
of interest shall be disclosed,
ref. article 25 of the comapny’s
Articles of Association and
Clause 4.2 of the Organisational
Regulations. Transactions with
Related Parties are also disclosed
in the annual report. [Currently
reporting on Kristian in the IR
Report. To review the description
to ensure completeness of the
requirements.]
2-12
Role of the highest
Information
As part of the Gearbulk Strategy
governance body in
IR p.26 - 31
unavilable
Process, managment of impacts
overseeing the man-
/incomplete
was embedded into the com-
agement of impacts
2-12
pany’s Strategic Goals, ref. E1
to E4 (Enable the Green, Blue
and Circular Economics). To be
documented into the IR report
for 2023
2-13
2-14
Delegation of
IR p. 20
The CEO and Chairman has
responsibility for
implemented a strucuture to sup-
managing impacts
port in management of impacts
Role of the highest
IR p. 20
governance body in
sustainability
reporting
2-15
Con昀氀icts of interest
IR p. 30
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