Please accept our cookies to get the best experience of our website.
There are some features that may not work without cookies.
To find out more about the cookies we use, visit our . Cookie information page

Accept Decline
Corporate Reporting 2014

Henkel Corporate Reporting 2014

More Henkel Corporate Reporting 2014

Sustainability Report 2014

Henkel Sustainability Report 2014

Facts and Figures 2014

Henkel Facts and Figures 2014

Corporate Report 2014

Henkel Corporate Report 2014

Henkel app

Henkel app
Sustainability Report 2014

Results of our audit programs

Main focus of audits in 2014

The Head of the Corporate Audit department reports directly to the Chairman of the Management Board. We carry out regular audits based on our risk-based audit planning at our production and administration sites, and at our subcontractors and in logistics centers, to verify compliance with our codes and standards. The audits are a key instrument for identifying risks and potential improvements.

In 2014, we conducted 65 audits around the world. In the course of the audits, a total of 2,131 corrective actions were agreed upon. The main emphases in 2014 were on processes in purchasing and in the shared services, local human resources management, the supply chain, and on our Safety, Health and Environment (SHE) Standards.

Compliance with the SHE Standards was audited at 93 sites, resulting in the initiation of 480 optimization measures. Maintenance of our Social Standards and our Diversity & Inclusion Policy was integrated into the audits carried out at 17 sites in different parts of the world. All audit results are included in the Corporate Audit department’s annual report to the Henkel Management Board and the Audit Committee of the Supervisory Board.

In addition to audits, we increasingly carry out reviews of our internal monitoring systems (in three countries in 2014). These consist of self-assessments by the reviewed Henkel companies. Also in 2014, in seminars and during our audits, we trained 569 employees on aspects of compliance, risk management and internal monitoring.

More on Corporate Governance at Henkel (Annual Report)