Sound corporate governance underpinned by core ethical values in daily dealings with one another
For us, ethical corporate management practices form the basis of our operational actions. These include combating corruption, avoiding conflicts of interest, avoiding bribery and anti-discrimination. These values form the basis for our internal corporate governance structures, and our Group-wide Code of Conduct while they provide a tangible guideline for operating within the legal boundaries applicable to us. We adhere to these basic values when dealing with employees, business partners, and tenants alike.
Disclosure of potential conflicts of interest, especially at management level, is a matter of particular importance to us. Members of the Board of Directors and Executive Management are required to disclose any mandates outside of Peach Property Group. See the relevant disclosure included in the Corporate Governance section of the Annual Report on page 55.
The sensitive handling of the data of our tenants, business partners and employees as well as compliance with data protection regulations are to be understood within this context. We consider the Swiss Federal Data Protection Act (DSG), the German Federal Data Protection Act (BDSG), and the General Data Protection Regulation (GDPR) of the European Union as our guiding principles with respect to data protection. The GDPR results in stricter requirements for companies regarding the handling of personal data, which can result in substantial fines in the event of violation. Accordingly, we have appointed a data protection officer within the Group who, together with the Legal team and with the involvement of external specialists, is responsible for maintaining data protection throughout the Group.
In this digital age, it is very important to handle the personal data of our tenants, employees, and business partners responsibly and discreetly. With a secure IT infrastructure and highly qualified employees in data processing, we ensure that this data does not reach third parties and is not misused. Parallel to our strong growth, we are continuously enhancing our IT infrastructure. In the 2021 financial year, we made further progress in this regard, such as the company-wide introduction of multi-factor authentication, and network monitoring at our Peach Points. This allows us to act proactively and quickly in the event of network problems, or potential cyber-attacks.
Peach Property Group was a member of the European Public Real Estate Association (EPRA) during the current financial year, but did not join any other industry associations, and did not incur any expenditure in connection with political consulting services. There were also no expenses in the form of party donations.
| Proportion of employees with Code of Conduct training: | 100 % |
| Violations of the Code of Conduct: | 0 |
The complete EPRA Sustainability Performance Measures in the area of Governance can be found in the appendix to the Sustainability Report. (Download Sustainability Report)
Our Group has an established a zero-tolerance policy with respect to compliance with legal and internal regulations. We are pleased to report that we had no violations of our Code of Conduct in the financial year.
UN SDGs relevant to us in the area of employees
