GRI 2-18 Evaluation of the performance of the highest governance body
The performance of each member of the Sustainability Steering Committee, our highest governance body, is evaluated annually according to Bracell and RGE Group guidelines. Those guidelines include organizational values (T.O.P.I.C.C.) (see more in GRI 2-6) and fulfillment of the year’s strategic planning targets, covering business (operational) and sustainability targets (Bracell 2030).
The evaluation process is carried out independently, ensuring transparency and objectivity. The process includes self-evaluation, peer evaluation, individual interviews and analysis of leadership performance in strategic meetings. All executives receive feedback focused on continuous improvement. An individual development plan is also drawn up annually for each executive and monitored by the Human Resources department, with actions including on-the-job development, learning from others, and leadership development programs (see more under GRI 404-2).
Bracell’s training and development guidelines are aligned with our strategic business priorities, our T.O.P.I.C.C. organizational values, and quality, efficiency and operational safety targets focused on customer service and employee management. Performance against these targets is tracked quarterly and modulates the variable compensation of executives as well as that of their direct reports.
The conclusion of each performance review cycle is followed by development and continuous improvement actions that include:
– Structured feedback: All employees must receive feedback on their performance, with a focus on strengths and development opportunities.
Preparation of Individual Development Plans (IDP): Each employee develops an IDP based on the 70/20/10 methodology, including practical actions (on the job), collaborative learning and participation in development programs.
– Tracking IDPs: Each employee’s IDP is tracked by HR, with oversight from the employee’s immediate leadership, ensuring progress on identified action items.
This makes the process more transparent and objective, ensuring that performance reviews inform concrete actions for professional and organizational development.