Unnamed: 0
int64 0
799
| text
stringlengths 31
1.05k
| gov
int64 0
1
|
---|---|---|
198 | The net decrease in this provision was accounted for as exceptional income, in line with the treatment when the provision was created. | 0 |
199 | • Accounting estimates the firm determines at each reporting date the impairment of loans and advances to customers using an expected credit loss model, which estimates the credit losses over 12 months. | 0 |
200 | The actuarial calculations are made by external actuaries based on inputs from observable market data, such as corporate bond returns and yield curves to determine the discount rates used, mortality tables to determine life expectancy and inflation numbers to determine future salary and pension growth assumptions. | 0 |
201 | the firm’s risk management system enables management to identify, assess, prioritise and manage risks on a continuous and systematic basis, and covers all subsidiaries across regions, countries, markets and corporate functions. | 0 |
202 | Additionally, we maintained a three-year committed, revolving, secured borrowing facility that gives us the right to sell up to $3.0 billion face amount of eligible notes issued from the Charge Trust at any time through July 15, 2024. | 0 |
203 | This might be difficult to demonstrate in practice and involves judgement. | 0 |
204 | The Supervisory Board evaluates at least once a year the corporate strategy and main risks to the business, the result of the assessment by the Executive Board of the design and effectiveness of the internal risk management and control system, and any significant changes thereto. | 1 |
205 | It provides a robust and transparent framework for talent management involving stakeholders ranging from the people function and senior leaders to line manager and employees. | 1 |
206 | All of this might lead to financial or reputational damage. | 0 |
207 | We do not know of any practice, condition or violation that would lead to termination of deposit insurance at AENB. | 0 |
208 | This regulatory review and oversight could further affect our ability to attract and retain our executive officers and other key personnel. | 1 |
209 | The Netherlands 1 Entity ceased to exist during 2021 following a legal merger. | 0 |
210 | I believe there are lessons we can learn about how business, academia and government, by working together, can overcome major global challenges such as the climate crisis and the provision of sustainable healthcare. | 0 |
211 | Additionally, we paid $four future programmes currently being developed by Innate Pharma, and paid 62.6 EUR million to acquire a 9.8% stake in Innate Pharma. | 0 |
212 | In decision not to pay out the STI relating to the performance year 2020, no investment shares were issued for the members of the Executive Board. | 0 |
213 | Fees for other non-audit services include agreedupon procedures and advisory services. | 0 |
214 | The Gaming Compliance Committee is entrusted with making sure that the Group’s licensed gaming activity is carried out with honesty and integrity, in accordance with high moral, legal and ethical standards, and free from criminal and corruptive elements. | 1 |
215 | The Non-Executive Directors are available to talk to shareholders if they have any issues or concerns or if there are any matters where contact with the Chair, Chief Executive Officer and Chief Financial Officer is inappropriate or where such contact has failed to resolve the issue. | 1 |
216 | The climate crisis also poses risks to public health, with rising global temperatures increasing the prevalence of respiratory and cardiovascular disease, changes in water-borne illnesses, allergen distribution and concentration, as well as mental health effects. | 0 |
217 | We hold ourselves accountable by continuously reviewing our strategies and targets in light of the latest science. | 1 |
218 | In Committee were independent within the meaning of best practice provision 2.1.8 of the Code. | 1 |
219 | The perspective and input of internal and external stakeholders as well as public opinion have been taken into consideration in establishing and implementing the remuneration policy. | 1 |
220 | Note Due to the small size and structure of the Board and the limited number of employees, a separate remuneration committee is not considered to add any efficiency to the process of determining the levels of remuneration for the directors and key executives. | 1 |
221 | Risk management framework The Executive Board sets rules and monitors the adequacy of the firm’s risk management and control systems. | 1 |
222 | Oversee the appointment, remuneration, independence and performance of the external auditor and the integrity of the audit process as a whole, including the engagement of the external auditor to supply non-audit services to the firm. | 1 |
223 | These increases in competition could reduce our ability to retain and grow sales, resulting in an adverse impact to our operating results and business. | 0 |
224 | The proposals aim to ensure a fairer distribution of profits among countries and to impose a floor on tax competition through the introduction of a global minimum tax. | 0 |
225 | Task Force on Climate-related Financial Disclosures The Task Force on Climate-related Financial Disclosures (TCFD) recommendations form a voluntary framework for providing decision-useful information on climate-related risks and their financial impacts for investors, lenders, insurers and other stakeholders. | 0 |
226 | Building trust by demonstrating integrity, transparency and fair treatment is central to everything we do. | 1 |
227 | At the firm, risk management is an integral part of doing business, supported by clear governance. | 1 |
228 | In particular, the risk of an economic recession, change of law, trade restrictions, inflation, fluctuations in exchange rates, devaluation, nationalisation, financial crisis or social unrest could adversely affect our revenues and profits. | 0 |
229 | The evaluation of the external auditor, Deloitte Accountants B.V. and the succession of the lead partner involved in the audit of the Company. | 1 |
230 | Reporting basis and governance of non-financial indicators the firm N.V. | 1 |
231 | Financing and capital structure Interest expenses are mainly related to interest charges over the outstanding bonds, commercial paper and bank loans (refer to note 11.3). | 0 |
232 | They need to include safety in all their decisions, support their employees to adhere to the LSCs and lead by example. | 0 |
233 | We agreed with the supervisory board that misstatements in excess of €the audit, would be reported to them, as well as smaller misstatements that, in our view, must be reported on qualitative grounds. | 1 |
234 | the firm continuously monitors existing and emerging environmental issues and regulations across the globe to ensure awareness and compliance and to prepare the business for future changes. | 0 |
235 | We have not been subject to any criminal or regulatory investigations on the grounds of corruption including bribery, facilitation payments, extortion, money laundering and collusion. | 1 |
236 | A member of the Supervisory Board shall not take part in any discussion or decision-making that involves a subject or transaction in relation to which he has a personal conflict of interest with the Company. | 1 |
237 | The FACC is responsible for overseeing (integrity of the firm’s financial statements, (2) the firm’s compliance with legal, tax and regulatory requirements, (3) the external auditors’ qualifications and independence, (4) the performance and role of the firm’s internal audit function and the performance of the external auditors, (5) the firm’s capital structure, funding requirements and financial and risk policies, and (6) the firm’s implementation and maintenance of an integrity program and internal controls designed to mitigate integrity risk. | 1 |
238 | We implemented a robust pricing and cost management programme to continue to support brand investment and premiumisation. | 0 |
239 | Virtual power purchase agreements (such as power purchase agreements with a net settlement mechanism and no physical delivery of energy) are accounted for at fair value and are included as part of derivatives assets and liabilities. | 0 |
240 | We have co operative compliance relationships with tax authorities in various countries. | 0 |
241 | Until such time as the guideline threshold is achieved. | 0 |
242 | Internal controls have been defined at operating entity level (the firm Rules - comprising all mandatory standards and procedures) and at process level (Process and Control Standards) for key processes, including financial reporting, IT and Tax. | 0 |
243 | As stated in the Code, there should be a basic recognition that corporate governance must be tailored to the company-specific situation and, therefore, that non-application of individual provisions by a company may be justified. | 1 |
244 | Good governance platform Our Good Governance platform in the Africa Middle East & Eastern Europe region addresses human rights related topics specific to the region. | 1 |
245 | Upon invitation by the committee’s chairman, the CEO or other members of the Executive Committee may participate in the committee meetings, provided that any potential conflict of interest is avoided and confidentiality of the discussions is maintained. | 1 |
246 | operating environment and culture, in order to combat corruption. | 1 |
247 | In 12,700 employees completed anti-bribery and corruption training (2020 7,700). | 1 |
248 | The Board of Directors is authorized to permit us to issue up to further shareholder approval. | 1 |
249 | The vesting of these rights is subject to the performance of the firm N.V. on specific internal performance conditions and continued service over a three-calendar year period by the employee. | 0 |
250 | Execution At a site level, the execution of roadmaps to deliver against our climate strategy and to manage the physical risks posed by climate change are led by the accountable site lead, executing control measures (technical or organisational) as an integrated part of their existing risk management system. | 0 |
251 | the firm N.V. has issued a joint and several liability statements to the provisions of Section 2 of the Dutch Civil Code with respect to legal entities established in the Netherlands. | 1 |
252 | • Accounting policies When the firm obtains control over an entity, the initial accounting for its assets and liabilities is at fair value. | 1 |
253 | Failure of the Company, our subsidiaries, colleagues, contractors or agents to comply with the FCPA, the UK Bribery Act and other similar laws can expose us and/or individual colleagues to investigation, prosecution and potentially severe criminal and civil penalties. | 0 |
254 | There is competition for scarce talent with market-leading skills and capabilities in new technologies, and our competitors have directly targeted our employees with these highly sought-after skills and will likely continue to do so. | 0 |
255 | Responsible supply chain BV Every employee and contractor who sources goods and services on behalf of the firm is expected to follow our Global Standard for the Procurement of Goods and Services. | 1 |
256 | One reason for this was an impairment loss recognised in relation to our stake in the firm Power. | 0 |
257 | Our Purpose, Our Dream and Our Values underpin our EverGreen strategy, enabled by our organisational structure and strong governance. | 1 |
258 | Failure of our systems as well as cybersecurity incidents could lead to business disruption, loss of confidential information, unauthorised access to our data, as well as a breach of data privacy regulations. | 0 |
259 | Unless stated otherwise, all accounts are reported to the Board of Directors, being the chief decision makers with respect to operating segments, which are determined in accordance with accounting policies that are consistent to those adapted in the annual financial statements of the consolidated entity. | 1 |
260 | preference shares It should be noted that the foregoing does not imply that these systems and these procedures provide absolute assurance as to the realisation of operational and strategic business objectives, or that they can prevent all misstatements, inaccuracies, errors, fraud and non-compliance with legislation, rules and regulations. | 1 |
261 | – Compliance with the the firm Code of Conduct. | 1 |
262 | an Anti-Bribery Policy which applies to all the firm employers and is overseen by the Board. | 1 |
263 | The programme includes a general information package in respect of the Company and its corporate governance and meetings with members of the Executive Team and other senior management leaders. | 1 |
264 | Significant events in the period and accounting estimates and judgements 4. Changes in accounting policies 76 5. | 0 |
265 | Our oversight procedures included remote working paper reviews for The Netherlands, United Kingdom, France, Spain, Italy, Austria, Poland, Brazil, Mexico, USA, Russia, Nigeria, Vietnam, South Africa, Democratic Republic of Congo, Indonesia, Ethiopia, Cambodia, China, and India, virtual meetings with the component auditor and component management. | 1 |
266 | All related gains were accounted through Other comprehensive income. | 0 |
267 | Right of use (ROU) assets Definition of a lease A contract contains a lease if it provides the right to control the use of an identified asset for a period of time in exchange for an amount payable to the lessor. | 0 |
268 | Looking ahead, we are boosting our strategic capabilities, talent attraction and development to ensure we have the best people, the right culture and strong organisational health. | 0 |
269 | Management is responsible for definition and timely implementation of action plans to remediate any deficiency identified as part of these assessments. | 0 |
270 | be an issue over which we have a reasonable degree of control where it comes to our impacts. | 0 |
271 | The Committee continued to monitor and review the effectiveness of our anti-bribery and anti-corruption controls across the Group, prioritising its focus on countries/ regions where we have significant operations and countries in which doing business is generally considered to pose higher compliance risks. | 1 |
272 | Principal Accountant Fees and Services PART IV Item 15. | 0 |
273 | The decisions made on the selection and application of accounting policies. | 0 |
274 | The plan liabilities are calculated using a discount rate set with reference to AA corporate bond yields. | 0 |
275 | In Carbon Governance Group with executivelevel ownership, accountable for the delivery of our Ambition Zero Carbon programme. | 1 |
276 | Costs such as Card Member rewards and Card Member services expenses could continue to increase as we evolve our value propositions, including in response to increased competition. | 0 |
277 | Scope of the group audit the firm N.V. is at the head of a group of entities. | 0 |
278 | the firm is utilising enhanced techniques and technology to continue to drive the improvement and standardisation of its accounting and reporting processes and controls and to harmonise its system landscape. | 1 |
279 | Changes to our product portfolio, growing insights of hazards associated with potential food contaminants, growing consumers’ concern on food safety and a more complex legal environment, make it necessary to constantly take action to adapt and respond to these changes, to assure food safety for our consumers. | 1 |
280 | These recommendations form a voluntary framework for providing decision-useful information on climate-related risks and their financial impacts for investors, insurers and other stakeholders. | 1 |
281 | In July, the firm obtained control of United Breweries Limited (UBL). | 0 |
282 | External publicity concerning investigations can increase the scope and scale of investigations and lead to further regulatory inquiries. | 0 |
283 | In adjusting items was $8.7 billion, mainly relating to adverse fair value accounting effects primarily arising from the exceptional increase in forward gas prices, partially offset by net impairment reversals of $1.3 billion and $1.0 billion relating to a gain from the divestment of a 20% stake in Oman Block 61. | 0 |
284 | Our Global Standard on Bioethics sets out our principles, which apply to all our scientific activities, whether conducted by us or by third parties acting on our behalf. | 1 |
285 | The Committee was satisfied that the Group had appropriately accounted for the identified impairments. | 1 |
286 | When translating the adjusted equity of foreign companies accounted for using the equity method, we follow the same procedure. | 0 |
287 | For disclosures in line with IFRS reporting requirements, which are ‘accrual-based’ over earning/performance periods and partly depend on estimations/assumptions, see note 13.3 ‘Related parties’ on page 115. | 1 |
288 | As a card issuer, we compete with financial institutions that issue general-purpose credit and debit cards. | 0 |
289 | and corruption Our anti-bribery and corruption e-learning equips employees to recognise and deal with potential bribery challenges they may encounter during the course of their work. | 1 |
290 | • Oversee the development of a diverse pipeline for succession to the board and monitor that all board appointments are subject to a formal, rigorous, and transparent procedure and that such appointments are based on merit and objective criteria taking into account (among other things) factors such as diversity of gender, age, educational and professional background, social, ethnic and geographical background and cognitive and personal strengths. | 1 |
291 | In order to comply with competition law requirements, the firm must sell the grid connection for the Triton Knoll offshore wind farm. | 1 |
292 | The Company considers that these rights are required in order to mitigate the risk that an interest in Ordinary Shares held by a particular person could lead to action being taken by a relevant Regulatory Authority (as defined in the Articles) which in turn could lead to the withdrawal of existing licences held by the Group or the exclusion of being awarded further licences in other jurisdictions that the Group seeks to pursue. | 0 |
293 | • Accounting policies Segment reporting Operating segments are reported consistently with the internal reporting provided to the Executive Board, which is considered to be the firm’s chief operating decision-maker. | 1 |
294 | the firm combines this activity with its own internal innovation to develop and bring to market new beer and other beverage offers for consumers. | 0 |
295 | At least one member of the Supervisory Board shall be a financial expert with relevant knowledge and experience of financial administration and accounting for listed companies or other large legal entities. | 1 |
296 | The transaction was accounted for as an intangible asset acquisition, recognised initially at the present value of non-contingent consideration, with any potential future milestone payments capitalised into the intangible asset as they are recognised. | 0 |
297 | The Company complies with, among other regulations, the Dutch Corporate Governance Code of 8 December 2016 (the ‘Code’). | 1 |