Self-assessment
The Board conducts an annual self-assessment procedure to improve the performance of the Board and the cooperation with Executive Management. This process is directed by the Chairmanship and may be facilitated by an external consultant.
Assessment criteria
Written questionnaires form the basis for the process that evaluates whether each board member and executive participates actively in the Board discussions and contributes with independent judgement. It is further assessed whether the director is inspirational and whether the environment supports open discussion at Board meetings.
Audit Committee
The Audit Committee also conducts an annual self-assessment based on written questionnaires.
Assessment of executives
The performance of each executive is continuously assesses by the Board and formally once a year. The Chairman also conducts an annual interview with each executive.
This page has been assessed by PricewaterhouseCoopers as part of its assessment of Novo Nordisk’s statement that it reports ‘in accordance’ with GRI. Please refer to Audit and assurance for a full description of the nature of assurance offered.
