While environmental and social measures look at how we interact with the world and the people in it, governance considers processes, policies and accountability. It sets high standards for our leaders, employees, Board of Directors and business partners. We believe in transparent and proactive governance rooted in our core values,
starting with "Do the right thing."
Recent progress
Click on our recent milestones below for more information.
Independent chairs for board, committees
In 2022, Allegion’s Board of Directors (BOD) elected Kirk S. Hachigian as chair (effective Jan. 1, 2023). With Hachigian’s appointment, Allegion has an independent chair separate from the CEO, and all board committees and their chairs are independent. In addition, we have 66% diversity across gender, racial and ethnic representation among our Board committee chairs.
Executive incentive payouts tied to the ESG scorecard
Starting in 2023, a component of annual incentive compensation payouts for our executive leadership team is tied to the company's environmental, social and governance (ESG) scorecard performance for that year.
Board of Directors 60% diversity
As of September 2023, we have achieved 60% diversity across gender, racial and ethnic representation among our board of directors. We also have an independent chair, separate from the CEO, and all committee chairs are independent.
Whistleblower policy prohibits employee retaliation
Allegion does not condone retaliation against employees who ask questions or raise ethical concerns. Legal protection is provided to those who report violations. The company’s third-party ethics helpline is available 24 hours a day, supports 200 languages and provides the option to report anonymously.
No direct corporate political donations
No direct corporate political donations have been made over the past six years (2017-2022) on behalf of Allegion, and we do not have a political action committee.
Learn More
Corporate governance
Allegion believes in transparent and proactive corporate governance. Learn how we approach this on our Corporate Governance page.
Anti-human trafficking
Rooted in our “Do the right thing” value, we have zero tolerance for modern slavery, human trafficking or child exploitation in our company, operations and supply chains.
Ethics & compliance program
Our Ethics & Compliance Program is structured to help us engage ethically not only with our internal employees, but with external business partners and communities as well.
2021 Annual Report & More
Dive into our results for the past year in our Annual Report and More. Gain insights from our CEO or examine the events and topics that defined 2021. Looking for the details? Our 10-K offers a comprehensive look at Allegion's business and financial results each year.
2022 Proxy Statement
Take full advantage of your right to be informed as an Allegion shareholder with our detailed annual Proxy Statement.
