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."
Click on our recent milestones below for more information.
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.
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.
As of April 2023, we have achieved 56% 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.
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 have been made over the past six years (2017-2022) on behalf of Allegion, and we do not have a political action committee.
Allegion believes in transparent and proactive corporate governance. Learn how we approach this on our Corporate Governance page.
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.
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.
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.
Take full advantage of your right to be informed as an Allegion shareholder with our detailed annual Proxy Statement.