Governance Initiatives:
We adhere to high standards of corporate governance, transparency, and accountability. Our board of directors is committed to overseeing our business practices to ensure they align with our company’s core values and mission. Some of the governance initiatives we have implemented include:
- Board diversity: We have set a target for a diverse board of directors, with representation from different backgrounds, experiences, and perspectives to ensure better decision-making.
- Independent directors: We have a policy of appointing a certain number of independent directors to our board to ensure independent oversight and reduce the risk of conflicts of interest.
- Executive compensation: We have established a remuneration committee responsible for setting executive compensation levels that align with performance, industry benchmarks, and long-term sustainability goals.
- Anti-corruption and anti-money laundering measures: We have implemented robust anti-corruption and anti-money laundering policies and procedures, such as due diligence on third-party relationships, training programs, and a whistle-blower mechanism to prevent and detect corrupt and AML practices.
- Risk management: We have a dedicated risk management team responsible for identifying, assessing, and mitigating risks across the organization, including operational, financial, legal, and reputational risks.
- Environmental and social reporting: We publish an annual sustainability report detailing our environmental and social performance, including targets, progress, and challenges.
- Stakeholder engagement: We engage with our stakeholders, such as investors, customers employees, and suppliers, to understand their concerns and expectations and incorporate them into our governance policies and practices.