Governance and Business Integrity
We uphold a strong corporate governance system that ensures responsible, transparent, and ethical business practices. Our governance structure consists of two tiers: a Board of Directors and a Board of Executive Officers, each supported by permanent specialized Committees. These entities are responsible for monitoring the Company’s performance and administering our financial, environmental, social, and governance responsibilities.
We operate with comprehensive risk management and internal controls, with regular audits and clear procedures for conflicts of interest. Our Code of Conduct, accessible to the public and subject to regular updates, establishes rigorous standards for ethical behavior.
These standards are continually reinforced by ongoing training provided to employees and leadership at all levels. A Reporting Channel is available to all stakeholders for confidentially reporting concerns. An independent Internal Audit team reviews each report to ensure impartiality and takes corrective action as needed in line with business ethics.
We show our commitment to transparency by openly sharing information about our governance, performance, and compliance, and by having our annual Integrated Report independently verified. This strong governance culture strengthens our long-term stability, builds trust with stakeholders, and supports ongoing value creation.