Good governance is essential for ensuring our sustainable success in the long term. In addition to designing clear objectives regarding ethics and transparency, an environmental, social, and governance (ESG) index was created to help us embed ESG factors into our business activities and decision-making processes, including the variable remuneration of our workforce.
The ESG Governance Index consists of the following commitments:
Next to the ESG governance index, a compliance index, which guides us in introducing the right measures to ensure compliance with all relevant legal and regulatory requirements, was created. The index consolidates key requirements needed to ensure that we are not only compliant with all relevant regulatory requirements but also prevent any kind of fraud or abuse, detect compliance issues at an early stage, and implement prompt corrective actions.
The Compliance Index consists of the following commitments: