Company Structure

For long term sustainability of any company, basic 4 pillars are as follows:

1. Corporate Governance:

The company strives to maintain size, diversity and independence of the directors. The company must show that it has a long-term commitment for maintaining an efficiently functioning board with an appropriate size or a mostly independent board or diverse board (international, intercultural, female representation, industry experience, financial expertise, age, or size of board). The compensation of the management and board of directors is linked to financial and extra-financial targets. The company must show that there is a system, policy or code of conduct in place that the remuneration package attracts and retains experienced management and board members. The company has a general, long-term commitment to an effective board and board committees with allocated tasks and responsibilities that can be fulfill through regular board meeting attendance. The company must show that it has a general, long-term commitment to ensure equal rights for minority shareholders like the exercise of the voting right in absentia and the timely access of shareholders to information, or the right to ask questions and make proposals.

2. Economic:

The company strives to generate sustainable and long-term growth, while maintaining a loyal client base and preventing anti-competitive behavior. The company pursues a long term policy that builds on employee loyalty and productivity, which in return improves its margins, to maintain a loyal shareholder base by delivering strong short and long term financial results, and transparent communication policy.

3. Social:

 The company shows a long-term commitment towards high employee remuneration like salaries, compensation payment, profit-sharing, rewards, performance benefits, employee stock purchase plans, insurances like Health insurances, Life-insurance, Pension funds, Accident insurances, General commitment towards the importance of health and safety of employees, it has a long-term, general commitment towards training and development of its employees. The company shows that employee training is important for the company. The company shows a long-term commitment towards good work-life balance for its employees, offering flexible working hours, vacations, and maternity leave without negative effects for their career, Human rights, and the Freedom of Association are part of the company's Business Code.

4. Environmental:

The company strives to make an efficient use of natural resources (example: materials, energy or water), shows a commitment towards reducing its environmental emission, has a long-term commitment towards environmental efficient product or service innovation.