The new Board has the vision, skills and understanding to help lead the world’s largest, fully integrated producer of low-carbon aluminium to the forefront of the global low-carbon economy
Company
En+ Group established a new standard for its corporate governance, with a clear majority of Board places occupied by a diverse range of highly experienced Independent Non-Executive Directors
The Company has made substantial changes to its corporate governance practices throughout 2018 and
2019 to date as a result of the OFAC sanctions imposed on 6 April 2018 and their subsequent removal
on 27 January 2019. Following such changes, the Company is capable of committing to, and maintaining
the highest international standards of, corporate governance. Adhering to the highest standards of
corporate governance is a crucial element in attracting fresh investment, strengthening the Group’s
competitive position, and enhancing shareholder value. Good governance is based on clarity of roles and
responsibilities, and we aim to ensure that our governance procedures are applied to all areas of
decision-making across the Group.
Corporate governance principles
The Company’s corporate governance principles outline the relationship between the Board and the Company’s shareholders and management team, as well as the remit and duties of the Board committees.
We consider the following corporate governance principles to be fundamental to our operations
- Transparency
- Open and clear decision-making
- Legal compliance, including clear and robust compliance with US economic sanctions and the requirements for the Company to be, and remain clear from, the OFAC sanctions
- Cooperation with stakeholders
- Protection of the environment and the health and safety of the Group’s employees
- The ongoing growth of the Company’s value for the benefit of all stakeholders
Rt Hon Lord Barker of Battle PC
Executive Chairman
The highest international standards
The Company is committed to the highest international standards of corporate governance. The Group plans to continue improving in this area and adhering to internationally-recognised standards of corporate governance, transparency, disclosure, and accountability applicable to listed companies