We have designed our corporate governance structure to best support our business, meet the needs of our stakeholders, and comply with laws and regulations.
The Supervisory Board, acting in the interests of the company and its affiliated enterprise and taking into account the relevant interests of the company’s stakeholders, supervises and advises the Board of Management and Executive Committee in
Diversity, values, and Code of Business Conduct
Corbion adopted a diversity policy for the Supervisory Board and the Executive Committee in 2017.
Shares and shareholder rights
The annual General Meeting of Shareholders will be held within six months of the close of the financial year. Extraordinary General Meetings of Shareholders will be held as often as the Board of Management and Supervisory Board deem necessary.
Given the complexity of worldwide operations in various markets and jurisdictions, Corbion needs to ensure timely identification and effective management of all significant risks inherent to the execution of its strategy to support the realization
The control environment is the set of standards, processes, culture, and structures that provide the basis for carrying out internal control across the organization.
Internal control systems
Corbion applies the 3-lines-of-defense model for internal controls. The first line (line management) is responsible for the operational effectiveness of the internal control framework.