Orizon Sustainability and ESG Initiatives
ORIZON
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ABOUT US
NATURAL CAPITAL
GOVERNANCE
HUMAN CAPITAL
SOCIAL PLATFORM
PERFORMANCE
GRI SUMMARY
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BOARD OF DIRECTORS GRI 2-10
GOVERNANCE
STRUCTURE
Board of Directors
Supervisory Board
Audit Committee
Ethics Committee
Executive Officers
Orizon's highest governing body, the Board of Directors (BD) is responsible
for maintaining the longevity of the Company and creating long-term value.
It is responsible for electing and supervising the Executive Officers and
establishing the company's directives, such as, for example, the business
plan and the investment policy.
The Board of Directors is responsible for ensuring the development of the
business and good management of the Company, or stating opinions on
matters of interest, including those related to impact. GRI 2-12, 2-13
Its members are selected using criteria established by the Corporations'
Law and the B3's New Regulations Issuer's Manual Elected at the General
Shareholders' Meeting, the BD can be composed of up to seven effective
members, whilst at least 20% of them should be independent. They need
to be aligned with the Company's values and culture, the Code of Ethics, the
internal policies and the applicable legislation. Furthermore, they must have
an unblemished reputation, an education compatible with the attributes or
a minimum of professional experience, having exercised functions similar
to those which are to be performed during their mandate on the board, or
having combined skills and experiences that are of interest to the Company
at the time of appointment.
The Board also holds numerous meetings to discuss important issues for
the development of the collective understanding, including matters related
to the climate. The members of the BD should have no conflicts of interest
with the Company and have time available to properly dedicate themselves
to the role and responsibilities of a board member. GRI 2-17
The Company has not established any frequency or processes for discussing
and informing the Board on issues relating to climate, meaning that the
issue is addressed when the board, employees or advisers believe that it
should be discussed or updated. TCFD Governance a.
READ MORE
To read more about the
composition of the BD and
Orizon's other governance
organs, click on this link.View entire presentation