Governance
Corporate bodies
The system is based on balanced representation and clearly defined roles within the corporate bodies, ongoing dialogue with shareholders, institutional investors and the company’s stakeholders more broadly, and a commitment to transparency both within the organisation and towards the market.
Corporate documents
The Board of Directors has primary responsibility for the governance and management of the business, with the fundamental objective of pursuing the sustainable success of the company and the Group. This means creating long-term value for shareholders in compliance with applicable laws and in line with the Group’s mission and values, while always taking into account the interests of other stakeholders relevant to the company. All major projects, particularly those relating to sustainability performance, are reviewed by the Board of Directors.
Corporate Governance Reports
Corporate Governance encompasses the rules, procedures, relationships, processes and organisational structures designed to ensure the effective, efficient and sound management of the business. The SOL Group’s corporate governance and control system follows the ordinary model, with a central role assigned to the Board of Directors of the parent company, SOL S.p.A. The Board sets the strategic direction for the Group’s development and control system in line with the company’s strategies, and assesses its adequacy and effectiveness on an annual basis.
Code of Ethics
The system is based on the Code of Ethics, together with all applicable Standards, Directives and internal Procedures, which together form the Integrated Quality, Health & Safety and Environmental Management System.