Vopak attaches considerable importance to striking a sound balance between the interests of the company’s various stakeholders. Integrity, openness, supervision, transparent reporting and accountability are the cornerstones of our corporate governance policy. Vopak also seeks to deal carefully with social issues and has developed a clear policy towards sustainability.
Vopak complies with the majority of the principles and best practices laid down in the Dutch Corporate Governance Code, as amended on 10 December 2008 (the ‘Code’). There are five exceptions to the best practice provisions.
For our stakeholders and in accordance with prior recommendations of the Monitoring Committee Corporate Governance Code (the ‘Monitoring Committee’), we include transparent, specific and concise information on the various risks and the manner in which the organization manages these risks in our external accountability and reporting on risks and risk management. We have closely monitored the results of the consultative sessions on the preparation and effectiveness of the General Meeting of Shareholders (the ‘General Meeting’) initiated by the Monitoring Committee as well as the dialogue between the company and its shareholders.