CORPORATE GOVERNANCE
The corporate governance procedures at NewCo follow a ‘Corporate Governance Code’ that has been specifically prepared. The Code is based on the ‘Good Corporate Governance Practices for Non-Listed Companies of the Greek Council of Corporate Governance (ESED – www.esed.org.gr)”.
RISK MANAGEMENT
- At NewCo, risk management models are applied following the stages: identification, evaluation, addressing, and monitoring & review.
- The goal is to manage all relevant risks concerning the company: credit, market, operational, business, and ultimately corporate reputation.
BUSINESS ETHICS & DEONTOLOGY CODE
The Business Ethics & Deontology Code of NewCo constitutes the basis of our common values that characterize us and follow us in the conduct of our business activities.
- The code reflects the principles regarding the acceptable and ethically correct behavior of the company’s employees and associates, and therefore reflects its values.
- Employees and partners willingly accept these principles and commit that these will govern their behavior and professional activity.
POLICIES
The Policies encompass the vision, values, philosophy, and mission of the company while simultaneously formulating the set of basic rules and directions set by the Management.
At NewCo, two categories of policies have been established and implemented:
- Corporate governance policies referring to the basic principles of behavior of the participants in the operation of the company.
- Operational policies referring to basic principles for the daily operation of the company.
CORPORATE GOVERNANCE POLICIES
The following corporate governance policies have been prepared and concern basic behavior principles of the participants in the operation of the company:
- Personal Data Protection Policy
- Confidential Information Policy
- Conflict of Interest Policy
- Market Abuse Prevention Policy
- Knowledge Management Policy
CORPORATE OPERATIONAL POLICIES
The following operational policies have been prepared and concern basic principles for the daily operation of the company:
- Procurement Policy
- Travel Policy
- Corporate Credit Card Use Policy
- Recycling Policy
- Log-files Management Policy
PROCEDURES
The Procedures constitute the necessary instructions for the implementation of the rules and principles of the policies. They have a supporting role and record how the desired results defined in the policies will be achieved.
- Policy Governance Process. . This specific process sets the framework for the formulation, establishment, and management of corporate policies and the corresponding manuals.
- Tell me & Ask me Process. This process establishes an “open doors” policy with the application of a mechanism for submitting questions (queries, clarifications, concerns, worries) about corporate policies.
REGULATIONS
- Internal Organization & Operation Regulation
