A good corporate governance system is necessary to ensure the long term success of Umicore.
Umicore has articulated its mission, values and organizational philosophy in The Umicore Way. This document spells out how Umicore views its relationship with its customers, shareholders, employees and society. It is supplemented by detailed company codes and policies, the most significant of which is the Code of Conduct.
Umicore has adopted the 2009 Belgian Code on Corporate Governance as its reference code.
Umicore's Corporate Governance Charter describes in detail the governance structure of the Company, as well as the policies and procedures in place at Umicore. The Corporate Governance Charter deals in more detail with the responsibilities of the shareholders, the Board of directors, the CEO and the Executive Committee and also the specific role of the Audit Committee and of the Nomination & Remuneration Committee.
More information on our general management approach and our management approach to economic, environmental, social and stakeholder engagement can be found here.