Grontmij N.V. is committed to sound corporate governance. In 2007 it adjusted its corporate governance structure to reflect the increasing internationalisation of the organisation. Grontmij has taken notice of the revised Dutch corporate governance code published by the Corporate Governance Code Monitoring Committee on 10 December 2008 (the “revised Code”) and subsequent legislation and reports on its compliance with the principles and best practice guidelines of the revised Code.
Governance structure
Grontmij’s governance is structured effectively. This organisational structure, supported by our core values and Code of Conduct, facilitates transparent reporting throughout the Group to both the Supervisory Board (SB) and the Executive Board (EB). In turn, both SB and EB report to the Annual General Meeting of Shareholders (AGM). AGM, SB and EB each have specific powers and responsibilities; these are described comprehensively in the Articles of Association and separate charters that can be downloaded (see right hand side).