Sustainability and Corporate Governance

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Internal Governance Instruments

Corporate governance involves a set of relationships between a company’s management, its board, its shareholders and other stakeholders and effective governance requires a structure through which the objectives of the company are set, the means of attaining those objectives and monitoring performance are determined, and the company and its people are held accountable.¹ Since the elements of corporate governance include ethics, risk management, compliance and administration, companies must establish and maintain the appropriate “control environment” in order for their corporate governance procedures to be effective. The term refers to the mindset and philosophy that drives decision making and attitudes throughout ...