Page 24 - Aygaz-Sustainability-Report-2021
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22 CORPORATE GOVERNANCE AND BUSINESS ETHICS
Corporate Governance and Business Ethics
We carry out all our There is a steadily growing need for effective corporate governance
operations and activities mechanisms to improve governance, manage organizations
better by identifying financial and non-financial risks, and gain
in line with the ethical more reliability and reputation in financial and capital markets. At
principles that apply to the Aygaz, we comply with international standards through Corporate
Governance Principles, create sustainable shareholder value, secure
Aygaz culture and values funding from foreign markets, and achieve consistent growth.
and adopt transparency as a We also contribute to sustainable transformation at Aygaz by
establishing transparent, traceable and integrated management
core principle. systems and deliver value for our stakeholders. As a result of
evaluations by SAHA Kurumsal Yönetim ve Kredi Derecelendirme
Hizmetleri A.Ş., providing corporate governance rating services
under license from the Capital Markets Board (CMB), Aygaz’s
Corporate Governance Rating, which was determined as 9.42 in
2020, was upgraded to 9.50 in 2021. Publishing the “Donations and
Sponsorship Policy” in 2021 was a key contributing factor to the
increase in our Corporate Governance Rating Score.
Please click to access Aygaz Donations and Sponsorship Policy.
We carry out all our operations and activities in line with the ethical
principles that apply to the Aygaz culture and values, and adopt
transparency as a core principle. To ensure that ethical values are
extended to all employees and passed onto the next generations,
Aygaz published its “Code of Ethics and Implementation Principles”
in written form in 2010 and the Code of Ethics and Implementation
Principles Policy in 2018. The Ethics Committee, established to
better evaluate any violations and ensure alignment of practices, is
composed of the General Manager, senior executives, Chief Human
Resources Director, and Legal and Compliance Director. The “Code
of Ethics and Implementation Principles” booklet is provided to
all the employees, including the newly recruited ones. We also
deliver ethics training during the recruitment and onboarding
9.50
The Corporate Governance Rating Score in 2021