The basis for Lindab's corporate governance comprises organisation, decision-making paths, authorities and responsibilities that are documented and communicated, as well as the culture and the values that the Board and Management advocate and act upon.
The corporate governance is i.a. documented in the form of different policies and codes. Lindab's Board has adopted the following policies and codes:
Corporate Governance Policy
Lindab has identified three main areas, CSR, internal control and compliance, within corporate governance and has established a Corporate Governance Committee, CGC, which is primarily responsible for ensuring good corporate governance within the Group.
Code of Ethics
For Lindab and all its employees, it is important that laws, regulations and general ethical values are respected and followed. Lindab has ensured itself of this through Lindab’s Code of Ethics.
The policy ensures that the public receives coherent and correct information about Lindab and its business, including financial targets, and that Lindab fulfils the requirements of the stock exchange regarding information to the stock market.
This policy contains rules in order to prevent improper trading in shares or other financial instruments in Lindab by individuals who possess information that is not known by the market.
Intellectual property rights, consisting of registered rights, such as patents, trade marks and designs, as well as other rights such as copyright, trade secrets and know-how, are valuable assets for Lindab. The policy describes the strategy and guidelines for Lindab’s management and protection of their intellectual property rights.
IS/IT and Data Protection Policy
Lindab’s IT policy contains comprehensive rules for the Group’s IT use and management. The goal is to ensure access to the IT structure that has been built to enable the business to be run effectively. It contains rules about how the data centres will be organised, including the management of critical IT equipment, access to support, backup procedures and system administration.
Lindab has zero tolerance for corruption. The policy is the regulatory framework for Lindab’s business and employees.
It is important that the Group and its employees observe competition legislation. The adopted Anti-trust Policy protects against breaches of competition legislation.
An Environmental Policy governs Lindab’s work with environmental issues and ensures that the operations are conducted with consideration to the environment and that the product solutions offered help make buildings more energy-efficient.
Occupational Health & Safety Policy
The Working Environment Policy is in line with Lindab’s efforts to ensure a safe and healthy working environment. The policy provides a clear message concerning responsibility and that the key to a safe working environment is prevention.
The purpose of the Treasury Policy is to define the framework for the Lindab Group’s management of financial risks and transactions. These issues are handled centrally by the Group treasury function in order to minimise costs.
Equal Opportunity Policy
The Policy establishes guidelines to ensure that all employees at Lindab receive equal treatment and that no one is discriminated based on their gender, religion, ethnicity, or other similar reasons.
This remuneration policy provides the rules and principles for remuneration to employees in Lindab Group ("Lindab"). The principles for remuneration in Lindab shall be in accordance with Lindab’s vision, fundamental values, market practice and applicable law and regulations. All remuneration shall be determined individually for each employee. Remuneration shall be set with the objective to keep and attract competent and skilled employees.