Corporate governance
Governance encompasses the set of tools and methods that we use to achieve the right results in the right way. Its elements include our company’s vision, values, basic philosophy, leadership expectations, Code of Conduct and company principles.
Our governing elements
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Code of conduct
The purpose of the code is to describe our business ethics standards. It applies to all our employees and others working with or for the group.
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Vision, value and ethics
Our vision, values and ethics link us together and strengthen our ability to develop innovative solutions.
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Company principles
Our company principles govern our behaviour, actions and performance. They are based on our values and apply to us all.
Board and management team
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Board of directors
The board heads the company’s strategic planning and makes decisions that form the basis for the administration's execution of the agreed strategy.
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Group management team
The group management team (GMT) comprises top executives from Wilhelmsen. Their key role is to develop and align strategy, culture and competence across all the companies in the group.
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Nomination committee
The committee nominates candidates to the board and proposes board members’ remuneration. The committee's chair acts as an advisor for the board. None of the committee members are executives in the company.
