Governance Structure

Governance Structure

Integrating
Integrity and
Sustainability.

ElvalHalcor's Governance Structure integrates both corporate and sustainability governance, ensuring ethical management and alignment with long-term business objectives.

Corporate Governance Structure

Ensuring Transparency and Strategic Oversight.

ElvalHalcor’s governance structure is supported by key governing bodies that ensure oversight, compliance, and the consistent application of corporate principles. Through this system, the Company maintains transparent and effective management and ensures the monitoring of its strategic direction. The governance framework also promotes ethical conduct and accountability, aligning the Company’s operations with stakeholder expectations and long-term business objectives. 

Corporate Governance Structure

Sustainability Governance Structure

Empowering Sustainability through Robust Governance.

Sustainability is central to ElvalHalcor’s success. A dedicated governance structure, with sustainability departments in each division, ensures consistent monitoring and implementation of initiatives. Regular assessments help track performance across key sustainability indicators, while senior management plays an active role in setting targets. From 2023, sustainability metrics are directly linked to executive remuneration, driving results in areas such as health and safety and energy management. 

Board of Directors

Ensuring Strategic Oversight and Responsible Governance Leaders.

The Board of Directors defines ElvalHalcor’s long-term strategy and oversees its implementation, ensuring compliance with corporate governance principles, legal frameworks, and the Company’s Articles of Association.