GOVERNANCE
Our Group's corporate governance is aligned with international best practices in sustainability.
OUR COMMITMENT
We act in line with international guidelines to comply with local laws, promote our code of conduct and values throughout our supply chain, and integrate the ESG approach into our corporate governance for the generation of positive effects for the company's stakeholders.
OUR SUSTAINABLE GOVERNANCE SYSTEM
The Internal Sustainability Committee serves as a strategic advisory body to the Chief Executive Officer, driving the development and execution of our sustainability agenda. The Committee leads the formulation of policies that ensure the responsible and sustainable management of our business. It oversees the creation of development programs, guidelines and objectives, while ensuring their effective implementation.
The Control Risk and Sustainability Committee is tasked among other things with assisting our Board of Directors in evaluating all risks that are relevant to the sustainability of the long-term activities of the Company and our Group.
The function is responsible for implementing our Group's sustainability strategy by engaging with internal and external stakeholders, planning and monitoring sustainability activities, managing corporate giving initiatives and liaising with our operation sites.
Together with the project teams and Regional Vice Presidents, it also supports and coordinates the development and social engagement plans to communicate our social responsibility initiatives externally.
The function, which reports directly to our Chief Financial Officer, is responsible for preparing the Group's Sustainability Statement required by EU Corporate Sustainability Reporting Directive (CSRD). It is also responsible for monitoring sustainability activities and tracking their performances, in collaboration with the Corporate functions involved.
The guiding principles of the commitment of our Group to enhance sustainable development—in terms of economic, social, and environmental responsibility—and to continually improve our sustainability performance, are presented in our Group Policies and in the Code of Ethics. These documents incorporate the ethical principles and values on which our identity and culture are based. They guide the conduct of all those who, in carrying out their business and activities, operate on behalf of our Group or maintain relationships with us.
HIGHLIGHTS
We promote the integration of ESG principles into company’s governance, following the international guidelines, fully complying with local laws, for the benefit of our stakeholders and with a strong focus on our ethical values.
of purchases are covered by our ESG screening
of target audience yearly trained on anticorruption
incidence of ESG principles in MBO & LTI
incidence of ESG principles in ESOP
BUSINESS BEHAVIOUR
We collaborate with our supply chain to promote sustainable practices on human rights, safety, climate and the environment, through sharing ESG screening, tools such as the Carbon Tracker, and discussion forums. We require our suppliers to commit to best practices and adhere to the founding principles of the Code of Ethics.
MAIRE has implemented a supplier ESG screening process, integrating sustainability assessments into the selection system. It aims to optimizes environmental and social performance along the supply chain, strengthening alignment with industry standards. The process involves the administration of a dedicated ESG questionnaire, to be completed by the supplier at the qualification stage and updated as needed, ensuring that ESG performance is continuously monitored.
The Group applies a monitoring system to identify and manage impacts on value chain workers, ensuring that all labor practices comply with international standards and local regulations. The adoption of a Supplier Code of Conduct ensures that business partners abide by the same ethical and social principles applied internally, including the prohibition of exploitation, forced and child labor, and the obligation to ensure safe and decent working conditions.
MAIRE is committed to fostering a culture of ethics and transparency as a cornerstone of sustainable growth. By delivering comprehensive anti-corruption training and promoting responsible business practices, we strengthen stakeholder trust and safeguard our reputation.