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Corporate Governance
The term corporate governance stands for responsible corporate management and control geared to long-term value creation. Efficient co-operation between management board and supervisory board, respect for shareholder interests, openness and transparency of corporate communications are key aspects of good corporate governance. The purpose is to strengthen the confidence of capital markets and the public in the company.
Celesio is committed to responsible corporate management geared towards a sustained increase in the value of the company. The management board and supervisory board stand behind the German Corporate Governance Code which presents essential statutory regulations for the management and supervision (governance) of German listed companies and contains recognised standards for good and responsible governance. The Codex is designed to make the German corporate governance system transparent and comprehensible.
At Celesio, good corporate governance is not just limited to the management board and supervisory board. In order to ensure a high standard throughout the group, we involve all of our employees by means of a code of conduct. This lays down requirements for the conduct of each employee, based on the fundamental values of abiding by the law, honesty and fairness.
