Corporate governance, defined as “the system used to lead and control a business”, is largely built into the requirements on boards laid down in the Danish Public Companies Act.
The Board of Directors and the Executive Management of Vestas believe that corporate governance initiatives should be a constant process and address the principles of good corporate governance in an ongoing process with due consideration to current legislation, practice and recommendations. Such evaluation includes a review of the company’s business concept, business procedures, goals, organisation, capital position, stakeholder relations, risks and the exercise of control.
Once a year the Board of Directors considers the recommendations for good corporate governance elaborated by the Danish Committee on Corporate Governance.
Corporate Governance
- Vestas' statutory report on corporate governance 2009
- Vestas' statutory report on corporate governance 2010
- Vestas' statutory report on corporate governance 2011
