What is corporate governance?
Corporate governance is defined as “the system used to manage and control a business”, i.e. for "control and management" of companies through ownership, board structure, remuneration systems, company law, etc.
Corporate governance is about which overall goals companies should pursue and how companies' management structures and tasks are most appropriately organised and implemented.
Codes and regulations
As an international company listed on Nasdaq Copenhagen, Vestas is in compliance with Danish and EU company laws regarding listed companies.
Further, Vestas is in compliance with the majority (2016: 43 out of 47) of the Danish Corporate Governance Recommendations.
Vestas intends to comply with and adapt its procedures to align with the current applicable Danish codes to the extent possible and desirable.
Read more: Vestas’ statutory reports on corporate governance