The corporate governance system, which is in force in LLC "karbon-oyl", serves to make the effective decisions that ensure the Company progressive
and sustainable development in favour of all its shareholders. In the governance activity, LLC "karbon-oyl" follows the world experience, practice of Russian business
leaders, and national corporate governance standards.
karbon-oyl's corporate governance is based on the principles specified below:
- Observe and protect shareholders’/ investors’ rights granted to them in line with the legislation, Articles of Associations and Company’s regulatory
- Provide the shareholders with reliable and effective methods for exercising their rights and protecting their interests.
- Ensure overall management of the Company’s activity by the karbon-oyl Board of Directors.
- Ensure fair and reasonable management of the Company’s activity by all karbon-oyl's governance bodies.
- Disclose the true and reliable information about karbon-oyl's activity promptly and in full; ensure the Company’s financial transparency.
- Implement and maintain the effective system of internal audit over the Company’s financial and business activity.
- Acknowledge and observe the rights and interests of all concerned parties provided by the legislation; implement principles of the socially responsible
- Comply with the business ethics codes.