Guidelines for sustainable corporate governance

The Austrian Corporate Governance Code serves as a guideline for our standards in corporate governance. The objective of responsible corporate management and control that is geared to sustainable and long-term value creation, as defined in the Preamble to the Code, has priority for all decisions. VBAG is thus committed to upholding the legal provisions and to the highest standards of ethical conduct, while at the same time protecting the interests of our stakeholders. We also monitor global developments in best practice governance.

To emphasise the significance of ethical practice for VBAG and to achieve increased clarity in daily activity, guidelines were developed as part of sustainability management. Each employee of VBAG is committed to the following basic principles.

Catalogue

  • Conflicts of interest
  • Insider trading
  • Financial criminality
  • Whistle blowing
  • Dealing with authorities
  • Principles and practice of publishing corporate information
  • Transparency regarding pricing and marketing
  • Stakeholder dialogue
  • Risk management
  • Accounting code of conduct
  • Respecting human rights
  • No discrimination in our activities
  • Compliance framework