Our Governance
"Ensuring transparency, integrity, and accountability through strong corporate governance and ethical business practices."
Atlantic Rheinland Energy achieve the highest business standards by adhering to the highest personal and professional standards.
Our company's ethics and compliance values are ingrained in our corporate culture and serve as the foundation for a number of rules, regulations, and guidelines that direct and educate our staff members as they carry out the company's business plan.
These same elements influence our compliance programs, which operate as the standard by which we evaluate our own and our partners' (contractors, consultants, suppliers, affiliates and joint ventures) performance.
Our Corporate Compliance department is in charge of the compliance program's ongoing creation, support, and monitoring, as well as keeping up with external legal and regulatory developments.
As a company, as employees, and as individuals, we are defined by our actions. Our Code of Business Conduct and our business practices are based on our values, which include integrity, excellence, safety, accountability, and citizenship. When faced with a choice, we evaluate how each option fits with these values.
Our ethics and compliance hotline are readily accessible to offer a secure and confidential platform for individuals both within and outside the company to report any suspected instances of fraud, unethical behavior, or irregularities. We maintain a strict standard of ethical conduct for our employees and anticipate the same level of integrity from our suppliers.
The Supplier Code of Conduct sets forth essential policies regarding environmental, health, and safety concerns, fair trade practices, ethical sourcing, conflicts of interest, bribery, kickbacks, gifts, fraud, monitoring, and compliance. Atlantic Rheinland Energy's Supplier Code of Conduct upholds our values and ensures the continuation of our ethical standards throughout our supplier network, fostering enduring and mutually advantageous partnerships.
Corporate sustainability involves creating lasting social, environmental, and economic value. It is the practice of managing a company's impact on society and the environment in a way that ensures long-term success and profitability. By integrating sustainable practices into business operations, companies can not only reduce their environmental footprint but also improve their reputation, attract top talent, and build stronger relationships with customers and stakeholders. Ultimately, corporate sustainability is about creating a better future for all stakeholders, while also driving business growth and innovation.
The Board of Directors is responsible for overseeing sustainability initiatives at the Company through the Sustainability, Risk, and HSE (Health, Safety, and Environment) Committee. This committee plays a crucial role in ensuring that the Company's operations are conducted in a manner that is environmentally responsible, safe, and sustainable. By monitoring and evaluating the Company's sustainability efforts, the Board of Directors can make informed decisions that align with the Company's values and long-term goals.
The Sustainability, Risk, and HSE Committee regularly receives updates from management on the Company's sustainability framework and performance. These updates cover a variety of Key Performance Indicators (KPIs) and goals.
The Committee offers guidance on strategy, commitments, and key focus areas, and presents its findings to the Board for review.
At the management level, the Company's Sustainability Steering Committee (SSC) coordinates all of our sustainability initiatives under the direction and supervision of a unified governing body.
