10-13-2020

MRV&CO WAS RECOGNIZED AS THE BEST COMPANY IN CORPORATE GOVERNANCE DIMENSION IN BRAZIL BY YEARBOOK "ÉPOCA NEGÓCIOS" 360º

This is the second time that the Company has won by the theme Corporate Governance

MRV&CO was recognized by "Yearbook Época Negócios 360º" in the edition 2020 as the best company in the Corporate Governance dimension in Brazil and 23rd in the overall ranking among the 334 evaluated companies. The awards show chooses the best companies in the country. "This recognition is part of every effort and dedication that the company has established over its 40 years of history. Our Corporate Governance model is based on ethics and transparency to continue following the company’s purpose of building dreams that transform the world, "says Eduardo Fischer, president of MRV&CO.

In partnership with the Dom Cabral Foundation, the organization evaluated 334 companies from 25 different sectors. Each company was compared with its competitors and with all the companies that were divided into six dimensions: Financial Performance, Corporate Governance, Innovation, People Management, Sustainability and Vision of the Future.

As highlights, MRV&CO reinforced that at the top of its governance structure is a professionalized and diverse board of directors composed of 8 members, four of them independent. None has a position in the executive board, which is an important item of good governance. One of the advisory committees is Governance. Risks and Compliance. The company also has an executive board of sustainability and institutional relations, also responsible for ensuring compliance with the ESG guidelines (Environmental, Social and Corporate Governance).

Compliance has become increasingly a common issue among employees. A specific area, created in 2017, trains about the Code of Conduct, Anti-corruption Policy and ensures the implementation of the pillars of an effective Integrity Program. A specific channel was created by the area to answer questions and give guidance on ethics, talk with compliance.

A kind of attestation of good practices is the fact that MRV&CO has been since 2007 when it opened the capital with shares traded in the New Market of B3 where are the companies with the highest level of governance and for the fourth consecutive year own their shares included in the portfolio of the "Index of Sustentabilidade Empresarial" (ISE) from B3.

 

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