Governance
At Foraco, we are committed to conducting business honestly, ethically, and in compliance with applicable laws wherever we operate.
All employees and those working on behalf of Foraco are expected to follow our Core Values, Code of Ethics and Business Conduct, and Anti-Bribery and Corruption Policy. We encourage open communication and provide employees with the guidance they need to make ethical decisions.
Our ethics and compliance program helps identify, prevent, and address compliance risks while supporting a culture of accountability across the organization.
Our Board of Directors and Corporate Governance Committee oversee the deployment, monitoring, and continuous improvement of strong governance policies and procedures. A majority of the Company’s Directors are independent of management, and their independence status is reviewed annually by the Board. As part of the governance process, independent Directors also meet periodically without management present to discuss matters related to the Company’s operations and oversight.
Code of Ethics and Business Conduct
We have established a crisis management team and a risk management plan to address major risks, including political instability, pandemics, and cybersecurity threats. Regular risk mapping is conducted to identify potential exposures and implement preventive and recovery measures.
Anti-Corruption Policy
Foraco is committed to the global fight against corruption and upholds a strict Anti-Corruption Policy that applies to all employees, directors, and business partners. We ensure compliance with local regulations and screen potential partners through a comprehensive vetting process.
Risk Management
A crisis management team has developed a comprehensive risk management plan to address major threats such as political instability, pandemics, and cybersecurity risks. Regular risk mapping is conducted to evaluate potential exposures and implement appropriate preventive and recovery measures.
Corporate Governance
2024
Corporate Governance & Nominating Committee Charter
2024
Compensation Committee Charter
2024
Mandate of the Board of Directors
2024
Committee Audit Charter