RUSAL is continually developing and enhancing its corporate governance standards to ensure they comply with the rising international benchmarks. In partnership with the European Bank of Reconstruction and Development, RUSAL has designed and adopted a set of corporate governance guidelines highlighting the company’s commitment to promoting the rights and interests of its shareholders.
RUSAL’s Board of Directors oversees the company’s growth strategy and its adherence to corporate government principles including protecting the rights of the company’s shareholders, partners and employees, business transparency, timely and comprehensive information disclosure and effective communications with the investment community.
RUSAL’s Board of Directors includes executive, non-executive and independent directors. There are five principal committees assisting the board: the Audit Committee, the Corporate Governance and Nomination Committee, the Marketing Committee, the Remuneration Committee and the Norilsk Nickel Committee. The committees are accountable for advising the board on key issues that are subject to the board’s consideration.
In 2005, RUSAL adopted a Corporate Ethics Code defining the company’s values and principles for internal and external communications.