OUR ACHIEVEMENTS TO DATE AND ONGOING PROJECTS
Corporate Governance Governance means taking responsibility for our business activities, complying with all laws and regulations, and managing and supervising our operations to ensure that they provide high quality services and sustainable operations are carried out with a high degree of discipline and transparency.
We ensure that our business is managed and supervised with a high degree of discipline and transparency, in order to carry out sustainable business operations.
Feature 1: Corporate Governance Structure
• Yusen Logistics UK statutory board act as the highest governance body within the organisation
• Yusen Logistics UK Statutory Board is held by the UK Managing Director, David Goldsborough, and comprises of 7 members representing the Holding Company and Yusen Logistics UK. The Yusen Logistics UK Company Executive Committee board comprises of 8 members representing the core function and business units • The Statutory Board is responsible for reviewing and approving the reported information including material topics raised by the Company Executive Committee board and critical concerns through quarterly Statutory Board meetings • The Risk/Audit, HSE and Sustainability committees report to the Company Executive Committee Board in monthly meetings and further to the Statutory Board on a quarterly basis • All members are required to disclose if there are any conflict of interest at the beginning of the Company Executive Committee board and Statutory Board meetings.
Holding Company (Yusen Logistics (Europe) B.V.)
Appointment / Resignation
YLUK Statutory Board
Risk / Audit Committee
Reporting
Instruction / Supervision
Reporting
Company Executive Committee (CEC) Board
HSE Committee
Instruction / Supervision
Reporting
Function / Business Units
Sustainability Committee
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September 2023
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