Corporate governance is an ethically driven business process that is committed to values aimed at enhancing an organization’s wealth generating capacity. This is ensured by taking ethical business decisions and conducting business with a firm commitment to values while meeting stakeholders’ expectations. At Nakilat, it is imperative that our company affairs are managed in a fair and transparent manner. This is vital to gain and retain the trust of our stakeholders.
Nakilat is continuously adopting best corporate governance practices, since it is deeply perceived as the heart of the successful running of our organization, while sustaining a long-term growth and promoting trust among the shareholders, investors, customers, employees and all other stakeholders. Nakilat’s corporate governance framework ensures effective engagement with our stakeholders and helps us evolve with changing times. The Board of Directors ensures the implementation of strong corporate governance practices, which safeguards the sustainable development and performance of the company, in accordance with Nakilat’s mission and vision to be a global leader in energy transportation and maritime services.
Our Board of Directors considers the interests of our shareholders as well as our other stakeholders through receiving timely and quality reports that contain condensed information and materials for them to make well-informed decisions and to develop business strategies for short and long-term growth and overall sustainability of the organization. Frequent engagement with our shareholders through our investor conferences, investor meetings, and IR conference calls has sharpened Nakilat’s focus on our core priorities, strategic vision and governance. Nakilat continues to listen to all its shareholders. Nakilat sees governance as a framework to align the interests of all our stakeholders behind its purpose to unlock the power of delivering clean and reliable energy to enhance quality of life for everyone around the world.
Recognizing the relationship between good governance and sound financial performance, Nakilat strives to adhere to leading and best governance practices and complies to Qatar Financial Markets Authority (QFMA) governance guidelines. Nakilat’s corporate governance report has been prepared in compliance with QFMA governance code and is shared with all concerned stakeholders. It is also accessible to all of the company’s stakeholders and shareholders in the Investor Relations section of Nakilat’s website.
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