The Parent Company Carraro S.p.A. complies with the Corporate Governance Code published by the Committee for Corporate Governance of Listed Companies in July 2015. A traditional governance system has been adopted, based on the presence of three main bodies: the Shareholders' Meeting, the Board of Directors and the Board of Statutory Auditors, supported by the internal committees of the Board of Directors, the Manager in charge for Statutory Financial Reporting, the Supervisory Body and the Independent Auditors.
Internal Committees of the Board of Directors
- The Appointments and Remuneration Committee;
- The Control, Risk and Sustainability Committee;
All Committees act merely in a consulting and advisory role and assist the Board in matters within their respective jurisdictions.
The Control, Risk and Sustainability Committee acts in a consulting and advisory role to the Board with reference to risk management, internal control system and definition of goals and approaches approaches to be adopted on the subject of sustainability in the medium to long term.