Nordgold is committed to transparency and high standards of corporate governance
The UK Corporate Governance Code (the Code) sets out principles of good corporate governance and Code provisions which are applicable to premium listed companies in the UK. As a UK private company, Nordgold is not subject to the Code, however we recognise the value of applying the principles of the Code and do so where practicable.
The Company has adopted a written Code of Business Conduct and Ethics to aid the Group’s directors, officers and employees in making ethical and legal decisions when conducting its business, performing day-to-day duties and fulfilling responsibilities. The Code of Conduct has been designed to endorse and promote the Group’s commitment to honest and ethical conduct, promote compliance with applicable laws and governmental rules and regulations, to ensure the protection of the Group’s business interests and to deter wrongdoing.
The Code of Conduct applies to all employees, consultants, contractors, and such persons must sign an acknowledgement indicating that they have received, read and understand the Code of Conduct and agree to be bound by it. Any irregularities regarding ethical business conduct are to be referred to a member of the Audit Committee, external legal counsel or management.
The Group adopted whistleblowing procedures in 2012, through which complaints regarding questionable accounting, auditing, ethical, and other matters could be reported.