Good governance principles and recommendations
As a result of the admission to trading of its shares on Spanish Securities Exchanges in December 2007, in November and December 2007, and throughout 2008, IBERDROLA RENOVABLES redesigned its Corporate Governance structure to bring it into line with most internationally recognized good governance principles and recommendations and, in particular, with those set out in the Unified Good Governance Code, approved by the Securities Market Commission [Comisión Nacional del Mercado de Valores] (CUBG). IBERDROLA RENOVABLES is committed to an effort to continually update and improve its internal good governance regulations and practices.
Also worth noting is the approval in 2008 of its own set of risk control and management policies, as well as the related limits and indicators. Furthermore, in line with recommendation 50 of the CUBG, the Company has implemented a channel for communication with the Audit and Compliance
Also worth noting is the approval in 2008 of its own set of risk control and management policies, as well as the related limits and indicators. Furthermore, in line with recommendation 50 of the CUBG, the Company has implemented a channel for communication with the Audit and Compliance
IBERDROLA RENOVABLES headquarters (Valencia).
Committee, with a view to establishing a mechanism that will allow employees to report financial and accounting irregularities on a confidential basis.
