We believe that the best way to achieve this goal is through value-based performance culture, stringent ethical requirements and a code of conduct that promotes personal integrity and respect for the environment. Our corporate governance is therefore based on our corporate values and ethical guidelines.
We believe that good corporate governance is more than just a technical exercise—it is instead a fundamental element in the practical work of the company’s governing bodies, and it defines the criteria on which the trust of the company’s shareholders is based.
In addition, the work of the Board of Directors is based on the existence of a clearly-defined division of roles and responsibilities between the shareholders, the Board of Directors and the management in Equinor.?