Strong corporate governance ensures investors’ interests are protected. Newalta is traded on the Toronto Stock Exchange (TSX) under the symbol NAL.
A written mandate outlines Newalta Board responsibilities. The effectiveness of the Board as well as each Committee and individual director are assessed annually.
The Board supervises the management of the business and affairs of Newalta and provides direction on:
Newalta has adopted policies and programs to maintain high standards of corporate governance. Newalta’s Ethics Policy (pdf) and its Code of Business Conduct and Ethics (pdf) provide day-to-day guidance for our directors, officers and employees.
We align the interests of our Board members and officers with those of our investors. Share ownership requirements of our CEO, CFO and directors, as well as guidelines for other officers, adopted by the Board require:
Read more about Board of Director share ownership in the Management Information Circular and Proxy Statement (pdf).