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Good company for companies

Corporate Governance

Good corporate governance is essential to sustaining successful companies’ growth. Gimv is keen to be exemplary in this respect. In December 2005, Gimv adopted a Corporate Governance Charter that details the key aspects of its corporate governance policy.

Institutional Shareholder Service Europe (ISS Europe), an independent organization specialized in corporate governance, first inspected Gimv in 2003, giving it a corporate governance score of 7.5 out of 10. With scores continuously rising, ISS Europe’s most recent annual assessment yielded a score of 8.5 out of 10.

Belgian companies are legally required to formally justify the degree to which their corporate governance policies comply with the principles and best practice provisions of the Lippens Code. ISS Europe established that, since the Lippens code was introduced in 2005, Gimv has complied with over 94% of the criteria set out in the code.

Specific information about ISS’ annual assessment and about Gimv’s corporate governance practices is available in the Corporate Governance chapter of the Annual Report. This chapter contains information on appointments, remunerations and any conflicts of interest.