Ardo CSR rapport 2023 - Flipbook - Page 84
The path to a more
sustainable food system
We are Ardo
Minimal environmental
impact
Agronomy
MIMOSA+
1. Principles of Good governance
The Ardo family business has evolved significantly over the last six decades.
Following the merger of the two family-branches by the second generation
in 2014, the family has consistently worked towards establishing a professional
governance structure and preparing for the transition to the third generation.
In 2021, we appointed our first external
- We establish a specialised audit committee,
Chairman of the Board, Mr. Jules Noten.
as well as a nomination and remuneration
In addition, an external Dutch CEO,
committee, both chaired by an independent
Mrs. Gabrielle Kalkwijk, has been leading the
member of the Board
management team since October 2019. The team
consists of experienced professionals, including
several members of the family’s third generation.
- We define a clear executive management
structure
Food safety, quality
and innovation
Respect for
our employees
Relationship with
our stakeholders
2. Legal structure
Riward NV (BE)
Digrom Immo NV (BE)
100%
daughter
companies
Real estate
in support of
Ardo Foods NV
100%
daughter
companies
Production
Ardo Foods NV (BE)
100%
daughter
companies
Sales
- We remunerate our directors and executive
managers fairly and responsibly
Our corporate governance is based on various
principles outlined in the 2020 Belgian Code of
Corporate Governance for non-listed companies,
including the following best practices:
- We treat all shareholders equally and
respect their rights
- We ensure adequate disclosure of our
corporate governance, with sufficient attention
to transparency and public reporting
- We adopt a clear governance structure
- Our Board of Directors works efficiently and
charters guarantee the commitment of all
makes decisions in the best interest of our
our associates, directors, suppliers, customers,
company
and other business partners to ethical behaviour
- We use a strict and transparent procedure for
appointing Board members and evaluating their
contributions, commitment and integrity
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- Our codes of conduct, policies and other
Good governance
Local sales
branches
50% / 50%
Joint
Ventures
Sales &
production
Ardo Energy NV (BE)
Majority
participation
Sales &
production
Joint Venture
in green
energy
Projects in
support of
Ardo Foods NV
