DESFA is fully committed to maintaining an Internal Control System according to international best practices. The Internal Control System consists of all the necessary tools to effectively manage and control the activities in the company, aimed at
- ensuring compliance with laws and corporate procedures,
- protecting corporate resources and assets,
- providing precise and complete financial and non-financial information.
The values and principles of DESFA’s Code of Ethics, our zero tolerance approach towards corruption, our encouragement and protection for DESFA people reporting any violation, are all fundamental ground rules that define our Corporate Governance approach and guide an effective Compliance Program and the proper implementation of an Internal Control System.
Compliance is involved in all tasks regarding the Internal Control System development, including among others communication, training and monitoring, to ensure that internal policies and procedures are well designed, understood and followed by DESFA People, as well as that the company complies with its legal obligations.