CORPORATE GOVERNANCE POLICY
EDC is committed to developing & implementing corporate governance across all the functions & locations of UAE.
In order to achieve this objective, the organization will undertake the following initiatives:
- Corporate Governance Structure
- Well Defined Policies covering all important functions
- Financial & Non-Financial Authority Delegation
- Regular Internal Audit (Financial and ISO Quality, Environment, health safety and Road Traffic management)
- Regular External Audit (Financial and ISO Quality, Environment, health safety and Road Traffic management)
- Annual Corporate Governance Report to selected internal & external stakeholders
EDC management will create awareness about best practices of corporate governance and allocate resources required to achieve an adequate policy and its implementation. The management will utilize the findings of internal and external audits to drive continual improvements across all the functions to ensure better chances of survival and growth in the long run.
This policy will be reviewed every 3 years for its continual improvement & suitability and will be amended if required.
