Annual report 2010 - plazacenters

Management and governance
Corporate governance
continued
The Company’s website (www.plazacenters.com) contains
comprehensive information about the business, and there is
a dedicated investor relations section where detailed financial
information on the Company may be found.
Corporate, social and ethical policies
The Company is responsible not only to its shareholders, but also
to a range of other stakeholders including employees, customers,
suppliers and the communities upon whom its operations have
an impact.
It is therefore the responsibility of the Board to ensure that the
Company, its directors and its employees act at all times in an
ethical manner. As a result, the Company seeks to be honest and
fair in its relations with all stakeholders and to respect the laws
and sensitivities of all the countries in which it operates.
Environment
The Company regards compliance with environmental legislation
in every country where it operates as its minimum standard,
and significant levels of management attention are focused on
ensuring that all employees and contractors achieve and surpass
both regulatory and internal environmental standards.
The Company undertakes a detailed environmental impact study
of every project it undertakes, including an audit of its waste
management, water and energy usage, emissions to air and water,
ozone depletion and more.
Health and safety
The Company regards compliance with environmental legislation
in every country where it operates as its minimum standard,
and significant levels of management attention are focused on
ensuring that all employees and contractors achieve and surpass
both regulatory and internal environmental standards.
Corporate Governance declaration
This declaration is included pursuant to Article 2a of the Decree:
further stipulations regarding the content of annual reports
(Vaststellingsbesluit nadere voorschriften inhoud jaarverslag)
of December 23, 2004 (as amended) (hereafter the “Decree”).
For the statements in this declaration as understood in Articles 3,
3a and 3b of the Decree, please see the relevant sections of this
annual report. The following should be understood to be inserts
to and repetitions of these statements:
• Compliance with the provisions and best practice principles
of the Code (pages 51 to 53);
• The functioning of the Shareholders’ Meeting and its primary
authorities and the rights of shareholders and how they can
be exercised (page 49 and 55);
• The composition and functioning of the Board and its
committees (starting on pages 46, 54 and 55);
• The regulations regarding the appointment and replacement
of members of the Board (page 48);
• The regulations related to amendment of the Company’s
Articles of Association (page 49); and
• The authorizations of the members of the Board in respect
of the possibility to issue or purchase shares (page 49).
The Company undertakes a detailed environmental impact study
of every project it undertakes, including an audit of its waste
management, water and energy usage, emissions to air and water,
ozone depletion and more.
56
Plaza Centers N.V. Annual report 2010