Annual Report 2010 - AdP

7. Compliance with the Principles of Good Governance
AdP SGPS governance respects the Principles of Good Governance for companies operating in the state business sector as set out
in Council of Ministers Resolution no. 49/2007 of 28 March.
Mission, objectives and general action principles
Principles Level of
compliance
State owned companies are required to:
• Accomplish the mission and objectives that have been
determined for the company in an economically,
financially, socially and environmentally efficient manner
in accordance with strict quality parameters, seeking to
preserve and expand competitiveness, while respecting
the principles of social responsibility, sustainable
development, public service and meeting the needs of
the community served.
• Promote and disseminate the mission, objectives and
policies of both the company and the holdings it
controls.
• Set out activity plans and budgets appropriate to the
available resources and sources of finance, taking into
consideration compliance with the mission and
objectives defined.
• Define sustainable economic, social and environmental
strategies, establishing the objectives to be attained
and the respective instruments for planning,
implementation and control.
• Adopt equality plans, following a diagnosis of the
situation so as to attain effective equality in the
treatment and opportunities made available to men
and women, eliminating discrimination and enabling a
balance between personal, family and professional lives.
• Annually report to members of the government, the
Ministry of the Environment ministry and the public in
general on progress in fulfilling its mission, the degree
to which it has obtained its objectives and to what
extent corporate social responsibility and sustainable
development policies have been complied with, as well
as its terms of public service and the ongoing level of
company competitiveness.
• Comply with current legislation and regulations,
ensuring that its behaviour is ethically irreproachable in
regard to the application of fiscal norms, money
laundering reporting requirements and competition,
consumer protection, environmental and labour
regulations, namely those relating to nondiscrimination
and the promotion of gender equality.
Total
Total
Total
Total
Total
Total
Total
Explanation
• AdP complies with the mission and the objectives
that have been have been determined for the
company in an economically, financially, socially and
environmentally efficient manner. The group
publishes an evaluation of the activities it
undertakes in its Annual Report and Financial
Statements.
• AdP disseminates its mission, its objectives and the
policies it carries through its Annual Report and
Financial Statements, on the company and state
business sector websites and its Employee Intranet.
•AdP annually drafts its activity plan and budget in
accordance with the available resources and
sources of finance taking into consideration the
mission and objectives defined.
• The AdP Group defined an organised, strategic and
tactical approach that led to the group becoming a
key player in the area of sustainability. The group’s
sustainability strategy is available for consultation in its
Annual Report and Financial Statements and on the
company and state business sector websites.
•One the AdP Group commitments, and reflecting
its sustainable strategy is to “guarantees equality of
opportunity” and detailing its performance in the
group Sustainability Report.
• AdP entirely complies with its annual reporting
obligations in regard both to the government and
the public in general. The group publishes an
evaluation of the activities it has undertaken in its
Annual Report and Financial Statements.
• All AdP Group activities are carried out in strict
compliance with legal, regulatory, ethical, deontological
and best practice requirements. In this context, AdP
acts in an ethically irreproachable manner in regard to
the application of fiscal norms, money laundering
reporting requirements and competition, consumer
protection, environmental and labour regulations.