Corporate Governance is a group of actions that determines how the Company is managed and builds a solid basis with reliable processes that will ensure its perpetuity. The Invepar Group uses good Corporate Governance practices to establish control and procedure standardization criteria at Invepar companies, thereby reducing the risk of fraud, abuse of power or conflict of interest in the organization.
A member the Brazilian Institute of Corporate Governance ("IBGC"), Invepar aligns its activities and decision-making processes with the best corporate governance practices, establishing a relationship of trust with all the Company’s stakeholders and contributing to its sustainability.
Although Invepar’s shares are not traded on stock exchanges, it has been registered as a publicly held company since 2000, being classified as Category A since CVM Instruction 480 became effective. Its corporate structure includes four Board of Directors advisory committees: Financial and Investments, Internal Audit, Works, HR & Governance. The positions of Chief Executive Officer and Chairman of the Board of Directors are not held by the same person, leading to greater independence and bringing more professionalism to management.
Invepar also has a permanent Fiscal Council and a Corporate Governance area, which monitors the decision-making process with the shareholders, the Committees, the Board of Directors and the Fiscal Council.
In 2011, the Invepar Group began using the Governance Portal, an innovative tool to store and centralize, in a single channel and with greater security, all the relevant information and documents for those that participate in the decision-making process.