Tauw is not listed on the stock exchange. All our shares are owned by the Foundation ‘Stichting Aandelenbeheer Tauw’. The Board of this foundation comprises five members, including two members of the company staff, two members representing management and Supervisory Board and a chairman who has an independent position towards the company.
For all staff there is an opportunity to buy Tauw share
certificates. During the General Shareholders’ Meetings, Tauw
offers certificate holders the opportunity to attend and pose
questions on the company policies and the developments of the
company.
Tauw acts in accordance with the Dutch guidelines for Corporate
Governance. The Supervisory Board is denominated by the General
Shareholders’ Meeting. Their task is to supervise and give advice
to the management.
Tauw subscribes to the code of ethics of FIDIC. We
acknowledge the need of directors and employees to comply with
the highest ethical standards. The key elements of the code
are:
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Integrity and impartiality
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Fairness, honesty and loyalty supporting all actions
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Being aware of and obeying the law
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Contributing individually and collectively to the well-being of shareholders, customers, the economy and the society
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The competence of our employees
To assist employees in applying this code, Tauw has developed policies and guidelines to provide employees with guidance on their behaviour.