Corporate Governance
Governance practices for sustainable success
SDGs We Contribute to
We go beyond simply complying with legal obligations in all operating regions, and build our Corporate Governance and Performance Management model upon high standards, goals and ethical values.
In line with our institutionalization and governance efforts, which we initiated with the EFQM (European Foundation for Quality Management) Model, we adopt a business approach that is respectful of human rights and fair, transparent, accountable and focused on risks. Our purpose is to make our success sustainable by supplementing this understanding with our practices and policies.
As Aromsa, we comply with all applicable laws and regulations and pay attention to protecting all the rights of our employees by adhering to the international declarations undersigned by our country as well as other applicable conventions and principles.
We also demonstrate the same sensible approach to the suppliers and subcontractors in our value chain.
The Board of Directors is the highest body in our corporate governance structure. Decisions regarding the social, economic and environmental impacts of our operations are taken by the Operations Committee, which consists of the Board of Directors, Deputy General Managers and Directors.
Corporate Governance and Performance Management
- Preparation of the Corporate Scorecard and Monitoring Performance
- Monitoring the Performance of Strategic Game Plans
- Conducting Management Reviews
- Authorization Management
- Management of (Internal-External) Audit Activities
- Management of Key Stakeholders
- Management of Corporate Risks
- Business Continuity Management
- Emergency Management and Crisis Management
| Our Governance Principles | Our Platforms |
|---|---|
| Fairness |
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| Transparency |
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| Accountability |
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| Risk Focus |
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AROMSA SUSTAINABILITY POLICY
Aromsa adopts the following principles to ensure the sustainability of the ecosystem in which it operates:
- Sustainability activities are carried out in line with the statement of intent and its components (creativity, people and sustainability). It is associated with the United Nations Sustainable Development Goals (UN SDGs).
- The Sustainability Policy is established with the involvement of stakeholders and by taking into account their opinions.
- The Company ensures full compliance with the principles of the Global Compact (GC).
- All activities are managed in accordance with applicable laws and regulations as well as Ethical Trading Initiative (ETI) international operating standards.
- Risks are managed effectively and care is taken to ensure business continuity for all stakeholders.
- All operations are carried out by considering health and safety of employees, environmental impact and efficiency.
- Innovative, creative and sustainable solutions are offered to the industry through R&D and innovation projects.
- An open and accountable communication is established with all stakeholders by employing two-way communication channels.
- All sustainability efforts and activities are disclosed to stakeholders through ‘Sustainability Reports’ to ensure transparency and accountability.
Our Other Policies Supporting the Sustainability Policy
- Collaboration Management Policy
- Occupational Health and Safety Policy
- R&D and Technology Policy
- Quality and Food Safety Policy
- Information Security Policy
- Chemical Management Policy
- Information Systems Policy
- Environmental Policy
- Customer Experience Policy
- Energy Policy
- GMO Policy
- Food Waste Policy
- Social Compliance Policy
- Climate and Water Policy
- Third Party Information Security Policy
- Human Rights Policy
- Production Policy
- Human Resources Policy
- Animal Feed Policy
- Allergen Policy
- Protection of Land Rights Policy
- Finance Policy
- Glass, Hard Plastic Policy
- Metal Policy
- Halal Food Policy
- Fixed Assets and Materials Policy
- Ethical Trading Initiative Base Code
- Procurement Policy
- Sales and Marketing Policy
- Personal Data Protection Law (PDPL)
To access the full texts of our Corporate Policies, click here.
In the field of governance, which is one of the building stones of sustainability, we go beyond just legal compliance by also fulfilling our responsibilities towards the society and the planet. In this context;
- We have made our code of conduct and sustainability policies publicly available.
- We have a zero tolerance policy in place to fight against bribery and corruption.
- We work with supply chain partners who respect ethical values and human rights.
- We fully comply with national and international regulations concerning flavours and food.
- Our production operations are carried out in accordance with food safety standards (BRCGS, AIB, etc.).
- We regularly monitor changes in legislation and update our systems accordingly.
- We strive to develop collaborations with our stakeholders in line with sustainability principles.
- We regularly evaluate expectations regarding sustainable products with our customers.
- We give priority to develop environmentally friendly and innovative flavour solutions in our R&D activities.
- We respect fair competition and intellectual property rights in the industry.
- We aim to periodically publish sustainability reports that meet the GRI (Global Reporting Initiative) standards and include data on our sustainability performance.
- We have an integrated risk management system in place which addresses operational and corporate risks.
- We set sustainability goals at the management level and include them in performance measurements.
- We monitor sustainability indicators such as carbon footprint, energy efficiency and waste management.
- We align our activities with the United Nations Sustainable Development Goals (SDGs).