Novotrade Invest AS is a petrochemical company and endeavor to follow the best corporate governance standards elaborated by international practice.
To achieve a high level of corporate governance and mutual understanding among all stakeholders of the company's owners, Novotrade Invest AS has developed a Code of Corporate Governance. This document is aimed at ensuring the effective shareholders rights and interests protection, transparency in decision-making, directors and members of the bodies of the Company management’s professional and ethical responsibilities, information transparency expansion in the Company, as well as ensuring effective control over its financial and economic activities. Compliance with the Code provides the Board of Directors, the Management Board, Chief Executive Officer and employees Novotrade Invest AS.
Integrated enterprise management system
The company has developed, documented, implemented, maintained and continually improved integrated enterprise management system (PMIS) - the main tool for checking policies and objectives in the field of quality and environmental protection established by senior management. PMIS includes a Quality Management System (QMS) and Environmental Management System (EMS). PMIS processes are defined, established their relationship and interaction, documented procedures, implemented, maintained in working order, the actions are performed by their continuous improvement, improve performance.