G4-41



  • ​Report processes for the highest governance body to ensure conflicts of interest are avoided and managed. Report whether conflicts of interest are disclosed to stakeholders, including, as a minimum:

    • Cross-board membership
    • Cross-shareholding with suppliers and other stakeholders
    • Existence of controlling shareholder
    • Related party disclosures


Align the definition of controlling shareholder to the definition used for the purpose of the organization’s consolidated financial statements or equivalent documents.

Definitions

References
  • Organisation for Economic Co-operation and Development (OECD) Principles, ‘Principles of Corporate Governance’, 2004.