Corporate governance

ICL operates according to advanced corporate governance principles.

For example, the Company enforces a clear separation between the functions and responsibilities of the Board of Directors and those of the Company’s officers that are not Directors. The Company has established control mechanisms at the management level, and an auditing mechanism in the field.

As part of its implementation of a Group-wide Code of Ethics, ICL companies operate hotlines that enable employees to establish direct contact with internal auditors and Code of Ethics managers, expediting their reporting of any issue or event which they believe may be improper or illegal. 

ICL integrates quality management systems into many areas of its operations. It believes that these systems contribute to the improvement and streamlining of processes and performance, and that they reduce risk. 

ICL supports and affords high importance to the continuous learning of its employees and management, and encourages them to play an active role in relevant professional associations in Israel and other countries. 

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>