JBS’ corporate governance structure is responsible for the company’s investment strategies, guiding and monitoring the company’s relationship with its shareholders and other stakeholders, ensuring ongoing value generation and sustainable business development. All employees are advised to conduct themselves ethically, transparently and focus on results, in line with the company’s culture and Ethical Conduct Manual.
Board of Directors
The JBS Board of Directors has 8 members with a unified two-year term of office. Board members may be reelected and are responsible for defining policy, guiding business and strategy, monitoring company performance and supervising management.
The JBS Board is supported by six specific committees that assist with strategic business decisions:
Executive Committee:advises the Board on Company management, potential acquisitions, divestments, investments, joint ventures and strategic alliance proposals; and drawing up and revising an annual/multi-year budget and an annual investment plan, as well as providing general business guidance.
Sustainability Committee: identifies and deals with critical issues that pose a risk to or may have a significant impact on the company. It is also responsible for recommending and monitoring business sustainability policy and implementing strategy.
Audit Committee: is responsible for analyzing corporate financial statement rules, standards, disclosure procedures and transparency. It also assesses performance of internal control systems and internal and external audits.
Financial and Risk Management Committee: assists the Board and Statutory Management to analyze how the global economy affects JBS financial policy. It produces trends and scenarios to assess risks and create strategic opportunities for the company’s financial policy. It also improves market and credit risk management and control procedures as a means of reducing the risk of price variations while creating value for shareholders.
Governance Committee: will implement practices and policies based on the highest global standards of corporate governance and compliance. The committee has three members and is chaired by Tarek Farahat, JBS chairman.
Personnel Management Committee: proposes performance assessment criteria, compensation policy and implements meritocratic practices at all levels of the company. It also evaluates candidates for election to the Board of Directors.
(Português) CÓDIGO DE CONDUTA E ÉTICA
Lançamos o novo Código de Conduta e Ética da JBS e também o novo Código de Conduta para Parceiros de Negócio. Mais abrangente e mais fácil de consultar, o Código influenciará os nossos negócios no mundo todo.
O Código de Conduta e Ética atualizado reflete nosso compromisso de operar de forma íntegra e transparente. Conheça:
Confira também o Audiobook:
The JBS Ombudsman is an impartial, secure and confidential channel for any issues, in accordance with rights, legislation and JBS' policies.