Marfrig´s Corporate Governance Practices
The guiding principles of the corporate governance of Marfrig Global Foods are based on best practices in the industry. The group is firmly committed to transparency, providing an accurate account of its activities and the equitable treatment of shareholders, partners and employees.
As a listed corporation, the Group complies with the rules of the Securities and Exchange Commission of Brazil (CVM) and the Novo Mercado Listing Regulations of the BM&FB ovespa - Securities, Commodities and Futures Exchange, and also observes the recommendations issued by the Brazilian Code of Corporate Governance Best Practices published by the Brazilian Corporate Governance Institute (IBGC).
In 2013, Marfrig Global Foods placed first in the Corporate Governance Index (IGC), an unprecedented ranking published by the magazine América Economia and produced by Delta Economics & Finance The main factor highlighted by the magazine was the fact that Marfrig has independent advisory boards formed by external consultants. The various different governance levels work to ensure the fulfillment of the Group’s commitment to ethics and to ensure that the organization remains effectively aligned with its values, mission and vision.