Corporate Governance Guidelines

It is aimed at assisting managers and boards to meet their corporate governance obligations. Companies need to comply with or explain deviations from the Guidelines.

Issuer name

Chamber of Commerce

More information

Chapter 2 requires the company Board to set a policy for social responsibility for the Company and a written code of ethics for the Company’s Board members, its managers and employees. The Guidelines expect a separate chapter in the annual accounts or Annual Report with a statement on the company’s governance (section 6.1.1). The statement shall include, among others, details of the Company’s policy on social responsibility and ethical standards.

Reporting resources

True

Comply or explain

True

Organizations covered by the instrument

Large private and listed companies

Target organization notes

PIEs

Industry scope

All/none specified

Disclosure venue

Annual Report

ESG coverage- G (Governance)

All

Status

Current

Country

Iceland

Region

Europe

Date of publication

2015

Issuer type

Industry bodies, business associations

Reporting requirements

Guidelines and standards for non-financial reporting

Mandatory or voluntary

Mandatory

The geographical scope

National/federal

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