At TNB, our unwavering commitment to fostering Business Ethics, mitigating Corruption Risk Exposure, and addressing Controversies is deeply rooted in our core values. We take pride in our governance structure, which serves as the bedrock of accountability, transparency, and effective decision-making at every level of our organization. This governance framework is meticulously crafted to ensure responsible management, safeguard stakeholder interests, and uphold the highest standards of ethical conduct.
Upholding Excellence in Corporate Governance
Our commitment to excellence in corporate governance is reflected in the key elements of our strong governance structure:
Board of Directors
Comprising professionals with diverse perspectives, our Board provides strategic guidance and oversight, aligning every decision with TNB's mission, vision, and values.
Ethical Framework
We have established a comprehensive code of ethics that delineates expected behaviors and ethical principles for all stakeholders. This framework serves as a compass for decision-making, reinforcing our unwavering commitment to integrity.
Risk Management
With a well-defined risk management framework, we proactively identify, assess, and mitigate risks across the organization. This approach enables us to navigate challenges while maintaining operational resilience.
Setting Clear Limits of Authority
TNB has implemented a transparent system of limits of authority:
Delegation of Responsibilities
Decision-making authority is delegated based on roles, expertise, and levels of management, ensuring decisions are made with the appropriate knowledge and understanding.
Review and Oversight
Our framework includes regular reviews and oversight mechanisms to monitor the effectiveness of decision-making processes and ensure compliance with established guidelines.
Transparency
We emphasize transparent communication at all levels, fostering a clear understanding of decision-making responsibilities and facilitating smooth collaboration.
A Commitment to Sustainable Growth
At TNB, we firmly believe that a strong governance structure and well-defined limits of authority are indispensable for maintaining ethical standards, managing risks, and driving sustainable growth.