Dietsmann N.V. is a privately held company with its Group Holding offices in Breda, the Netherlands. Dietsmann operates in an international environment. Its major customers are large multinational companies listed on the world’s most reputable stock exchanges. These companies are subject to high standards of Corporate Governance and expect their business partners to apply these same high standards.
Dietsmann’s management fully acknowledges the importance of good Corporate Governance and has developed procedures and activities to apply good Corporate Governance as appropriate for the Dietsmann Group.
The Dutch Corporate Governance Code
The Dutch Corporate Governance Code (the ‘Code’), published by the Dutch Corporate Governance Committee on 9 December 2003, contains principles and best practice provisions for Management Boards, Supervisory Boards, shareholders and General Meetings of Shareholders, as well as for financial reporting, audits, disclosures, compliance and enforcement standards. The Code is based on internationally-recognized standards of good Corporate Governance. Although the Code applies only to Dutch companies listed on a stock exchange recognized by the Government, and therefore not to Dietsmann, the Management Board and Supervisory Board use the provisions of the Code as a reference for the development and implementation of good Corporate Governance for the Dietsmann Group.
Sets of regulations with regard to the division of duties and procedures were adopted in 2007 for the Supervisory Board, its Audit, and Selection, Appointment & Remuneration Committee and for the Management Board. These regulations are published here, also in accordance with the principles of the Code.
Dietsmann NV Supervisory Board Regulations
In 2007 the Management Board adopted a set of regulations incorporating the best practice provisions as laid down in the Dutch Corporate Governance Code:
Dietsmann NV Management Board Regulations
Experienced Management Team
Dietsmann has considerable competence in the Operation & Maintenance of oil & gas, conventional and nuclear power generation, and mining facilities. All the Company’s Managers have extensive experience and expertise in all segments of Dietsmann’s activities. The management team comprises highly educated and experienced professionals of various nationalities. There is excellent interaction between the many different nationalities and cultures at all staff levels. This is due to a strong company culture that fosters the values of mutual respect and teamwork. As a result, management is able to communicate and successfully implement the Group strategies of focusing on core activities, core clients and core countries.
The Company has a two-tier board structure consisting of a Management Board (raad van bestuur) and a Supervisory Board (raad van commissarissen). The Company is not subject to, nor likely to become subject to, the large company regime (structuurregime) as referred to in paragraph 6 of section 4 of book 2 of the Dutch Civil Code.
Access to the Dietsmann NV Annual Report(s) is restricted. If you wish to ask to access the report(s), fill in the form below. Please be informed that access will not be automatically granted and that we reserve our right to reject your request. If you do not receive an answer within two weeks, please consider your request as not granted.
The Management Board is responsible for the day-to-day management of the company’s operations under the supervision of the Supervisory Board.
The Management Board is accountable for the development and execution of the company’s strategy and for achieving the strategic goals. The Management Board is required to keep the Supervisory Board informed, to consult with the Supervisory Board on important matters and to submit certain important decisions to the Supervisory Board for its approval.
The Supervisory Board is responsible for supervising the conduct of and providing advice to the Management Board and for supervising the Company’s business in general.
In performing its duties the Supervisory Board is required to act in the interests of Dietsmann’s business as a whole. The members of the Supervisory Board are not authorized to represent the Company in dealings with third parties. The Supervisory Board appoints from among its members a Chairman and may appoint one or more Vice-Chairmen from among its members. The present Chairman is Mr. Jonkman.
Supervisory Board Committees
In full accordance with the Dutch Corporate Governance Code, the Supervisory Board is supported by two committees, consisting of members of the Supervisory Board: an Audit Committee and a Selection, Appointment & Remuneration Committee.
Chairman – Andre Jonkman
Member – Ondine Smulders
Selection, Appointment & Remuneration Committee:
Chairman – Andre Jonkman
Member – Anouschka Kutemann
Dietsmann has also established a Health, Safety, Environment & Quality (HSEQ) Charter, which governs the HSEQ policies and rules and serves as a reference to our HSEQ commitments.
In all its activities, Dietsmann’s HSEQ objectives are clear:
Ensure the safety of our employees and contractors
Protect the environment
Business Ethics Charter
Dietsmann is committed to:
- Never using or supporting child labor and/or forced labor.
- Opposing any form of discrimination or harassment and promoting diversity and mutual respect in the workplace. The use of corporal punishment, mental or physical coercion, or verbal abuse is strictly prohibited.
- Ensuring equal opportunity and freedom of association and promoting personal and professional development.
- Complying with applicable laws on working hours and ensuring that wages comply with applicable (local) regulations and meet the basic needs for living.
- Involving all required means to provide a healthy, safe and secure workplace environment.
- Operating in accordance with its main stakeholders’ expectations including those related to society and the natural environment and implementing a responsible use of material resources with the aim of achieving sustainable growth that respects the environment and the rights of future generations.
- Ensuring the confidentiality of employees’ and customers’ data.
- Complying with international trade laws, immigration laws and regulations.
- Ensuring every employee feels responsible for applying and promoting Dietsmann’s Business Code of Conduct and Ethics Policy within the Dietsmann sphere of influence.
- Encouraging proactive behavior: each one of us shall remain vigilant and report any violation of fundamentals rights and ethics principles following our “up-stream communication” procedure.
- Establishing and maintaining appropriate procedures for the evaluation and selection of business partners based on their commitment to ethical, social and environmental accountability and their involvement in imposing this commitment on their own business partners.
- Ensuring good governance management.
Dietsmann is dedicated to making a continuous effort to increase awareness of health, safety and care for the environment in the energy industry.
Information systems and applications play a critical role in Dietsmann’s business activities. In view of Dietsmann’s global presence and decentralization, it is important that common rules and policies are applied Company-wide.
Dietsmann requires its business partners to adopt the principles of its ethics charter, to comply with its commitments to the United Nations Global Compact and to promote these principles and commitments in terms of human rights...