Сorporate governance is the set of processes used to manage and control its activities in the interests of shareholders. These processes include the relationships between the Company's shareholders, Board of Directors and executive bodies. The Company considers corporate governance as a means of improving its efficiency, enhancing its reputation and increasing market capitalization.
Inter RAO is on a pathway towards improvement and bringing its system of corporate governance in line with international best practice. The Company realizes that an effective and transparent system of relations between its management, investors, shareholders and stakeholders is a competitive advantage in business that will boosts its attractiveness to investors, reduce borrowing costs and, as a result increase market capitalization.
In December, 2017 ISS Corporate Solutions, an independent company that exercises proxy analysis & recommendations for voting at the General Meeting of Shareholders of PJSC Inter RAO for foreign shareholders and investors, has assigned the corporate governance system of PJSC Inter RAO the highest Governance QualityScore - 1.