A review and assessment of our Board of Directors is conducted annually, and Westport periodically reviews and rotates Board Chair and Committee Chair positions to ensure diversity of views.
female director representation, exceeding the Diversity Policy's 30% minimum and meeting the target commitment for three consecutive years
of directors are independent
An active ethics and compliance program includes regular employee ethics training, Code training, and certifications by employees. Thus, mandatory training on the Code occurs annually. All directors, officers, and employees must certify annually that they have read and understood the Code.
Basic anti-corruption training is a part of annual CoC training-this ensures that every person working with us, regardless of position, has up-to date knowledge on this important subject.
Moreover, every year, we provide a specific anti-corruption training to selected employees, which includes an in-depth two-hour training session for employees within specific higher risk categories.
We ensure that our trainings are as practical as possible. In 2022, we refreshed our anti-corruption training materials and launched an updated version to selected staff groups in November, with further training to continue globally throughout the entire Westport organization in 2023.
Our corporate governance encompasses Westport commitment to a culture of integrity, ethical, and sustainable business practices. We believe that effective corporate governance is vital to the continued and long-term success of Westport Fuel Systems, as well as various stakeholders, be it employees, investors, local communities, and many others.
See below a list of our policy commitments for responsible business conduct, based on authoritative intergovernmental instruments for responsible business conduct, including a strong commitment to respect human rights:
|Code of Conduct Anti-Corruction and Prvention of Bribery Human Rights Policy||