Strong and effective corporate governance is critical to protect shareholder rights, to maximize shareholder value, and to build investor confidence.
The Westport Fuel Systems Board of Directors is committed to upholding the highest standards of corporate governance and fulfilling its duties of stewardship and accountability.
Corporate governance encompasses our commitment to a culture of integrity and ethical and sustainable business practices. We believe that effective corporate governance is vital to the continued and long-term success of Westport Fuel Systems and contributes to maximized shareholder value over time.
Our corporate governance commitment includes the following key objectives:
- To satisfy prospective investors, directors, strategic partners, employees, customers, suppliers, regulators, and the public that Westport Fuel Systems governance standards and practices are sound, transparent, and characterized by integrity;
- To demonstrate to stakeholders that Westport Fuel Systems is committed to integrity through ethical, trustworthy, and effective business practices;
- To promote high levels of individual and organizational performance and accountability;
- To maintain a robust corporate governance framework which ensures diligence in identifying and addressing matters with a focus on continuous improvement;
- To communicate corporate governance practices in the most relevant and user-friendly framework as possible, consistent with best practices in the field.
The governance documents below provide further insight into our corporate governance policies and practices.
