Governance

Our Governance

The Corporate Governance of Iren S.p.A. is the company's system of administration and at the same time, the tool developed for the creation of sustainable value.

In order to ensure consistency between conduct and strategies, the Group has created a system of internal rules that configures a Governance model based on the division of responsibilities. The methods of planning, management and control are entrusted to the guidance of the Board of Directors, the supervisory functions of the Board of Statutory Auditors and the statutory audit of the Independent Auditors.

Iren S.p.A. adopts a traditional system of administration and control, structured on a Board of Directors and a Board of Auditors appointed by the Shareholders' Meeting. Their respective duties and functions are outlined in the Articles of Association, the Corporate Governance Code, and the Regulations of the respective Bodies.

Board of Directors

Board of Directors

Board of Directors of Iren S.p.A.

The Board of Directors (BoD) is the central body in the corporate governance system of Iren S.p.A. and is vested with the broadest powers for the ordinary and extraordinary administration of the Company, which it carries out consistently with the Code of Ethics. The BoD evaluates the organisational and accounting structure of the Company and defines the system and rules of corporate governance.

Committees

Committees

Committees of Iren S.p.A.

In order to conform its governance model to the recommendations contained in the Corporate Governance Code, at the beginning of its term of office, the Board of Directors of Iren S.p.A. appointed three Board Committees.

Board of Statutory Auditors

Board of Statutory Auditors

Board of Statutory Auditors of Iren S.p.A.

The Board of Statutory Auditors is called upon to supervise compliance with the law and the Articles of Association and compliance with the principles of proper administration, as well as to monitor the adequacy of the Company's organisational structure, internal control system and administrative accounting system.

Independent Auditors

Independent Auditors

Independent Auditors of Iren S.p.A.

Statutory auditing is entrusted in accordance with the law to a registered statutory auditing firm. On the recommendation of the Board of Statutory Auditors, in its capacity as the "Internal Control and Audit Committee", the Shareholders' Meeting has appointed KPMG S.p.A. for the nine-year period 2021-2029.

Board of Directors of Iren S.p.A.

The Board of Directors (BoD) is the central body in the corporate governance system of Iren S.p.A. and is vested with the broadest powers for the ordinary and extraordinary administration of the Company, which it carries out consistently with the Code of Ethics. The BoD evaluates the organisational and accounting structure of the Company and defines the system and rules of corporate governance.

Committees of Iren S.p.A.

In order to conform its governance model to the recommendations contained in the Corporate Governance Code, at the beginning of its term of office, the Board of Directors of Iren S.p.A. appointed three Board Committees.

Board of Statutory Auditors of Iren S.p.A.

The Board of Statutory Auditors is called upon to supervise compliance with the law and the Articles of Association and compliance with the principles of proper administration, as well as to monitor the adequacy of the Company's organisational structure, internal control system and administrative accounting system.

Independent Auditors of Iren S.p.A.

Statutory auditing is entrusted in accordance with the law to a registered statutory auditing firm. On the recommendation of the Board of Statutory Auditors, in its capacity as the "Internal Control and Audit Committee", the Shareholders' Meeting has appointed KPMG S.p.A. for the nine-year period 2021-2029.

Meetings 

View documents related to the most recent Iren S.p.A. Shareholders' Meetings.

Financial calendar 

Must-see corporate events and announcements related to financial results.


Remuneration policies

The Iren S.p.A Group is committed to ensuring a remuneration system capable of guaranteeing constant alignment with international best practices, rewarding the achievement of economic-financial objectives consistent with the Company's strategic plan.

Internal control, risk management and compliance

Iren S.p.A. has adopted an Internal Control and Risk Management System (ICRMS) to manage and monitor major business risks. Numerous figures are involved, each with their own competencies.

Internal dealing

The Internal Dealing regulations pertain to the transparency of transactions carried out on the financial instruments of Iren S.p.A, by relevant persons or persons related to them, according to current regulations.

Corporate documents

Statuto

Report on Corporate Governance and Ownership Structures

Corporate Governance Code

Relazione sulla remunerazione 2022

Contacts

Corporate and Legal Affairs Director of IREN S.p.A.

Massimiliano Abramo

Corporate Head of IREN S.p.A. 

Susanna Austa