Pillar 5: Leadership and Governance
Leading by example. Setting a governance framework.
The common denominator of all thriving companies is leadership. Our CEO, Michele Sioen, “captain of industry » and co-owners Danielle and Pascale Sioen, lead the company to success. They always emphasize that doing so is a team-effort and they surround themselves with capable enthusiasts.
The common denominator of all thriving companies is leadership. Our CEO, Michele Sioen, “captain of industry » and co-owners Danielle and Pascale Sioen, lead the company to success. They always emphasize that doing so is a team-effort and they surround themselves with capable enthusiasts.
Our ambition
In their interactions, both as individuals and as a company, the Sioen family hold high standards that are formalized in charters and ethical codes. Sioen wants to set the standard in leadership and governance. We set a framework that acts as a system of principles, policies, procedures, responsibilities and accountabilities. We ensure transparency that keeps the interest of all stakeholders safeguarded.
Corporate Governance
Sioen has set a framework that defines the business relationships that exist between all stakeholders. We’ve development policies that are enforceable and applied consistently throughout our business dealings. Our corporate governance influences how our business objectives are set and achieved, how risks are monitored and assessed, and how our internal performances are optimised.
Risk Management
At Sioen, our strategic risk management aims to identify, assess, and prepare for potential losses, dangers, hazards, and other harm that may interfere with our operations. We also have “stress tests” in place. By identifying and proactively addressing these risks and opportunities, we protect and at the same time create value for our stakeholders.
Business ethics
In business dealings, Sioen acts as a responsible citizen would do. As a family business, where high values are held in high esteem, this always has been natural and went without saying. In order to raise awareness and to align every party involved with Sioen, we establish formal business ethics, promoting our values and integrity among all our stakeholders. Formalising our business ethics, drives our employee behaviour.
Purpose: To protect people, property and planet.
Our purpose statement "To protect people, property and planet" is a sentence that describes our company's focus in a few simple words so that it's clear for all stakeholders (employees, customers, suppliers or any other). Our purpose statement describes the overarching reason why our company exists, how we should conduct ourselves and the impact we have. We use our purpose statements to help drive our mission and goals.