Principles

header corporate governance

Building Trust and Sustainability

Transparency is a fundamental pillar at Villares Metals, essential for building trust among all stakeholders. This involves clear and accessible disclosure of information about operations, decisions, and performance, ensuring that everyone is informed and aligned with the company’s objectives, from shareholders to operations in Brazil.

Organizational Structure

  • Quarterly meetings of the Management Board for accountability and future strategy definition.
  • Quarterly Leadership Meetings to share challenges and relevant data with the leaders.
  • Biweekly meetings of the Local Board of Directors with the company’s top management for information alignment and quick decisions.
  • Weekly internal newsletters to keep all employees informed.

Corporate Responsibility

Villares Metals promotes a culture of integrity, ethics, fairness, and equality, following the best practices of Corporate Governance. Governance management aims to ensure the company’s longevity and stimulate the socioeconomic progress of the regions where it operates.

Risk Management and Resilience

Villares Metals manages business threats through

  • Monthly Meetings: Establish action plans, deadlines, and responsibilities based on risk assessment.
  • Monitoring: Compares the progress of planned actions and takes corrective measures as necessary.  
  • Transparency: Open communication during crises increases resilience and facilitates proactive management of challenges.  
  • Annual Review: Independent annual audit of financial statements by PricewaterhouseCoopers Brasil Ltda, following international standards and current legislation.