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People & Culture
Governance
Our Governance is characterized by a steadfast commitment to ethical and responsible practices.
Corporate Governance
Our diverse range of activities at Korra Energi are overseen by a managing director who reports to the company board and shareholders.
To ensure the smooth functioning of the company's operations, we have established a network of committees, each provided with the necessary information flow to make informed decisions.
Furthermore, our highly skilled management team is committed to running the company in the most ethical and responsible manner. Read more about our governing committees and the ethical ways in which we conduct business.
Advisory Board
Advisory Board
Korra’s advisory board is composed of seven independent members out of nine, showcasing our dedication to upholding the highest standards of corporate governance. Our board members are highly experienced and renowned businesspeople who come from a variety of fields. With their expertise, the board provides unbiased strategic leadership to facilitate continual improvement and competitiveness.
View our Advisory BoardBoard Committees
Board Committees
The board provides strategic leadership to facilitate continual improvement and competitiveness, while also monitoring performance and providing guidance to ensure transparency and fair governance.
View our Board of CommitteePolicies and Guidelines
Policies and Guidelines
Company targets and goals are translated into policies, strategies, and procedures to establish the foundation for proper corporate governance and sound risk management.
Certificate of Incorporation / Code of Ethics and Business Conduct
Certificate of Incorporation / Code of Ethics and Business Conduct
Korra expects its employees to uphold the highest levels of ethical behavior and integrity. This is reflected in our code of ethical conduct, which includes the following principles:
- Building trust and credibility
- Respecting the individual
- Cultivating a culture of open and honest communication
- Complying with laws, rules, and regulations
- Promoting proper and fair competition
- Respecting proprietary rights
- Avoiding conflicts of interest
- Respecting data privacy and confidentiality
Family Governance
The Korra family has established a constitution emphasizing transparency and professional efficiency, with a focus on land reclamation and development, leadership in various industries, and sustainability.
The constitution includes their mission, vision, and values and allocates 35% of distributed profits to community and development projects.
It governs family relations and connections to the larger company family, empowering them to make a positive impact on the community. Two committees are in place to manage policies and funds for continuous development.