Good Governance

We want to be at the forefront of corporate governance best practices.

At Fluidra we aim to apply good corporate governance principles and financial and nonfinancial information with maximum rigor. We also follow the recommendations of different international organizations and initiatives to stay ahead of the good governance curve and work to demanding standards that cover our stakeholders’ needs.

• Assign general responsibility for ESG evaluation and management to senior management.
• Onboard ESG across corporate risk evaluation.
• Harness a corporate code of ethics applicable to all employees and suppliers, along with mechanisms to ensure compliance.
• Implement a confidential whistleblowers’ channel to report any breach of corporate policy.
• Evaluate our ESG performance with external qualifications and define continuous improvement goals.
• Check in on ESG matters with our stakeholders on a regular basis.
• Include ESG goals in bonus payments for senior management and other employees.
• Share knowledge with stakeholders and step up transparency around financial and nonfinancial information.
• Work toward the SDGs with other stakeholders and associations.

During 2021, progress has been made in the definition of short, medium, and long-term objectives to advance in the achievement of the Good Governance commitments set out in the ESG Master Plan. In the coming years we will report on progress in achieving these objectives, based on the data reported in 2020.

Short- to medium-term objectives:

• To triple the number of suppliers evaluated on environmental and social issues by 2021.
• Train at least 10% of our suppliers annually on human rights.
• Qualitatively assess all ESG risks by 2021.
• Ensure that 100% of employees are trained in accordance with the Code of Ethics by 2021.

Long-term objectives:

• Increase customer satisfaction ratings by 10% in 2025.
• Achieve a score of 80 out of 100 in the S&P ESG Evaluation by 2030 (69 points in 2020).