Corporate Governance

Corporate Governance

The practice of Corporate Governance at Braskem is based on three points: ethics, transparency, and respect for Customers, Members, Shareholders, Suppliers, and all other stakeholders with which the Company relates. Since its founding in 2002, the Company has reaffirmed its commitment to aligning the interests of its Shareholders with ethical and competitive actions while adding value to its assets.

In its capacity as a Publicly-Held Company, Braskem has participated in the Level 1 Corporate Governance of the São Paulo Stock Exchange (BM&FBovespa) since 2003. Outside of Brazil, Braskem’s shares are also listed on the New York Stock Exchange (NYSE) and Latibex – the Latin American section of the Madrid Stock Exchange – and are, therefore, subject to the requirements of the respective regulatory agencies, namely, the Securities & Exchange Commission (SEC), in the United States, and Bolsas y Mercados Españoles (BME), in Spain.

Braskem was one of the first Foreign Private Issuers (FPI) in South America to meet, in 2005, the requirements of Sections 404 and 302 of the Sarbanes-Oxley Act (SOX).

Corporate Governance Principles

Corporate Governance Model

Code of Conduct

Braskem is committed to pursuing a transparent and responsible management. The practices are described in the Company’s Code of Conduct – a guide that sets out the principles, values and norms that guide the corporate conduct of the Members in both internal and external relations.

To learn more about the Code of Conduct, click here .

Ethics and Ethics Hotline

Created to record, investigate and promote decisions involving complaints of violation of the Code of Conduct, the Ethics Committee is a key tool to ensure compliance and the continuous improvement of Braskem’s processes and internal controls.

Complaints are made from the Ethics Hotline, a channel open to Members, Customers, Suppliers and other publics for the reporting of all irregularities in the Company’s processes. The complaints are anonymous and the facts are treated with complete confidentiality. All records are analyzed in a careful and responsible manner, contributing to transparent management and to a safer and healthier environment.

To contact the Ethics Line, click here .

Communication with the Market

Braskem has an open and continual dialogue with various segments of society and stakeholders. The Company also continuously communicates with the market through the following channels:

Public Commitment

In 2002, the same year of its foundation, Braskem issued a Public Commitment highlighting its sustainable performance and concern for the social and economic growth of the regions and communities where it operates.

To learn more, click here .