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Company Profile

Corporate Governance at Shikun & Binui

As a publicly traded company, whose shares and securities are registered for trade on the Tel Aviv Stock Exchange, Shikun & Binui operates in accordance with advanced principles of corporate governance, which ensure transparency and sustain the confidence of stakeholders and financial markets in the Company's proper conduct.

Corporate governance at Shikun & Binui means a totality of processes, policies, institutions, means of control, procedures and rules, pursuant to which the Company's operations are managed and supervised.

The Company's management procedures include relating to all its stakeholders - shareholders, management and Board of Directors, employees, suppliers, customers, regulators, banks and other accompanying entities, the business environment and the community in which the Company operates.

 
The Company's Board of Directors
 
Shikun & Binui's Board of Directors serves as the entity that formulates the Shikun & Binui Group's strategy, outlines its policy, manages its risks and supervises the activity of the Company's management.

The directors on the Board of Directors have professional experience, knowledge and skills in the Company's fields of activity. The Company's Board of Directors is comprised of nine directors, including the Chairperson of the Board. Three of the directors are independent directors, two of whom are external directors.

Click here for the List of Members of the Board of Directors

The Board of Directors performs its above-described roles and responsibilities, inter alia, by means of committees to which it appoints members from among the members of the Board of Directors. The board committees play a significant role in supervising the activity of the Company's management.

Shikun & Binui's Board of Directors has six committees:
  • Audit Committee
  • Finance and Financial Statements Examination Committee
  • Compensation Committee
  • Sustainability Committee
  • Corporate Governance Committee
  • Human Resources Committee
 

The Company's Management
 

 
The Code of Ethics
 
Shikun & Binui's Code of Ethics reflects the guiding values and principles to which the Company is committed. The Code of Ethics presents the rules of conduct expected of all of the Company's employees, managers, directors and anyone acting on its behalf. The Code of Ethics is available in 11 languages and the Company's employees and managers are expected to review it, be familiar with it and act in line therewith.

Click here for the Company's Code of Ethics

The Code of Ethics relates to a broad spectrum of topics, including, inter alia, sustainability; commitment to comply with the law; prevention of conflicts of interests; prohibition of the use of inside information; commitment to preserve safety; prohibition of corruption and bribery; conduct vis-à-vis colleagues, suppliers and customers; prohibition of sexual harassment and discrimination; antitrust; and more.

In order to ensure that the Company's employees and managers are familiar with the Code and understand it, a Code of Ethics handbook was distributed to all of the Company's employees, the Code was published on the Company's portal and on the Company's public website, and the Company also holds training sessions and circulates updates on the matter.