As a large company with an important civil role in Dutch society and with the Dutch State as the only shareholder, we are keen to underline the importance of openness and transparency. While not a listed company, NS voluntarily abides by the Dutch Corporate Governance Code.
Corporate Governance at NS
At NS, the Corporate Governance Code is embedded in the regulations used by the Board of Directors, the Board of Commissioners, the Audit Committee, the Remuneration Committee and the Nomination Committee, in a behavioural code and in a whistle blower policy that is part of that. Because NS is not listed and does not have a one-tier structure, the Corporate Governance code is not applicable to some parts of the company.
Risk and risk management
Risk management and internal monitoring gives the Board of Directors insight into the status and the development of the management of risks to NS.
On behalf of the Board of Commissioners, the Audit Committee is directly responsible for the supervision of the external accountants work.
Transparent about our performance
NS accounts for its performance monthly and quarterly