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
Within NS, the Corporate Governance Code is embedded in the regulations for the Executive Board, the Board of Commissioners, the Audit Committee, the Compensation Committee and the Nomination Committee, as well as the NS Code of Conduct and its Integrity Reporting Scheme. As NS is not a listed company, nor does it have a one-level management structure, the Corporate Governance Code does not apply to some aspects 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 on a monthly and quarterly basis.