Governance

Structured and transparent corporate management

As a listed company, transparency is a central to how we manage and operate our company. We ensure openness by practising active and open communication with our stakeholders and following established governance frameworks that guide our organisational structure and management practices. 

Our approach to corporate governance is based on the governance codex established by the Danish Committee on Corporate Governance. Furthermore, we incorporate recommendations from our proxy advisors and various international rating agencies into our practices. 

Governance at Modern Cloud Cargo builds on solid internal and external processes, ensuring accountability for our activities. These processes are anchored at our highest management levels with the Board of Directors, Board Committees and Executive Management.

Governance as the basis for our sustainability strategies

At Modern Cloud Cargo, we work consistently to integrate and anchor sustainability within our management structures, compliance frameworks and business activities. 

The Board of Directors is responsible for setting the overall direction of our sustainability agenda. This includes the transition plan for climate mitigation. It shapes our strategy and established the targets in close alignment with the Executive Board. Our Audit Committee supports the Board of Directors by monitoring regulatory compliance, corporate reporting, and risk and control frameworks, ensuring that our business operations adhere to all necessary requirements.  

The Sustainability Board consists of the Executive Board and other relevant management representatives and is chaired by our Group CEO. Its primary role is to support the strategic sustainability initiatives implemented by the Board of Directors and Executive Board. Additionally, the Board facilitates double materiality assessments, guides the direction of our activities, and monitors performance against our established targets.