Enagás receives AENOR’s highest recognition for governance

11 April 2024


  • The energy company receives the Good Corporate Governance Index 2.0 certificate, demonstrating the strength of its corporate governance model and its commitment to transparency


The CEO of Enagás, Arturo Gonzalo Aizpiri, has received the AENOR Good Corporate Governance Index certificate, which covers the latest trends and best practices in international governance. The certificate was presented by the CEO of AENOR, Rafael García Meiro.

The audit carried out for the award of this certificate has endorsed Enagás’ good practice in this area, emphasising the robustness of its corporate governance model, as well as the quality and accessibility of the information published on its corporate website, in line with its commitment to transparency. Over the years, the company has built up a solid corporate governance structure.

Both the Board and the Committees of the company follow best practices in terms of composition and functioning, with separate Executive Director and Chairman of the Board, a female independent Lead Director and committees chaired by independent directors. The Board's remuneration policy has been developed in line with long-term objectives and best corporate governance practices.

Enagás, with a majority of independent directors, is committed to diversity. In 2022, the company anticipated the CNMV’s Good Governance recommendation and since then its Board of Directors has been made up of 40% female directors. In addition, the General Meeting of Shareholders maintains the number of members of the Enagás Board of Directors at 15, thus complying with the current recommendation of the CNMV’s Good Governance Code.

Version 2.0 of AENOR’s Good Corporate Governance Index measures the degree of compliance of companies in terms of governance, taking into account 7 variables: the Composition of the Board, the Functioning of the Board, its Committees, Remuneration, the General Meeting of Shareholders, Transparency and other aspects of corporate governance and Compliance. These variables include indicators that are scored until a final score is established in which Enagás has obtained the “maximum recognition”.

In the words of Enagás’ CEO, Arturo Gonzalo Aizpiri, “for Enagás, obtaining the highest score (G++) in the Good Corporate Governance Index certification is recognition of the company's long-term commitment to Corporate Governance”. 

For his part, the CEO of AENOR, Rafael García Meiro, wanted to “recognise the commitment to the ESG strategy being developed by Enagás. Society asks companies to act with values and at AENOR we translate these values into specific, auditable and certifiable processes. Good governance needs to be well explained to non-specialist audiences; this certification points to companies like Enagás that are at the forefront of good corporate governance practices”. 


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