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COSCO Sets New Standards for Independent Directors
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COSCO Sets New Standards for Independent Directors

COSCO SHIPPING Energy Transportation Co (HK:1138) has released an update.

COSCO SHIPPING ENERGY TRANSPORTATION CO., LTD. aims to enhance its corporate governance and board functionality by introducing a set of rules for the work of independent directors. These regulations are designed to ensure independent directors’ operational independence from the company and its major shareholders, thereby safeguarding minority shareholder interests and promoting standardized company operations. Eligibility criteria for independent directors include legal, accounting, or economic expertise, with an emphasis on integrity and a commitment to dedicating sufficient time to their responsibilities.

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