Governance
Sound governance and management systems enable a company to operate in a transparent and accountable way and to provide effective oversight of operations. High ethical standards – formalized in company policies and demonstrated by managers at all levels – help a company translate its aspirations into action.
The concept of governance has expanded beyond its traditional focus on fiduciary responsibility to shareholders to a broader focus on a company’s impact on the world and its responsibilities to diverse stakeholders. At Ford, this is reflected in our development and integration of sustainability structures, processes and management systems into the core business.