According to IBGC (Brazilian Institute of Corporate Governance), Corporate Governance is the system by which companies are managed and monitored, involving the relationships between shareholders, the Board of Directors, the Executive Board, independent auditors, and the Fiscal Council. In order to increase the value of a company, facilitate its access to capital and contribute to its longevity, good corporate governance practices are designed.
CCB Brazil's business management model is in line with the best standards of business excellence. The main objective of the model is to create value for the shareholders of CCB Brazil, based on sustainable development. CCB Brazil maintains its focus on transparency in its operations, financial discipline, with strong control over operational risks, internal controls, and alignment of interests between shareholders and managers.
In order to aim at the continuous integration of interest groups, Corporate Governance comprises a set of responsible management tools that must be approached proactively. This characterizes the organization since its foundation: transparency.
Through transparency, CCB Brazil seeks to create a lavish environment for business sustainability, perform analysis, and preserve reputation, risk reduction, investment projection, and the opening of new markets.
In addition to transparency, other principles that guide CCB Brazil's activities are equity, accountability, and social responsibility.
CCB Brazil promotes sustainable development by supporting customers, shareholders, employees, and society to generate and distribute wealth, create jobs, and grant credit operations committed to social and environmental aspects. The Bank analyzes the socio-environmental risks involved in financing and programmed actions to identify these risks and train employees in this important matter.
Equity is defined by the fair and equal treatment of all minority groups, whether capital or other "stakeholders" (stakeholders), such as employees, customers, suppliers, or creditors.
Accountability means that the management of a company must be accountable to those who elected it and be responsible for its actions.
Adopting social responsibility policies means, for CCB Brazil, to ensure the Organization's longevity. CCB Brazil follows the IBGC guidelines and incorporates social and environmental considerations in the planning and exercise of its activities.
CCB Brazil is continuously concerned with improving its internal controls, which is why it has made significant investments in the technological updating of systems in recent years. There is a risk management department, which remains aligned with the internal audit department, to assess the quality and effectiveness of internal controls constantly. The businesses are marked based on the possibility of events that may affect the results of CCB Brazil and quantify their impact in the event of failure of the controls