A reliable control of all company activities
Governance

Founded on the principles of integrity, respect and teamwork

PB Tankers believes in an efficient, open and sustainable system of Corporate Governance. The company focuses on the importance of clearly defining the values and principles to ensure that all Company activities are conducted in compliance with the standards of transparency and fairness and applicable regulations.

These values are set forth in the PB Tankers Code of Ethics, approved by the Board of Directors on 20 December 2013.

This document which contains the fundamental ethical principles and precepts followed by Company and which the Company is held to respect, has become an important tool to ensure effective and comprehensive management and guarantee a reliable control of the activities.

The Company has voluntarily applied the Legislative Decree no. 231 of 8th June 2001, and has formally adopted a structured system of procedures, rules and checks, as per Model of Organization, Management and Control (“ 231 Model”), in order to prevent and reduce the relevant risks.

The Company has elaborated the 231 Model with the aim of making its own organizational system complying with the requirements envisaged by the Law Decree 231/2001, based on the principles already rooted in its governance culture and with the guidelines issued by Confindustria and Confitarma.

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