Governance 2010

During 2010, Yara continued to apply best practice corporate governance throughout the organization, which is one of the five core elements of the company's Leadership Agenda. Yara revised and enhanced the risk management system that was implemented in 2009, raising risk awareness across all business segments and expert organizations. Yara also implemented its Ethics Program, which is designed to strengthen the company's focus on ethical conduct and responsible business behavior. Roughly 80 percent of all employees participated in ethics training in 2010. Training sessions will continue in 2011, aiming to cover all employees.

Corporate governance

Yara pursues a stricter practice regarding corporate governance than mandated by law, guided by its Code of Conduct, which aims to ensure that all Yara employees act in a manner consistent with quality standards and business requirements.

Risk management

Yara's risk management is based upon the principle that risk evaluation is an integral part of all business activities, following established procedures for continuously monitoring primary risk exposures and assessing risk levels.

Investor Relations

Message from the CEO

In 2010, Yara achieved its best results ever, with a net income of NOK 8.7 billion after non-controlling interests. Yara’s production facilities ran at optimal capacity, as commodity prices rose sharply, particularly during the second half.

Board of Directors

Board members

Governance 2010

Corporate governance

Risk management

Message from the CEO

Board of Directors

Executive management

Download center