Governance / ESG

Lamar is committed to the highest standards of corporate governance and we operate within a robust governance framework.

We adhere to strict business standards and have principles deeply embedded within our corporate culture.

We have established a corporate governance system based on fundamental principles such as transparency and sustainability that reflect our shared values as company. This system consists of rules, procedures and organizational structures aimed at identifying, measuring, managing and monitoring the main risks that could affect the achievement of the company’s strategic objectives.

Our corporate governance code includes

Our responsibilities to stakeholders
Our approach to ethics and transparency
How we manage our workplaces
Our approach to managing environmental impacts
How we interact with and contribute to society
How we will conduct business with joint venture partners, contractors and suppliers

Our Directors, officers and employees are required to comply with all aspects of these principles in their work activities and in representing the company.

Commitment to Responsible Investment

VII Ventures responsible investment approach and commitment to its stakeholders, particularly in the investment and shareholder practices – the impact of environmental, social and societal risks on its portfolio companies and the value of the investment, and the impact of its portfolio companies on the environment and on various societal factors. These risks and the outwardness of the portfolio companies are assessed, in practice, throughout the investment cycle through the utilization of the VII Ventures methodology.

By becoming a signatory to the PRI, VII Ventures commits to integrating environmental, social and governance (ESG) considerations into its investment practices and ownership policies.

Principle 1:

We will incorporate ESG issues into investment analysis and decision making processes.

Principle 2:

We will be active owners and incorporate ESG issues into ownership policies and practices.

Principle 3:

We will seek appropriate disclosure on ESG issues by the entities in which we invest in.

Principle 4:

We will promote acceptance and implementation of the principles with the investment industry.

Principle 5:

We will work together to enhance our effectiveness in implementing the principles.

Principle 6:

We will each report on our activities and progress towards implementing the principles.

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