Our governance framework continues to evolve in line with the company’s growth and international presence.
In conjunction with the transaction, in which Tower Brook Capital Partners and Long Path Partners became large shareholders in ECIT, the Board of Directors was expanded to nine members, bringing additional expertise and international perspectives into the Group’s strategic oversight. Of the nine members, one is female, reflecting the current composition. Board governance remains active and engaged. In 2024, the Board of Directors held regular meetings, with an attendance rate of 92%.
ECIT’s Code of Conduct (CoC) continues to serve as a foundation for responsible behaviour across the Group. The focus remains on embedding the principles of integrity, fairness, and accountability in all parts of the organisation. Recognising the role of awareness in risk mitigation, we continued the compliance training programme launched in 2023. The programme targets critical topics such as anticorruption, human rights, and ethical business conduct. It now forms a standard component of both onboarding and ongoing employee development across our entities. We maintain compliance with the Norwegian Transparency Act, which requires due diligence related to human rights and working conditions in the supply chain.
ECIT has established internal routines and governance processes to meet the Act’s requirements across the Group and relevant subsidiaries.
Our whistleblower channel remains open to internal and external stakeholders, providing a secure and confidential way to report serious concerns. In 2024, no cases were reported through the system.
