At Prudential, we believe that a solid foundation of good corporate governance and business ethics significantly contributes to our company's ability to compete effectively and realize our full value potential. For our Company, this means leadership by a management team of uncompromising integrity under disciplined oversight from our Board of Directors, a commitment to shareholder and stakeholder engagement, and creation of sustainable value through business fundamentals, corporate social responsibility and environmental stewardship. Prudential released its most recent sustainability report designed to communicate our commitments and activities in a clear, consolidated way. The Board has adopted Corporate Governance Principles and Committee Charters to guide its oversight and independent governance leadership. Appropriate risk management, dedication to talent management and succession planning, executive compensation tied to performance of the Company's core businesses and long-term shareholder interests, and a commitment to strong and sustainable governance practices are hallmarks of the Board's stewardship on behalf of shareholders and stakeholders.
Directors and company officers play an essential role in establishing and maintaining the standard of a company's corporate governance. Corporate governance is a driver of the operations and performance of a company. The term 'corporate governance' is broad and has many components including relationships between stakeholders, frameworks, decision making and responsibility. ASIC provides guidance to assist individuals and responsible entities to comply with their obligations, make good decisions and act in the best interests of investors. We regularly engage with stakeholders on corporate governance-related issues through articles in external publications, speeches at events and the publications of reports, regulatory guides and information sheets. Regulatory and best practice guidance in relation to matters of corporate governance can also be found at:.
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