25
SEA
Good corporate governance is central
to Costa Cruises’ sustainable business
success and is strictly related to
promoting high ethical standards and
transparency in all Company activities,
safeguarding the interests of all our
stakeholders.
Costa Cruises’ corporate governance
system is based on international best
practices in line with the directives of
Carnival Corporation&plc.
The Company also has a
Business
Management Model
in accordance
withtheprovisionsof LegislativeDecree
no. 231/2001, which plays a part in
guaranteeing transparency values and
corporate accountability when dealing
with internal and external stakeholders.
In 2015 there were 4 management
review meetings held to discuss critical
issues and nonconformities, which
were dealt with in compliance with the
set procedures.
Governance system
In a global market like the cruise industry, vision,
efficiency and the capacity to invest in renewal of
the fleet and the product are key to a successful
sustainability strategy. For Costa Cruises, being part
of
Carnival Corporation
means having access to
financial resources, techniques and expertise that
only a large-scale enterprise can provide. The ready
availability of these kinds of capital, deployed in
the context of a model of development that also
capitalizes on inimitable Italian style and hospitality,
enables Costa Cruises to make the most effective
choices combining business and sustainability goals.
The resulting business setting guarantees
continuity
in terms of the creation of wealth
(cruise
industry and market) while working with a long-term
approach to the sustainable development of the
Company.
Vision - Carnival
Corporation