Mindtree believes good corporate governance is a key driver of sustainable corporate growth and long-term shareholder value creation. Good corporate governance is about enhancing value for all our stakeholders. We are committed to adopting global best practices in corporate governance and disclosure.
Ethical business conduct, integrity and commitment to values, which enhance and retain stakeholders' trust are the hallmarks of good corporate governance.
Mindtree and its employees (Mindtree Minds) are guided by its values: collaborative spirit, unrelenting dedication and expert thinking.
These values are core to us and are integral to every aspect of our work. We believe that integrity is a core attribute of being socially responsible. A Mindtree Mind is expected to adhere to the highest standard of integrity. We have a clearly articulated Integrity Policy which is applicable to all Mindtree Minds globally. All Mindtree Minds, irrespective of level, role and location are bound by it.
In the conduct of Mindtree's business and our dealings, we abide by the principles of honesty, openness and doing what is right and fair. These are the principles that guides our behavior at all times.
Following are the salient features of our corporate governance philosophy:
The 3-tier corporate governance structure at Mindtree includes:
Mindtree has a comprehensive code of conduct policy that sets broad direction for all business dealings. This encompasses specific guidelines on Information security, Third party relationships, Equal opportunity, human rights, breach in discipline and workplace etiquette. Additionally, the code of conduct bears linkage to three other policies, as described below.
Our shareholders appoint and authorize the Board of Directors to conduct business with objectivity and ensure accountability. Each Mindtree Mind is issued a booklet on the Integrity Policy. All Mindtree Minds, irrespective of level, role and location are bound by it.
We are committed to the prevention, deterrence and detection of fraud, bribery and all other corrupt and unethical business practices. It is our policy to conduct our business activities with honesty, integrity, and the highest possible ethical standards while vigorously enforcing our business practice of not engaging in bribery or corruption across our operations.
Mindtree has a robust Whistleblower Policy that establishes mechanisms to allow secured disclosures of incidents related to Corporate Governance, Related Party Transactions, Siphoning of funds, Noncompliance to the law of the land, Concealing legal mandatory disclosures, Breach of fiduciary responsibilities, Financial Irregularities, Sexual Harassment, Misuse of Intellectual Property, Breach of Integrity and any suspicious activity / event which indicates a potential threat to the security of Mindtree’s assets and employees