CORPORATE GOVERNANCE
Our corporate governance policies and practices enhance our accountability, integrity and transparency. Bunge's board of directors promotes both legal compliance and the highest standards of honesty and ethical behavior throughout our company.
Our board's Corporate Governance and Nominations Committee is responsible for monitoring, advising and making recommendations to the Board with respect to the law and practice of corporate governance and the duties and responsibilities of directors of public companies, as well as overseeing our corporate governance initiatives and related policies.
To maintain objective oversight of management, the board consists of a substantial majority of independent directors. The directors meet in regularly scheduled executive sessions presided over by a lead independent director without management present, and the board's committees are composed solely of independent directors. Independent directors meet stringent definitions of independence that limit their past employment with Bunge, compensation arrangements and business transactions with Bunge.