CORPORATE GOVERNANCE AS A DRIVER OF SHARED VALUE
Governance is the foundation on which we build trust, sustainability, and long-term competitive advantage.
Our Governance Philosophy
Our governance structure goes beyond regulatory compliance. It is designed to protect our investors’ interests, strengthen trust with issuers, and ensure that every decision contributes to our mission of investing to improve lives and protect the planet. Our model is grounded in independent oversight that reinforces transparency, ethics, and shared value.
Transparency
Ethics
Sustainability
Shared Value
Corporate Governance Structure
Key Governance Bodies
Shareholders’ Meeting
The highest body for strategic decision-making.
Board of Directors
Six members, five independent. Responsible for strategic vision, ESG review, risk oversight, and impact management.
Executive Management
Executes under Board guidelines. CEO and national executives with a clear mandate and succession plan.
Committees
Internal Audit
Committee
Enterprise Risk Management Committee
Investment
Committee
Technology
Committee
Governance
Committee
Human Talent
Committee
Our Governance Philosophy
At Capital + SAFI, we understand governance as a strategic tool for advancing sustainability and creating shared value. We have adopted an integrated model based on three core functions—oversight, implementation, and control—which enables us to manage environmental, social, and governance (ESG) impacts effectively.
The Board of Directors plays an active role in overseeing these matters, supported by the Risk and Investment Committees, which review material issues and provide a specialized technical perspective. Through regular reporting, we promote informed decision-making aligned with our strategy, our values, and a long-term vision.
Climate-related risks and opportunities are discussed by the Board of Directors and its committees.
• Climate change is integrated into the company’s strategic framework.
• There are two climate task forces: one for investments and one for operations.
Governance in Action
Capital + SAFI has institutionalized a robust climate governance framework based on TCFD standards, where:
Capital + SAFI has a robust climate management structure that assigns clear responsibilities from the Board of Directors down to the technical teams. This model ensures the effective integration of climate-related risks and opportunities into both the investment strategy and operating model.
The Board of Directors and the Committees oversee the climate strategy and review key metrics, targets, and risks.
Executive Management coordinates strategic monitoring and delegates day-to-day management to the investment and finance leads.
Area Managers implement policies, ensure the necessary resources are in place, and report progress or deviations.
Climate Task Force teams analyze risks and opportunities across investments and operations.
Risk Management and Internal Audit ensure control, coordination, and independent assessment.
This model ensures effective climate governance, aligned with sustainability and the creation of shared value.
Ethics
Code of Ethics: Applies to all employees and directors. Anonymous whistleblowing mechanism and organizational ethics framework. Zero cases of corruption, fraud, or workplace harassment in 2024. Regulatory fines disclosed transparently.
Security and Privacy
Alternate Data Processing Center (CPDA) infrastructure. Access is controlled through VPN, MAC-based controls, MFA, and robust internal policies. Zero incidents of data loss or cyberattacks in 2024.
Commitment to Continuous Improvement
Governance as a Growth Strategy
Capital + SAFI’s governance strategy reflects our commitment to innovation, ethical leadership, and sustainable success. By prioritizing transparency, sustainability, and the creation of shared value, we continue to set milestones of excellence in the asset management industry. Learn more about our model in the Harvard Business School case study.
