ESG at RINA: Governance

RINA consists of the parent company, RINA S.p.A., which is the holding group controlling the main sub-holdings RINA Services S.p.A. and RINA Consulting S.p.A. In order to ensure compliance with the applicable recognition, authorisation, notification and accreditation rules, including those relevant to the management of impartiality, the sub-holdings are subject to management and coordination by the holding group in the areas of finance, administration, strategy, organisation, management and business continuity. In contrast, technical and operational decisions remain under the exclusive responsibility of the sub-holdings and the companies under their control. 

The pillars of RINA’s governance model are: 

• Strategic direction and coordination are carried out by the holding group 
• Technical and operational activities are managed by the sub-holdings 
• Director positions in the holding group and sub-holdings are segregated
• Relationships, information flows and controls are properly managed 

The strict separation of duties between the governing bodies, along with an impartiality risk assessment to identify and manage impartiality and the risk of conflicts of interest in company relations, ensures compliance with the applicable impartiality rules. We have designed an organisational and governance model which over the years has been audited and approved by the strictest controllers, including the European Commission, the European Maritime Safety Agency, the Italian accreditation body Accredia, and many other accreditation bodies worldwide.