LEADERSHIP
Organization governance
Antolin is 100% owned by the Antolin family. A family business with a single shareholder, whose ownership is held equally by two family branches.
Antolin’s governance model has a Board of Directors and an Advisory Board, supported by delegated commissions, made up of executive and non-executive members and independent advisors.
Board of Directors
Ernesto Antolin
Chairman
María Helena Antolin
Vice-Chair
Ramón Sotomayor
CEO
Emma Antolin
Member of the Board of Directors and the Audit, and Appointments and Remuneration Committees, as well as Sustainability and Corporate Governance Committees.
Miguel Ángel Vicente
Member of the Board of Directors and the Sustainability and Corporate Governance, and Audit Committees.
Advisory Board
Milagros Caiña
Former member of the Executive Board of BMW AG, as head for Human Resources, Labor Relations, and Real Estate.
Macarena Cassinello
Director at Siemens Gamesa Renewable Energy, Business Expert at Palfinger AG.
Carmen Gómez de Barreda
Independent Director, Coordinating Director, and Chair of the Sustainability Committee of Red Eléctrica Corporación. Independent Director and Chair of the Audit Committee of Grupo Mutua Madrileña. Proprietary Director and Chair of the Appointments and Remuneration Committee of Hispasat.
Bernardo José Villazán
Director of the Chair of Connected Industry 4.0 at Comillas Pontifical University ICAI-ICADE.
Composition of the governing bodies in 2022:
> Scroll the table below to the right to see more info.
| Members | Independent | Executive | Non-executive | Men | Women | % Women | Average Age | Over 45 years | Spanish nationality | Average length of service | |
|---|---|---|---|---|---|---|---|---|---|---|---|
|
Board of Directors |
5 |
|
4 |
1 |
3 |
2 |
40% |
56 |
80% |
44% |
13 |
|
Advisory Board |
4 |
4 |
|
|
1 |
3 |
75% |
58 |
100% |
33% |
4 |
|
TOTAL |
9 |
4 |
4 |
1 |
4 |
5 |
60% |
55 |
89% |
78% |
9 |
Ethics and compliance
100%
100% of confirmed human rights claims resolved.
91%
of the workforce trained in the Code of Ethics (out of the target group based on proximity to the risk, cumulative to 2022).
+16,000
hours of training in ethics and compliance.
Risk management
The Board of Directors reserves the right to approve Antolin’s risk control and management policy.
Corporate risks
- Strategic risks
Related to objectives of the Strategic Plan. - Operational risks
Related to objectives linked to the effective and
efficient use of resources. - Reporting risks
Related to the reliability of the provided information. - Compliance risks
Related to compliance with laws and regulations.
Specific risks
- Corruption and money laundering.
- Human resources.
- Training.
- Health and safety.
- Environment.
- Suppliers.
- Human Rights.
- Social action and communities.
Risks related to climate change
Antolin has identified a series of risks related to climate change to which it may be exposed and has established a specific plan with the following measures:
01
To assess the company’s vulnerability to the impacts of climate change.
02
To reduce its exposure to physical impacts or strengthen its adaptive capabilities.
03
To mitigate their consequences on assets (buildings, equipment, etc.) and operations.
Investors
Rigorous and transparent flow of information. Antolin’s Investor Relations department is responsible for ensuring that the information provided to the market — mainly rating agencies, analysts, and institutional fixed-income investors— is conveyed fairly, symmetrically, and in a timely manner.
Recognition and increased ratings from the main ESG rating agencies: both Sustainalytics and Moody’s The ESG Solutions gave a better rating.
