DEWA conducts routine review of its corporate governance system
Dubai Electricity and Water Authority (DEWA) recently conducted a routine testimonial of its company governance system to make certain that it is operating efficiently and effectively to attain its goals. This supports the instructions as well as plans of the federal government to enhance Dubai's location as an international center for trade, finance and also tourism, and establish it right into the most intelligent city worldwide. DEWA has actually been making use of an advanced administration system considering that 2008 to guarantee transparency and also liability baseding on world-class criteria of administration.
"In line with the Government of Dubai's vision to foster transparency within federal government divisions, enhance accountability, and boost government performance to more energy the advancement of the UAE, DEWA is committed to adopting the highest governance standards, as well as creating a government culture that promotes administration concepts based upon sustainability as well as innovation," stated HE Saeed Mohammed Al Tayer, MD & CEO of Dubai Electricity and Water Authority.
"DEWA recently performed a periodic testimonial of its business governance system to guarantee its performance, as part of its efforts to boost the efficiency and performance of its systems as well as operations. This is based on its dedication to the principles of excellence as well as continuous improvement," stated Al Tayer.
"DEWA's Corporate Governance System overview adheres to Dubai's strategic plan. It features performance as well as supervisory systems, details on great citizenship, plans on social as well as ecological responsibilities, a file-maintenance plan, and also information on the best ways to apply these policies in one of the most efficient means," included Al Tayer.
The modern administration system is based on transparency, integrity, justice, control as well as responsibility. DEWA guarantees that these are maintained by using ISO-compliant procedures that are closely monitored by the Internal Audit division, government auditors, and a corporate external audit carried out by a famous worldwide expert. The inner audit file shows DEWA has actually successfully used its administration system considering that it began.
In 2008, DEWA worked with a worldwide specialist that assisted DEWA set up a modern and innovative administration system. The very first authorities work guide for the system was put into effect under the supervision of DEWA's board of directors and elderly management. DEWA is the initial government utility in Dubai to adopt a contemporary and innovative administration system, enabling it to much better manage potential challenges.
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