The Board of Directors of LSI follow best practices in governance. Examples of the Board’s commitment to good governance include the following:
A key component of our approach to ESG is our Code of Business Ethics and Conduct. This serves as a blueprint for making the right decisions in the best interests of the Company, our customers, communities and shareholders.
Among other items, our Code of Business Ethics and Conduct addresses conflicts of interest, corporate opportunities, confidentiality, fair dealing, protection and proper use of company assets, confidentiality, disclosure, compliance and accountability. As a requirement, all salaried employees of LSI must complete annual training and certification with respect to the company’s Code of Business Ethics and Conduct.
LSI also provides specific guidance to its financial managers regarding the performance of their duties, particularly with respect to:
As a company with more than 40 years of heritage, LSI has a solid track record of operating responsibly and adapting to technological and regulatory changes. By doing so, the Company has been able to provide jobs to thousands of people over the years, give back to its communities and provided generous benefits to its employees. Today, the company continues to build upon that legacy with a focus on innovation and continuous improvement. We believe the future is bright for LSI, and we are committed to contributing to a sustainable future for the company and the planet.