‘To advance Baltic corporate governance into becoming a global role model’ was defined as the new vision statement of the Baltic Institute of Corporate Governance (BICG).
“The new vision statement is meant to inspire not only the team of the BICG but also our members, partners and allies to lead by such an example that it would become an inspiration to others,” says Rytis Ambrazevičius, President of the BICG.
While significant progress has been made in corporate governance across the Baltics since the BICG began promoting best practices nearly two decades ago, considerable potential remains for further advancement toward becoming a global role model.
“Although the principles of good corporate governance are now much more widely recognised in Lithuania, Latvia and Estonia, many more opportunities remain to embed them more deeply in everyday practice. Having an ambitious shared vision that inspires others is also a commitment to keep improving ourselves,” says Rytis Ambrazevičius.
The previous vision statement of the BICG was defined as ‘Creating an advanced ecosystem of good corporate governance in the Baltics’.
“Creating a resilient ecosystem of good corporate governance in Lithuania, Latvia and Estonia remains at the core of the BICG. The new vision statement simply highlights the idea that our work can have an even wider impact,” says Rytis Ambrazevičius.
The purpose and mission statements as well as definition of the BICG values remain unchanged.
PURPOSE
Better boards, companies, economies, and societies.
VISION
To advance Baltic corporate governance into becoming a global role model.
MISSION
To share the knowledge and be the voice of good corporate governance in the Baltics.
VALUES
Wisdom | Knowledge and competence in good corporate governance.
Sharing | Readiness to share the know-how and initiate the necessary change.
Excellence | Highest standards are applied by us and for us.
Integrity | Honesty and high ethical principles in all we do.
