MERLIN Properties Annual Report 2023

70 | Annual report | 2023 The Sustainability Policy has been approved by the MERLIN Properties Board of Directors and has been in effect since its approval, remaining in force until amendments are made to it. The Board of Directors, through its delegated Committees and, in particular, the Sustainability and Innovation Committee, carries out the oversight to ensure the correct implementation and fulfilment of all guiding principles and commitments established. GUIDING PRINCIPLES RESPONSIBLE GOVERNANCE AND ETHICAL BEHAVIOUR MERLIN is committed to the highest standards, guarantees and transparency in the Group’s management and decision-making, and to the success of the business when carrying out its activities, safeguarding ethics and integrity in its operations. TRANSPARENCY WITH STAKEHOLDERS MERLIN considers it a priority to provide complete, accurate and truthful information on the Group’s performance and activities, and to maintain sufficient relationship channels with its stakeholders, actively communicating with them and responding to their main demands and expectations. INDEPENDENT EXTERNAL VALIDATION OF COMMITMENTS MERLIN seeks to endorse its commitments by obtaining external validation, which guarantees the effective integration of sustainability in its internal management and assets, and this gives credibility to the practical implementation of the commitments made in the Group’s decision- making and activities.