BB Foundation carries out its activities according to ethical standards in its relations with different publics and the best governance practices, acting with integrity, transparency, equity, accountability and socioenvironmental responsibility. In its 2019-2023 Five-Year Strategic Plan, the foundation stated ethics and integrity as the basis of its values and principles.
The management of internal processes and governance are periodically assessed by Banco do Brasil's Internal Audit. The financial and accounting statements and the system of internal controls are evaluated by an independent audit.
BB Foundation's performance is anchored in its Bylaws; Internal Regulations; Institutional Policies; Code of Ethics and Standards of Conduct and Governance Code.
Would you like to know a little more about the governance documents of BB Foundation? They are available on our Internet portal at https://fbb.org.br/pt-br/menu-pt-br/sobre-nos
In 2021, as a result of our continuous search for the best governance practices, the Bylaws were revised to align with the new Strategic Plan of BB Foundation and to allow Foundation's staff to be made up of employees assigned by the founder (Banco do Brasil) and/or by employees hired on the market.