Covalense is a professional software firm believes in Software Engineering Ethics and Professional Practices (SEEPP). The company is committed towards the contracted service delivery to its clients, professional and individual advancements of its employees.

Covalense has a well constituted Management group that will develop and implement corporate governance guidelines applicable to the company and for meeting the fiduciary obligations towards the principle stakeholders of the company. This group meets atleast once in each quarter for evaluating the systemic process by which Covalense ensures its business goals.

Since societal resources are employed in organisational growth, Covalense believes that the governance process must ensure a better management in the company that meets the stakeholders aspirations and societal expectations.

The basic principles of corporate management in Covalense are:

• The operational management must have the executive freedom to drive the company forward without undue restraints.
• The freedom of the operational management must be exercised within a framework of effective accountability.
• Any meaningful policy/process on corporate governance must provide empowerment to the operational management of Covalense.
• Simultaneously create a mechanism of checks and balances which ensures that the decision making powers vested in operational management is not only not misused, but is used with care and responsibility to meet stakeholder aspirations and societal expectations.

Covalense is committed to optimising long-term value for its investors and employees and belives in ensuring transparency of operations as an integral part of its corporate responsibility. The Company has adopted open communication channels that adheres to the best international practices.