Urbaser’s governance is governed by principles of efficiency, ethics and transparency in decision-making, in order to contribute to the company’s profitability and sustainable growth.

The Code of Conduct and Corporate Policies, the guarantors of our compliance culture

Urbaser has a Code of Conduct that establishes the ethical principles and guidelines that should govern Urbaser’s activities and relations with its stakeholders. The ethical principles set out in the Code must be complied with by all directors, managers and employees of Urbaser Group. Likewise, the Corporate Policies are a fundamental pillar of the company’s culture of compliance and ethical values.

Urbaser has established a specific channel for reporting any possible irregularity, non-compliance or behaviour contrary to ethics, legality or the internal rules governing the company. Consult our Code of Conduct and report any possible non-compliance here:


Corporate Policy Book

Governing bodies of URBASER

The governing bodies that represent and administer URBASER are the following:

  • General Meeting
  • Board of Directors
  • Chairman

General Meeting

The General Meeting is the body representing the shareholders/partners through which decisions are taken on matters which, as established in the Company’s Articles of Association, fall within its competence.

Board of Directors

The Board of Directors of URBASER is the supreme management and representative body of the Company. The functions of the Board of Directors extend to all those matters that are not expressly reserved by Law or the Articles of Association to the General Shareholders’ Meeting. The main functions performed by the Board of Directors include the following:

Judicial and extrajudicial representation of the Company.

Management and administration of all matters concerning the corporate purpose of the Company and its assets and business.

Currently, the Board of Directors of URBASER is formed by:

  • Mrs. Mary Ann Sigler, Director-President of the Board of Directors.
  • Miguel Liria Plañiol, Member of the Board of Directors.
  • Secretary non-Director Mr. Ignacio Pallarés Capdevila.


The Chairman of URBASER, elected by the Board of Directors from among its members, represents the Company.

Integrated risk management and compliance model

The main function of the Audit and Control Department is to support the Board of Directors in its general oversight, supervision, monitoring and mitigation of risks and supervision of the company’s internal audit services.

Urbaser’s Risk Management Policy/Regulations integrate the risk management process in Corporate Governance in relation to organization, planning and strategy, management, corporate policies, values and ethical culture. These include the definition of strategy and risk appetite, functional segregation of risk management or risk-taking areas and “zero tolerance” towards the commission of illegal acts.