Joao C.P. Viseu
The Forum Empresarial para o Meio Ambiente (FEMA) is a non-governmental organization established in 1996 by more than 50 of the country's largest private companies with a view to collectively support the private sector in environmental issues. Its purpose is to provide leadership and an effective voice for the private sector in critical environmental issues, to influence policy formulation and the development of regulations and the promotion of environmental awareness through environmental education programs and outreach activities.
The Ministry for the Coordination of Environmental Affairs (MICOA) recognizes FEMA as the appropriate organization to represent business on environmental issues and to increase private sector participation in environmental policy formulation.
Directors of the Board are responsible for the governance of FEMA. FEMA members appoint the directors and the auditors to ensure the proper governance of the organization. In addition, stakeholders can satisfy themselves that an appropriate governance structure is in place by asking the appropriate questions at the Annual General Meeting. The Statutes of FEMA, published in the Constitution of the organization, specify further obligations and rights of Members and the governance structure of the legal entity FEMA.
The responsibilities of the Board include setting the FEMA's strategic aims, providing the leadership to put them into effect and supervising the management of the organization's activities. The Board actions are subject to laws, regulations and review by the stakeholders at the general meeting.
Within that overall framework, the specifically financial aspects of corporate governance are the way in which the boards set financial policy and oversee its implementation, including the use of financial controls, and the process whereby they report on the activities and progress of FEMA to other stakeholders.
The concept of corporate governance has grown in prominence in recent times as a result of the increasing involvement and interest of stakeholders other than shareholders or members of an organization. These stakeholders include members, associates, donors, employees, environmentalists, community at large and the Government.
Conduct outreach and publicity programs directed at increasing the environmental awareness of the business and investment community throughout the country;
Develop and conduct technical training programs to increase the capacity of the private sector to address environmental issues in Mozambique;
Promote investments in environmentally friendly technologies, environmental business techniques, environmental management systems, and waste minimization and management strategies within industry;
Convey private sector inputs on environmental policy and legislation