1963
– Creation of Companhia Mineira de Água e Esgotos (COMAG)
1971
– Institution of the “National Sanitation Plan” – Plano Nacional de Saneamento (PLANASA)
1974
– Change of the Company’s name to Companhia de Saneamento de Minas Gerais – COPASA MG
2003
– Registration as a closely held Corporation
2006
– IPO, with the shares being listed in B3’s (formerly BM&FBOVESPA) Novo Mercado listing segment
2007
– Approval of Federal Law 11,445/2007 (Sanitation Law)
– Creation of three wholly owned subsidiaries:
• COPASA Serviços de Saneamento Integrado do Norte e Nordeste de Minas Gerais (COPANOR)
• COPASA Águas Minerais de Minas
• COPASA Serviços de Irrigação
2008
– Secondary Public Offering of Shares (Follow-on)
2009
– Creation of the Minas Gerais State Water and Sewage Services Regulatory Agency (ARSAE-MG)
2015
– Organizational restructuring, with a reducition in the number of Executive Officers, commissioned positions and employees.
2016
– Beginning of Disclosure of the Multi-annual Investment Plan (five years)
– Opening of the Reporting Channel – Ethics Line Channel
– Increase in capital stock (BRL128.4 million)
– Implementation of Collegiate Management
– Institution of Anti-Corruption Policy
– Activities of subsidiaries COPASA Serviços de Irrigação and COPASA Águas Minerais de Minas are discontinued
2017 and 2018
– Improvement of Corporate Governance:
• Creation of the Superintendence of Compliance
• Implementation of the Statutory Audit Committee
• Revision/institution of Governance Policies
2019 and 2020
– Amendment to the Bylaws, reducing the maximum number of executive areas from 8 to 5.
– Review/introduction of Governance Policies, highlighting:
• Gifts and Presents Policy
• Conflict of Interest Policy
• Internal Controls Policy
• Policy for Donations and Sponsorships
• Integrity Due Diligence Policy
• Corporate Risk Management Policy
• Corporate Governance Policy
• Meetings Policy
– Development of the Integrity Plan, highlighting the following actions:
• Integrity Workshop
• Third-party companies/partners training
• International Anti-Corruption Day
• Internal campaign “COPASA IN COMPLIANCE”
– Training of the members of Management, Fiscal Council and COAUDI carried out annually through its own and contracted teams.
– Assessment of the members of the Board of Directors, Statutory Audit Committee (COAUDI), Fiscal Council and Executive Board, performed on an annual basis.
Recent Updates
– Introduction of the Compensation Policy;
– Review of various Company’s governance policies, in particular the Disclosure and Trading Policy and the Statutory Members’ Nomination and Eligibility Policy;
– Introduction of the Code of Conduct and Integrity for Suppliers;
– Changes and update of the Code of Conduct and Integrity;
– Review of the Internal Regiment of the Board of Directors, the Fiscal Council, the Statutory Audit Committee and the Executive Board.