NMNTI Corporate Governance Statement
Governance in the Context of ESG (Environmental, Social, and Governance)
New Millennium Nuclear Technologies International, Inc. (NMNTI)
1. Leadership Structure and Oversight
NMNTI’s leadership is overseen by an experienced executive management team guided by clearly defined roles and responsibilities. Strategic direction is set by our Board of Directors, which oversees risk management, corporate policies, financial accountability, regulatory compliance, and ethical business practices. Board members are selected for their diverse backgrounds in nuclear science, engineering, public safety, and global regulatory environments.
An internal governance committee regularly reviews the effectiveness of our organizational controls, monitors compliance with domestic and international nuclear regulations, and advises executive leadership on emerging risks and opportunities. This ensures our governance remains agile, evidence-based, and aligned with our operational mission.
2. Ethical Conduct and Compliance Framework
NMNTI upholds a rigorous ethical code that governs all business operations, employee conduct, and stakeholder engagement. Our policies prohibit corruption, bribery, and any practices that undermine transparency or fiduciary responsibility. All staff are trained in our Code of Business Ethics, which outlines expectations for integrity, conflicts of interest, data confidentiality, and responsible communication.
We comply fully with domestic and international standards for nuclear safety, including IAEA guidelines, U.S. NRC regulations, and host country laws in all international engagements. Our field protocols are supported by internal audits and documented Quality Assurance/Quality Control (QA/QC) procedures as per ISO 9001:2015 certification.
3. Accountability and Transparency
NMNTI is committed to operating with full transparency in its governance practices. This includes open reporting of project outcomes, quality performance indicators, safety metrics, and stakeholder concerns. For clients and regulatory bodies, NMNTI provides comprehensive documentation of all field activities, sample custody protocols, data validation results, and analytical outputs.
Our project performance and governance disclosures are subject to internal review and third-party audits when applicable. We actively participate in stakeholder consultations with governmental agencies, international regulatory bodies, and client organizations to ensure our work is independently verifiable and fully aligned with legal and ethical expectations.
4. Risk Management and Regulatory Alignment
Given the high-hazard nature of nuclear decommissioning and radioactive waste profiling, robust governance is vital to NMNTI’s operational integrity. We employ a structured enterprise risk management (ERM) framework that includes hazard identification, risk ranking, control implementation, and monitoring.
Key risk areas addressed by NMNTI governance include: Radiological protection and ALARA compliance, Data integrity and analytical precision, Health and safety of personnel and contractors, Adherence to Waste Acceptance Criteria (WAC), Intellectual property and proprietary technology controls.
5. Stakeholder Engagement and Governance Culture
NMNTI’s governance model encourages active stakeholder engagement. We maintain regular communications with clients such as ENRESA, ANDRA, EDF, and the U.S. Department of Energy. Our governance structures facilitate technical coordination, contractual transparency, and collaborative problem-solving.
Internally, governance is cultivated through continuous improvement, staff training, and performance reviews. Every team member is responsible for upholding governance values through accountability, safety adherence, and proactive reporting of anomalies.
6. Executive Compensation and Performance Metrics
Executive performance at NMNTI is measured not only by profitability but by broader ESG-aligned metrics, including Safety record and incident rates, Regulatory compliance performance, Innovation milestones, Client satisfaction and repeat business, Environmental footprint and waste reduction.
Compensation is structured to incentivize long-term value creation, responsible growth, and continuous quality improvement. NMNTI does not engage in practices that encourage excessive short-term risk-taking.
7. Data Governance and Intellectual Property
Data integrity is critical in nuclear sampling and analysis. NMNTI’s governance framework ensures that all analytical and project data are captured, validated, stored, and transferred in accordance with stringent confidentiality and traceability protocols.
Our proprietary TruPro® system and associated intellectual property are safeguarded through legal protections and operational controls. We maintain strict access protocols, license agreements, and audit trails to prevent unauthorized use or dissemination of sensitive technology and data.
8. Continual Improvement and ESG Integration
NMNTI recognizes governance as a living framework that must evolve with regulatory changes, stakeholder expectations, and technological advancements. Our governance structure includes periodic review cycles, integration of lessons learned, and feedback mechanisms from both clients and field teams.
As part of our broader ESG strategy, NMNTI is actively aligning governance with environmental and social performance. This includes responsible sourcing, carbon footprint tracking, and workforce diversity initiatives. We see governance not merely as compliance, but as a driver of innovation, safety, and long-term value.