Matson is committed to doing the right thing and upholding the highest ethical standards. This means acting with respect, candor, and honesty in everything we do. This ethos is the foundation of our business and the basis of our approach to strong governance, including our Board’s engagement in environmental, social, and governance matters. It also drives our long-standing commitment to the communities and customers who depend on us to deliver critical supplies needed to power their local economies. We act out of a sense of responsibility to maintain consistent, reliable, and safe operations in ways that build trust and goodwill with our many stakeholders.
Board of Directors
Matson’s Board of Directors is responsible for overseeing the company’s management, setting the right tone at the top, and supporting management’s efforts to create long-term value for all of Matson’s stakeholders.
As part of our commitment to sustainability, the Board, with the assistance of the Audit Committee, the Compensation Committee, and the Nominating and Corporate Governance Committee, is responsible for overseeing sustainability matters relevant to the company’s business, including environmental, social, and governance matters.
We have a diverse Board.
Matson’s Corporate Compliance Committee oversees and manages the Company’s ethics and compliance programs, policies, and procedures, including Matson’s Code of Conduct. Committee members include the General Counsel, the Chief Financial Officer, the Head of Internal Audit, the Head of Human Resources, and other senior management personnel. The committee is responsible for approving and providing overall supervision of the development, implementation, and operation of Matson’s corporate compliance program. The committee prepares semi-annual reports to the Audit Committee concerning the status of the program, including the general state of corporate compliance, the results of any compliance audits, significant compliance issues, notable changes in the overall compliance environment, and anticipated compliance activities. This reporting constitutes one element of the risk management process overseen by the Board.
Code of Conduct
Matson’s Code of Conduct sets out comprehensive standards of professional behavior for all Matson directors, officers and non-bargaining unit employees. Matson also expects that all companies, independent contractors and their employees that provide materials to or perform services for Matson will likewise meet the commitments of the Code of Conduct while on Matson property and/or conducting business with or on behalf of Matson. The Company makes the Code of Conduct readily available to all employees on the Home page of its intranet and requires annual refresher training in familiarity with the Code of Conduct for all employees.
Matson encourages and facilitates immediate reporting of any violation – or possible violation – of the law, the Code of Conduct or Matson policies to the Human Resources department, supervisors or any member of the Corporate Compliance Committee. The Company also provides a system for anonymous reporting online or by calling the Matson Ethics Hotline. The Hotline is a toll-free number that is available 24 hours a day, seven days a week, and is staffed by an independent third-party provider.
From vessels to terminals to contracted rail and trucks, when we move freight, we are contributing to economic activity. While we have signiﬁcant operations along the U.S. West Coast, we play a particularly vital role in supporting the local economies of remote and island communities in Hawaii, Alaska and throughout the Paciﬁc, which are dependent on the U.S. Mainland for many types of goods.
One of the most important role we play in these communities is as a local employer. We have been a provider of attractive, stable jobs that offer competitive pay and beneﬁts. And to maintain eﬃcient operations, we hire many local vendors.
Safe and Resilient Operations
Given the enormous responsibility we have to provide consistent, reliable service to many remote communities, especially in places where we are the primary or only carrier, we cannot leave anything to chance. We know any delay or change in our operations can aﬀect whole communities that rely on the next arrival of a Matson vessel.
For this reason, we strive to plan ahead and safeguard and strengthen our operations to enhance their resiliency when facing adverse circumstances. Whether a severe weather event occurs, an earthquake strikes, our terminal equipment malfunctions or we experience an unexpected power outage, our goal is to keep moving while prioritizing everyone’s safety.
We proactively implement cybersecurity measures and do our part to contribute to building a safe and secure cyberspace environment. We recognize the importance of safeguarding our customer’s data and protecting our own operations from cyberattacks. We employ the latest standards, technologies and best practices to achieve this objective. These measures include maintaining a comprehensive Information Security program and leveraging a risk management model for providing appropriate levels of protection for the Company’s business operations and information assets. Our Information Security program is designed according to best practices within the ISO 27001 and NIST 800-53 standards, with consideration of DFARS 252.204-7012.
For more information about our Board of Directors, please see:
- Director Biographies
- Committee Composition
- Charter of the Audit Committee
- Charter of the Compensation Committee
- Charter of the Nominating and Corporate Governance Committee
- Corporate Governance Guidelines
For more information about our Security Programs, please see:
For more information about our Ethics and Compliance Program, please see: