Governance

We seek to operate our business responsibly, ethically, and in a manner aligned with the interests of our shareholders. We believe that good corporate governance creates a business environment that is conducive to long-term investments and sustainable economic growth.

2022 Performance Highlights

Governance Highlights

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Ethics and Integrity

Integrity is fundamental to our business. Our Code of Conduct guides us in achieving high standards of ethical business conduct. Our commitment to these standards helps us hire talented and ethical people, build high-quality assets, and attract loyal customers and business partners.

All employees, customers, contractors, other stakeholders, and third parties can communicate concerns through our formal anonymous whistleblower system with legal protections by calling 1-833-TELLTRC (1-833-835-5872).

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Shareholder Engagement

Engaging regularly with our shareholders provides us an opportunity to discuss important business topics, receive feedback on our performance, and address important questions.

We are committed to broadening our perspective and improving shareholder engagement around executive compensation, governance, and sustainability.

Corporate Governance

Our corporate governance practices and policies provide an essential framework to assist Targa’s Board of Directors in fulfilling its duties to shareholders. The framework for our corporate governance can be found in our Code of Conduct, Corporate Governance Guidelines, and Code of Ethics. Our corporate governance practices and policies are reviewed and updated regularly by our Board of Directors. Our Corporate Governance Guidelines are reviewed periodically by the Nominating & Governance Committee.

Code of Conduct Corporate Governance Guidelines Code of Ethics

Please read our most recent definitive proxy statement for more information regarding our corporate governance practices.

2023 Proxy Statement

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Cybersecurity

Our cybersecurity program is comprehensive in scope and covers Targa’s general corporate Information Technology (IT) systems and the Operational Technology (OT) systems supporting our various lines of business.

Annual Code of Conduct training ensures all our employees receive this important information. We continue to make significant investments in new cybersecurity technologies to protect our facilities, users, and stakeholders, and to protect the personal information of our employees and contractors.

Our cybersecurity program follows Defense in Depth principles, layering various access control, detection, prevention, and response measures throughout each zone from cloud to endpoint.