的 董事会’s responsibility for leading the Company and overseeing the governance of the Group continues to be supported by a robust structure which allows for constructive debate and challenge by its members. This approach enables the Directors to make effective decisions, at the right time and based on the right information.
的 董事会 has reserved key decisions and matters for its own approval, including its core responsibilities of setting the Group’s strategic direction, overseeing the delivery of the agreed strategy, managing risk and establishing the culture, values and standards of the Group as a whole.
的re is a clear written division of responsibilities between the Chairman (who is responsible for the leadership and effectiveness of the 董事会) and the Chief Executive (who is responsible for managing the Company’s business).
的 董事会 has delegated authority for the day-to-day management of the business to the Chief Executive. Executive Directors and senior management have been delegated authority by the 董事会 to make decisions within specified parameters. Decisions outside of these parameters are reserved for the 董事会 although management will often bring decisions within their delegated authority to the 董事会 for scrutiny and challenge. Management are supported by three standing 执行委员会s, the details of which are on our 治理 结构 & 委员会的页面.
的 董事会 continues to apply good governance and considers that the Company has complied with the 2018 UK 公司治理 Code (the Code) throughout the year ended 31 March 2023. 的 企业管治报告, including the reports of the Audit, 提名, Remuneration and 环境al Social 治理 Committee, contained in the 2023 Annual Report and Accounts outlines how the Company applied the Code during the period.
An additional requirement arising from the Companies (Miscellaneous Reporting Regulations) 2018 is to include within the Annual Report and Accounts, a statement on how the 董事会 has had regard to the matters set out in s.172(a) to (f) of the Companies Act 2006. 的 statement is supported by our strong engagement with key stakeholders in our business, 包括员工, 供应商, 客户, 当地政府, 合作伙伴, 社区和股东. 我们的172语句, which can be found within the strategic report of the Annual Report is available below. 我们把我们的 workforce engagement statement, stakeholder engagement statement, ESG Committee report and other information around the 董事会’s decision making process into a new section within the Annual Report called the ‘Applied 治理’ section. 这也可以在下面找到.
的 Code is available to view at www.frc.org.uk.
An overview of our governance structure and constitutional documents can be found on our governance structure page: