The Chief Executive ultimately has delegated authority from the Group board for all CR matters, and takes direct responsibility for the annual CR policy statement.
The Group has an effective CR board reporting mechanism, through which the CR manager updates the executive board on both performance against KPIs and progress made on a monthly basis. There are also regular presentations to the executive board, and reporting to, and interaction with, the divisional boards to ensure that CR issues specific to those businesses are communicated and prioritised in line with the Group approach.
Appropriate CR risks are included in the Group risk register which is subject to regular review by the Group audit committee. A Group CR steering committee, chaired by the company secretary and consisting of director level representatives, meets quarterly to discuss company specific and industry relevant CR matters and best practice, and to advise on the future direction of CR across the Group. The steering committee recommends changes to the Group’s CR KPIs. During the financial year, the key issues considered by the steering committee included the development of non-financial KPIs, the Group’s Carbon Strategy and a programme of internal CR communications.
We integrate CR into normal business activity as seen below:
