Board committees

The terms of reference of the Audit and Risk, Safety and Sustainability, Nomination and Remuneration Committees are set out below, together with a description of the other Board Committees. All Committees are supported by the Company Secretary or nominee.

Audit and Risk Committee

Chaired by Stephen Billingham, the Committee's other members are Iain Ferguson and Stuart Doughty.

Responsibilities

  • Financial statements
  • Financial controls
  • External audit
  • Internal audit
  • Risk management and assurance

Terms of reference of the Audit and Risk Committee 

Remuneration Committee

Chaired by Iain Ferguson, the Committee's other members are Maureen Kempston Darkes and Philip Aiken.

Responsibilities

  • Remuneration strategy and policies
  • Remuneration packages
  • Incentive plans

Terms of reference of the Remuneration Committee

Nomination Committee

Chaired by Philip Aiken, the Committee's other members are Leo Quinn, Stuart Doughty and Iain Ferguson.

Responsibilities

  • Structure and composition of Board
  • Appointment of non-executive Directors
  • Succession planning and talent management

 Terms of reference of the Nomination Committee

Safety and Sustainability Committee

Chaired by Maureen Kempston Darkes, the Committee's other members are Stuart Doughty, Iain Ferguson, Leo Quinn and Philip Aiken.

Responsibilities

  • Corporate values, ethics and Code of Conduct
  • Health & safety
  • Stakeholder management
  • Sustainability
  • Whistleblowing
  • Community engagement

 Terms of reference of the Safety and Sustainability Committee

Group Tender and Investment Committee

The Committee membership comprises the executive Directors, members of the Executive Committee and other senior management personnel.

Responsibilities

  • Major contract approvals
  • Acquisitions and disposals
  • Capital expenditure

Terms of reference for the Group Tender and Investment Committee

Finance and General Purposes Committee

Chaired by Leo Quinn, the Committee's other members are Philip Harrison, Ian Rylatt and David Smith.

Responsibilities

  • Banking facilities and other treasury matters
  • Share options

Terms of reference for the Finance and General Purposes Committee