The terms of reference of the Audit, Risk & Assurance, Safety & 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 & Risk Committee
Chaired by Stephen Billingham, the Committee's other members are Iain Ferguson and Stuart Doughty.
- Financial statements
- Financial controls
- External audit
- Internal audit
- Risk management and assurance
Chaired by Iain Ferguson, the Committee's other members are Maureen Kempston Darkes, Philip Aiken and Stuart Doughty.
- Remuneration strategy and policies
- Remuneration packages
- Incentive plans
Chaired by Philip Aiken, the Committee's other members are Leo Quinn, Stuart Doughty, Iain Ferguson and Maureen Kempston Darkes.
- Structure and composition of Board
- Appointment of non-executive Directors
- Succession planning and talent management
Safety & Sustainability Committee
Chaired by Maureen Kempston Darkes, the Committee's other members are Stuart Doughty, Iain Ferguson and Philip Aiken.
- Corporate values, ethics and Code of Conduct
- Health & safety
- Stakeholder management
- Community engagement
Group Tender and Investment Committee
The Committee membership comprises the executive Directors, members of the Executive Committee and other senior management personnel.
- Major contract approvals
- Acquisitions and disposals
- Capital expenditure
Finance & General Purposes Committee
The Committee membership comprises Leo Quinn, Philip Harrison, Ian Rylatt, Sandip Mahajan and David Smith.
- Banking facilities and other treasury matters
- Share options