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.
- 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 and Philip Aiken.
- Remuneration strategy and policies
- Remuneration packages
- Incentive plans
Chaired by Philip Aiken, the Committee's other members are Leo Quinn, Stuart Doughty and Iain Ferguson.
- Structure and composition of Board
- Appointment of non-executive Directors
- Succession planning and talent management
Safety and Sustainability Committee
Chaired by Maureen Kempston Darkes, the Committee's other members are Stuart Doughty, Iain Ferguson, Leo Quinn 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 and General Purposes Committee
Chaired by Leo Quinn, the Committee's other members are Philip Harrison, Ian Rylatt and David Smith.
- Banking facilities and other treasury matters
- Share options