Board committees

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.

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, Philip Aiken and Stuart Doughty.

Responsibilities

  • Remuneration strategy and policies
  • Remuneration packages
  • Incentive plans

Terms of reference of the Renumeration Committee

Nomination Committee

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

Responsibilities

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

 Terms of reference of the Nomination Committee

Safety & Sustainability Committee

Chaired by Maureen Kempston Darkes, the Committee's other members are Stuart Doughty, Iain Ferguson 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 & General Purposes Committee

The Committee membership comprises Leo Quinn, Philip Harrison, Ian Rylatt, Sandip Mahajan and David Smith.

Responsibilities

  • Banking facilities and other treasury matters
  • Share options

Terms of reference for the Finance and General Purposes Committee