UK&I ESG Strategy / 2025 / Page 6
ESG governance
Group Board
UK&I CEO, Executive Committee and Leadership
UK&I Safety and ESG committee (SESG)
UK&I Business Unit and Functional Leadership Forums
Group Committees
The Board Directors are collectively responsible for the Group’s success. Our Board of Directors
are collectively responsible for the overall leadership of the Group and for promoting its long-term,
sustainable success, while focusing on its strategic direction, purpose, values and governance.
The Board has ultimate responsibility for both ESG matters and risk management and approves
the Group ESG strategy.
Board’s responsibilities include reviewing and approving our Group ESG strategy and policies,
overseeing risk and corporate governance and monitoring progress towards meeting our objectives
and annual plans. The Board is accountable to our shareholders for the proper conduct of the
business and our long-term success and seeks to represent the interests of all our stakeholders.
The CEO and the UK Executive Committee meet on a monthly basis and oversee the
development of UK&I strategic goals and are accountable for the company’s UK&I ESG strategy,
targets and programme. Executive Committee members are responsible for reviewing and
approving the UK&I ESG strategy, policies and targets and putting in place mechanisms to
deliver the strategy.
Comprised of leaders representing functions relevant to the ESG strategy. The SESG is responsible
for monitoring key QHSE and ESG impacts, risks and opportunities, including reporting and
compliance, and ensuring (1) appropriate mitigation measures, (2) sustainability data quality and
transition to reasonable assurance and (3) that cross-functional teams are in place to manage
ESG risks, regulatory reporting compliance and ESG ratings. The SESG is chaired by the
Chief Legal and Risk Officer.
Responsible for the delivery of the ESG strategy in their respective areas of the business, including
contract ESG deliverables and requirements.
Accountable for driving progress against the workstreams/targets of the business unit or functions
ESG programme and managing related ESG-related risks. Meets annually as a minimum to review
progress against targets and provide updates to the Senior Leadership Committees or SESG.
ESG Committee – Meets quarterly and is responsible for ensuring the Company’s ESG strategy
and associated governance is fit for purpose, and that plans are in place and reported on. Advises
the Audit & Risk and Assurance Committee on ESG-related risks.
The committee is chaired by the Group Head of ESG. It is cross-functional and represented
by regions where the business operates in; members include senior management from HR,
Procurement and Business Units.
Audit and risk assurance committee (ARAC) – Meets quarterly and provides oversight over the
effectiveness of the risk management framework (including the risk appetite and strategy), the
integrity of the financial statements of the Group (including its annual reports), the effectiveness
of the Group’s internal financial controls and risk management systems, and the compliance
framework (including whistleblowing and fraud). The board appoints the committee chair. ARAC
members include senior management from the group executive committee and shareholder
representatives. The committee oversight is cross-functional and group-wide including all regions
where the business operates. Group risks such as ESG are reported to the ARAC.