Our board committees

We have four board committees, which assist the board with its responsibilities.

Membership of the committees consists solely of independent non-executive directors. Executive directors and senior management attend certain meetings by invitation.

Safety, health and environment committee

The safety, health and environment (SHE) committee monitors the integrity of the methods used to carry out SHE responsibilities. The committee satisfies itself that SHE policies and strategies are adequate and effective taking into account relevant standards and requirements.

Committee membership

  • Chris Gibb – chair
  • Rob Brighouse
  • Peter Hendy
  • Mike Putnam
  • David Noyes

Audit and risk committee

The audit and risk committee monitors the integrity of the financial reporting and the audit process and monitors internal control systems including risk management, regulation and compliance. The committee makes recommendations to the board on the level of risk appetite acceptable to the company and oversees the process for the identification and management of risk.

The committee has a structured programme of activities including receipt of regular detailed reports on relevant aspects of management, focused to coincide with key events of the annual financial reporting cycle.

Committee membership

  • Sharon Flood – chair
  • Bridget Rosewell
  • Rob Brighouse
  • Silla Maizey

Nomination and Remuneration committee

The nomination and remuneration committee may investigate or comment on board appointments, board and senior executive remuneration (or any other related matters that are referred to it or as may appear to it to be necessary) and it has responsibility for monitoring and assessing the company's culture and diversity to satisfy itself that behaviour throughout the business is aligned with the company's values.

The commitee has responsibility for determining the remuneration for directors, as opposed to maing recommendations to the board. The committee therefore provides independence of the decision-making process as appropiate for the highest levels of corporate governance and reflects the importance of remuneration and incentive schemes in supporting the delivery of the company's responsibilities.

The committee reviews the size, structure and composition of the board and committees and makes recommendations to the board on any adjustments deemed necessary and feasible. The committee has responsibility for formulating plans for succession planning for appointments to the Board and other senior executives, taking into account the challenges and opportunities facing the company, and the skills and experience needed on the Board in the future.

Committee membership

  • Bridget Rosewell – chair
  • Richard Brown
  • Peter Hendy
  • David Noyes

Treasury committee

The treasury committee reviews and satisfies itself as to the appropriateness of proposed treasury transactions including banking, cash management, debt raising and management and investment management.

Committee membership

  • Sharon Flood – chair
  • Bridget Rosewell
  • Silla Maizey