Governance is central to our ethos of operating with integrity.
Goal
To continue to ensure and reassure our stakeholders that our governance is robust and compliant with all regulatory and legal frameworks.
Targets
- Maintain current equal representation of independent Directors versus non-independent Directors.
- Maintain equal representation of men and women on the Board – sector average is 19%.
- To meet blended ethnicity representation target of 20% (taking into account the different locations we trade in).
- Keep CEO pay as a multiple of Personal Group median in line with market.
Progress 2021 - 2023
- Independent directors remain at 57% of the Board, with a 43% female ratio and a 14% ethnic proportion, all of which are within the targets set by the Board.
- The Chief Executive pay ratio as a proportion of the median employee has remained in line with the market averages.
