The Board is responsible, and accountable to all stakeholders, for the implementation and maintenance of good corporate governance. It recognises the importance of good governance as the foundation of long-term, sustainable growth and success and, as such, is committed to demonstrating high standards and continuous improvement.

A draft budget and strategic plan, to implement the strategy over the next five years, is prepared by the executive team and presented to the Board in November each year.

The Board provides comment and challenge and, ultimately, approves the plan subject to whatever consequent amendments are considered appropriate.

Read our full governance report in addition to other governance related documents: