Corporate Social Responsibility

It is the role and responsibility of the Board to take into account all aspects of social, environmental and ethical issues in its discussions and decision-making. The Board receives reports at each Board meeting from Group executives on relevant developments in these areas. In order to verify that as a group of companies we are working to these standards, we require each of our operating companies to report on key indicators on a quarterly basis.

The Board considers that material risks from social, environmental and ethical issues are limited. However, it takes a proactive approach to risk management of these issues. Through both a quarterly reporting cycle and reviews undertaken by the Risk Committee, the Board has in place an effective system to manage risks in this area.