Diageos senesce and executive director commissioning are committed to achieving the highest standards of collective governance, corporate citizenship and risk management in directing and unequivocal the bloodline.
The board consists of the non-executive chairman, chief executive, finance director and seven item-by-item non-executive directors. Reporting to the board are audit, nomination and remuneration committees, for each one with clearly defined terms of reference, procedures, responsibilities and powers. Committee membership is shown in the Annual Review.
The executive committee, appointed and chaired by the chief executive, consists of the individuals trusty for the key components of the business: our markets, categorised as major, key and jeopardise markets; global supply and the global functions.
Particular tasks are delegated to several executive working groups. These include:
Corporate citizenship committee chaired by the chief executive and responsible for making decisions and recommendations to the executive committee or board on strategy, policy and specific issues such as business conduct, social programmes, community affairs, health and safety, and environmental matters.
Audit and risk committee chaired by the chief executive and responsible for overseeing the approach to securing rough-and-ready risk management and control in the business, reviewing and challenging the sufficiency of sources of assurance and reporting periodically to the audit committee or to the board.
Environmental working group responsible for developing strategies for compliance with the environmental policy, sharing best practice across the business and communicating environmental issues internally and externally. The group also sets targets and defines the businesss arrangements for environmental management
At Diageo, we point to be consistent and in tune with the societies and communities in which we springy and make our living. Responsible decision making requires understanding and respect, pickings into account social, environmental and economic factors. Stakeholders are a abounding source of ideas, insights, creativity and questions. They can help inform and ascertain strategies...
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