Corporate Governance Statement

Our Approach

 

Irish Continental Group’s approach to corporate governance is explained in our Corporate Governance report included within the 2017 Annual Report. This report also describes the roles and responsibilities of our Board and its Committees and the Group’s approach to risk management and internal control.

 

The main function of the Board is to provide strong strategic guidance and oversight of the performance of the Group on behalf of shareholders. The Board actively considers long term strategy and monitors and supports the work of the Group Executive Management team.

 

The role of the Group Chairman is to seek to ensure high quality decision-making in all areas of strategy and performance and to promote and maintain high-standards of corporate governance.

Corporate Governance Framework

 

The corporate governance structure at ICG is set out below.

Compliance

In compliance with the Irish Annex published by the Irish stock exchange and the UK Corporate Governance code (2014), the Board has established three committees;

 

  • Audit Committee,

  • Nomination Committee; and

  • Remuneration Committee.

The Board values corporate governance and this is reflected in the Group’s governance framework as well as by the principles, policies and practices that are applied every day across the Group. The corporate governance section of the 2017 Annual Report explains how we have applied the main principles of the UK Corporate Governance Code (2014) and the Irish Annex during 2017.

 

The Corporate Governance Report is available for download by clicking the link on your right.

UPCOMING EVENTS
10 May 2018 AGM
08 Mar 2018 Announcement of Preliminary Statement of Results to 31 December 2017