Capita plc and its subsidiaries (the Group) continue to be committed to maintaining high standards of corporate governance. The UK Corporate Governance Code 2010 (the Code) applies to accounting periods beginning on or after 29 June 2010 and replaces the Combined Code on Corporate Governance 2008.
We follow strict principles to ensure that our business strategies will deliver value to our shareholders and give high priority to communications with them. This section explains how the Group is managed through the Board and Committees, how the Board is rewarded and incentivised though a Remuneration policy, and how the business maintains strict internal control and manages risk.
The Board
There is a wide range of governance issues and matters specifically reserved for decision by the Board. These include:
- Determine and review the Group’s strategic direction
- Approve all acquisitions and disposals of assets and share acquisitions
- Review contracts, material joint ventures, strategic partnerships and alliances which are significant in terms of the business of the Group
Full details are contained in matters reserved for the Board.
Visit our Leadership page for the names and biographies of our Board Directors.
Board Committees
The Board has three standing committees:
- Nomination Committee
- Audit Committee
- Remuneration Committee
Details of the membership and terms of reference of these committees can be found under Board Committees.