The Board attaches the highest priority to corporate governance, the system by which the Group is directed, managed and controlled in the interests of all its stakeholders. The strength of the group’s corporate values, its reputation and its ability to achieve its objectives are influenced by the effectiveness of its approach towards corporate governance. The Board comprises a non-Executive Chairman, a Chief Executive, three other Executive Directors and nine non-Executive Directors. Its principal committees are:
Sustainability matters, including health safety and the environment, are covered at main board level and at the various executive bodies. We have a robust governance structure in place to help manage specific aspects of sustainability:
The Ethics Committee was established to oversee and maintain the highest ethical standards throughout the Rolls-Royce group. The group’s Global Code of Business Ethics is available in 18 languages to all of our employees supported by a training and engagement programme to improve awareness of the group’s ethical principles.