A clear framework for the Board
Governance provides the framework within which the Board sets its values and delivers long-term success to the Company and its investors, balancing this with its duties to the wider stakeholder community.
Board engagement with the workforce
Following the success of the Board’s workforce engagement events in 2019, which supplemented the Board’s traditional programme of engagement via Board and individual Director visits to the Company’s operations, the Board planned to continue both forms of engagement in 2020. As Covid-19 was declared a global pandemic, and national governments placed restrictions on travel and advised working from home, the Board had to cancel its planned visits to the Company’s operations in both Morocco and the USA. However, due to the importance the Board places on workforce engagement, and the benefits it has both for Directors in giving them a more informed context for decision-making and for colleagues in knowing their views are being heard and taken into account in decision-making, the Directors made sure to still conduct certain in-person and online engagement. This section illustrates a number of these visits undertaken over the last four years.
Directors’ attendance at Group Values Awards
The Group Values Awards are annual awards given to those colleagues whose actions best demonstrate the Company’s Values of Safety, Excellence, Customers, People and Community & Environment.
The event typically brings the nominees from across the Group’s global businesses together with members of the Board and Group Executive Committee in London for a dinner and formal awards presentation. For obvious reasons, this was not possible in 2020 so the awards took place online, with the new Group CEO introducing the event, Head of Corporate Communications James Donnan emceeing and the Chairman closing with words of congratulation.
While naturally a more subdued event, it was important to still take the time and create a forum in which to recognise individual colleagues and teams for going above and beyond in exemplifying the Company’s Values.
"While it was sad not to attend a typical event, it was great that the Company still took the time and found a responsible way to have the awards. Just hearing all the reasons why people were nominated makes me proud to work for the Company and honoured to have won one of the awards.” A Group Values Award winner