Board oversight
Ceres is focused on and committed to upholding sound corporate governance practices, providing stakeholders with accurate disclosure and appropriate levels of transparency across all aspects of our business. Governance is overseen by the Board of Directors, which is responsible for establishing the purpose and values and setting the vision and strategy for the Company to deliver value for our stakeholders through implementing its business plan.
We seek to ensure that we have the appropriate skills as a business to deliver our ESG objectives, to develop and recommend to the Board sustainability targets and key performance indicators and receive and review reports on progress towards the achievement of such targets and indicators. This year, Non-Executive Director Julia King was appointed as Senior Independent Director and is also Chair of the ESG Committee, bringing with her significant ESG credentials and experience. Ceres has also become a signatory of the UN Global Compact, taking advantage of the access to the UK chapter and its Academy Platform for resources and skills development.
The Audit Committee plays a central role in the review of the Group’s financial reporting, risk review and internal control processes. Commencing this year, ESG including climate related risks will be included in Ceres’ corporate risk reporting process, in line with the risks identified as part of our Materiality process.