We are committed to the highest standards of corporate governance.
The successful execution of our strategy and oversight of delivery is supported by SSE’s established Governance Framework, which maps where accountability resides in line with delegated authorities. Areas of importance to the Board and SSE’s operations influence the features of the Governance Framework, which is illustrated, in part, by the Committees which provide dedicated focus to areas on behalf of the Board and the Group Executive Committee.
Formally, these authorities and responsibilities are documented within: SSE’s Articles of Association; the Schedule of Matters Reserved for the Board; the Terms of Reference for the Committees which comprise SSE’s Governance Framework; role profiles within Board positions and the financial approvals framework. Together, they reinforce the cultural expectations surrounding accountability at the different levels within the organisation.
To ensure that all decision making is well-informed, transparent, and balanced, careful consideration is given to information provision and flows within the Governance Framework. This approach further supports each Director in the discharge of their responsibilities and applicable legal duties.
The effective working relationship between the Board and senior management facilitates both support and challenge where required, with Board awareness enhanced through regular dialogue, including upwards reporting from key individuals, and the provision of minutes from all Board Committee and Group Executive Committee meetings.
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