Governance
The management of, and accountability for, the environmental, social and economic aspects of our business require sound governance practices. At Land Securities, our arrangements include a CR Committee with representatives drawn from across the Group and a network of employee 'CR Champions'.
The CR Committee
The Committee's 12 members meet four times a year to agree policies, review progress against targets and set future objectives. The Committee reports to the Senior Management Board and in 2009/10, it was chaired by Angela Williams, Group HR Director.
Working with experts from around the business and our CR Champions (see below), the Committee is directly responsible for defining our CR strategy and activities, and monitoring our performance and ensuring the Group delivers on its CR targets. It also ensures that:
- our CR programme is aligned with our business objectives
- our CR activities are understood and promoted, both internally to employees and externally to other relevant audiences
- we act on the best practice advice we are given by our external CR advisors.
CR Committee members 2009/2010
- Chief Executive and Board Representative: Francis Salway
- Group HR Director and Chair of the CR Committee: Angela Williams
Customers, Suppliers and Community
- Head of Asset & Property Management, London Portfolio: Jonathan Evans
- Head of Retail Property Management: Nick Peel
Sustainability and Environment
- Head of Sustainability and Engineering: Neil Pennell
- Environmental Director: Dave Farebrother
Financial Sustainability
- Head of Tax, Treasury and Insurance: Martin Wood
Health and Safety
- Head of Health and Safety (Retail Portfolio): Kurt Coelho
- Director Health and Safety (London Portfolio/Group Services): Dave Stephenson
Risk management
The Risk Management and Internal Audit team ensures the risks we face as a business are identified and managed through effective processes and controls. The Director of Risk Management and Internal Audit reports to the Chief Executive and the Audit Committee.
For more about risk management and our general governance arrangements, please see our Annual Report and Accounts.
CR Champions
Although robust governance processes are needed, CR is not something that can be achieved by committees alone; it needs the drive and commitment of everyone throughout the business.
To provide that all-important link between our CR Committee and the rest of the company, we have a network of CR Champions. These employees play a key role in communicating our 'Making a difference' vision and helping us to embed CR across the Group.
Meeting on a quarterly basis, the CR Champions act as points of contact for all departments, ensuring the whole business shares ideas, identifies opportunities and takes a joined-up approach to CR. They also record all our community activities on the Community Investment Database, a valuable source of benchmark information.