Governance of sustainability
As a company that delivers vitally important services to millions of homes and businesses, we must have strong control of our processes, plans and people. Robust governance is at the heart of everything we do.This is where governance has a role to play, and at Severn Trent is runs alongside our Our governance processes are closely aligned with the Group’s Corporate Strategy. This means our Board can , enabling the Board to effectively oversee our purpose and progress, including those for sustainability-led objectives.
A key part of this This includes considering the consideration of climate-related risks and opportunities, as well as rigorous scrutiny of how we management’s approach to assessing and manageing these risks.
We’re also keen for also ensure that governance to extends over the to the broader impacts on the people and communities we employ and serve.
Our Board, led by Chair Christine Hodgson, has ultimate responsibility for sustainability, and oversight of the Group’s Corporate Strategy is a matter reserved for the Board. The Board delegates certain sustainability and climate-related risk oversight activities to its Committees, to support the ongoing and continued delivery of the Group’s Corporate Strategy.
We engage with stakeholders to make sure Engagement with our stakeholders ensures that we continue to deliver value and address the topics that matter most to them. At the same time we ensure , whilst ensuring that we meet our regulatory requirements, including those related to environmental protection and social responsibility.
It’s important to be fully Ttransparent and cy and accountable ility are crucial elements of strong governance, ensuring so that we provide accurate, meaningful information about our business and performance. This help to , helping build trust that we are addressing the issues of importance to our stakeholders in line with our Company values.