Governance, commitments and engagement
4.1 Governance structure
Information on our Board structure and terms of reference for our Board committees can be found in the corporate governance section of our company website.
4.2 Status of chair of highest committee
Sir John Parker, Chair of the National Grid Board, is a Non-executive Director
4.3 Unity board structure
Information on the status of National Grid Board members is set out in the 'About Us' section of the company website.
4.4 Mechanisms for shareholders
Our relationship with shareholders is set out in our Annual Report and Accounts. Relationships with other stakeholders is set out in the 'Our Stakeholders' section of the company website.
4.5 Linkage between Executive compensation and performance
Our remuneration policy is set out in our Annual Report and Accounts 2007/08
4.6 Conflicts of interest
Information covering Directors interests is set out in out Memorandum and Articles of Association, clauses 86-88 and our Standards of Ethical Business Conduct.
4.7 Process for determining qualifications and experience of Board members
Information on the professional development of our Board members is included in the governance section of our Annual Report and Accounts 2007/08.
4.8 Internally developed statements of mission or values, etc
Our Framework for Responsible Business
Our Framework for Responsible Business was first developed in 2002 with the help of more than 4,000 stakeholders from a variety of backgrounds in the UK and the US including employees, government, ...
4.9 Procedures of the Board oversight of SEE performance, etc.
Risk & Responsibility Committee
The Risk & Responsibility Committee is tasked with proactively reviewing the strategies, policies, management, initiatives, targets and performance of the Company within the Framework for Responsible ...
4.10 Processes for evaluating Board performance
Information on board performance evaluation is available in the governance section of our Annual Report and Accounts 2007/08.
4.11 Precautionary approach
Our approach to risk management is set out in the governance section of our Annual Report and Accounts 2007/08.
4.12 Externally developed charters, principles or other initiatives to which the organisation subscribes
Our Public Position Statement on Human Rights includes a statement of support for the principles of the UN Universal Declaration of Human Rights, the OECD Guidelines for Multinational Enterprises, the ...
4.13 Membership in associations and other advocacy organisations
Advocacy
We are a corporate member or supporter of a number of organisations that seek to promote continuous improvement and sharing of best practice in the area of corporate responsibility. These include, ...
4.14 List of stakeholders groups engaged by the organisation
Our Stakeholders
We have a diverse range of external stakeholders including employees, suppliers, customers, regulators, government and local communities. We strive to be open and constructive in our dealings with ...
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