Audit & Risk Committee
The Committee has four scheduled meetings every year. It oversees the Company's systems for internal financial control, risk management and financial reporting.
View the Audit & Risk Committee's terms of reference.
The Remuneration Committee oversees the remuneration arrangements for Babcock's Directors and senior employees across all Divisions. It has five scheduled meetings per year and will also meet on an ad hoc basis as the need arises. The Committee is keenly conscious of the importance of having in place a fair remuneration structure, one that strikes a balance between rewarding employees' hard work and shareholders interests.
View the Remuneration Committee's terms of reference.
The Committee is open to all Non-Executive Directors and meets as and when required. Refreshing of the Board and succession planning are issues which the Committee, and Board as a whole, see as important aspects of its governance of the Company.
View the Nominations Committee's terms of reference.