Governance of sustainability
The Board has ultimate accountability for the Group’s sustainability performance. It approves the Group’s purpose and strategic aims, which are underpinned by a commitment to sustainability that informs business operations and activities. The CEO has overall responsibility for the implementation of that strategy in realising our purpose. Miguel Veiga–Pestana, Chief Sustainability Officer (CSO), heads the Sustainability and Corporate Affairs functions, leading Group implementation of the sustainability programme and underlying framework.
Sustainability Governance Structure
The Sustainability Council provides governance and oversight of all Sustainability activity across the business, with delegated authority from the Executive Committee, ensuing alignment with the Group’s strategy. The Council reviews and approves sustainability related Group policies, reviews and challenges the management of sustainability data and sustainability risks (including the Climate Change and Nature Principal Risks), as well as assessing and approving Sustainability driven investments and improvements, as part of the Group-wide capital allocation process.
