Good corporate governance is a vital component of any company’s lasting success, and as such it is something we should all expect of ourselves, our stakeholders, partners and supply chain. Businesses that are well governed can typically point to strong management guiding their decision-making and a long-term focus. Simply put, they are usually better companies than those with poor standards of governance.
The ‘G’ in ESG concerns the governance factors that influence how a company makes decisions, how its management board is established and functions, how it relates to shareholders, how it manages risk, and so on.
At VINCI UK Developments and throughout our Group, we have a structured hierarchy of leadership, management and operational functions to ensure good governance including decision making and the management of risk, set at the appropriate levels within our business to reflect the nature of decision-making and to correctly balance local and strategic governance needs.
We have comprehensive and integrated sets of policies and procedures across the spectrum of business operation to ensure our proper governance and regulatory compliance.