SP ENW Governance and Sustainability System
Governance and Sustainability System
The corporate governance system of SP Electricity North West is known as the SP ENW Governance and Sustainability System. It is approved by the Board of Directors of North West Electricity Networks (UK) Limited and adopted by its subsidiary companies.
The SP ENW Governance and Sustainability System is updated from time to time in accordance with the ScottishPower group’s decision-making policies and procedures, including to reflect relevant updates made to the policies, strategies and general guidelines of the ScottishPower group’s ultimate shareholder Iberdrola, S.A (Iberdrola Governance and Sustainability System)
The following is a general explanation as to how the SP ENW Governance and Sustainability System is structured in practice.
The Driving Ideas of the Governance and Sustainability System and the Introduction to the Governance and Sustainability System are designed to be a preamble which describes the origin and driving ideas behind the SP ENW Governance Sustainability System and its constituent policy documents. The format of the SP ENW Governance and Sustainability System is principally modelled on the Governance and Sustainability System of its ultimate shareholder Iberdrola, S.A., and is formally divided between four ‘Books’, being the Introductory Book, Book One – Articles of Association and Corporate Organisation, Book Two – Corporate Policies and Book Three – Internal Audit, Risk and Compliance.
The Driving Ideas of SP ENW Governance and Sustainability System
Introductory Book
Approved by the Board of Directors of North West Electricity Networks (UK) Limited on 22 September 2025
Approved by the Board of Directors of North West Electricity Networks (UK) Limited on 22 September 2025
Approved by the Board of Directors of North West Electricity Networks (UK) Limited on 22 September 2025
Book One- Articles of Association and Corporate Organisation
Adopted by North West Electricity Networks (UK) Limited on 25 November 2008
Approved by the Board of Directors of North West Electricity Networks (UK) Limited on 23 March 2025
Approved by the Board of Directors of Electricity North West Limited on 23 March 2025
Adopted by the Board of Directors of North West Electricity Networks (UK) Limited on 22 September 2025
Book Two- Corporate Policies
Part I – Transparency and Good Governance
Adopted by the Board of Directors of North West Electricity Networks (UK) Limited on 22 September 2025
Adopted by the Board of Directors of North West Electricity Networks (UK) Limited on 22 September 2025
Adopted by the Board of Directors of North West Electricity Networks (UK) Limited on 22 September 2025
Adopted by the Board of Directors of North West Electricity Networks (UK) Limited on 22 September 2025
Adopted by the Board of Directors of North West Electricity Networks (UK) Limited on 22 September 2025
Part II- Human and Social Capital
Adopted by the Board of Directors of North West Electricity Networks (UK) Limited on 22 September 2025
Adopted by the Board of Directors of North West Electricity Networks (UK) Limited on 22 September 2025
Part III- Natural Capital
Adopted by the Board of Directors of North West Electricity Networks (UK) Limited on 22 September 2025
Adopted by the Board of Directors of North West Electricity Networks (UK) Limited on 22 September 2025
Adopted by the Board of Directors of North West Electricity Networks (UK) Limited on 22 September 2025
Part IV – Sustainable Value Chain
Adopted by the Board of Directors of North West Electricity Networks (UK) Limited on 22 September 2025
Adopted by the Board of Directors of North West Electricity Networks (UK) Limited on 22 September 2025
Adopted by the Board of Directors of North West Electricity Networks (UK) Limited on 22 September 2025
Adopted by the Board of Directors of North West Electricity Networks (UK) Limited on 22 September 2025
Adopted by the Board of Directors of North West Electricity Networks (UK) Limited on 22 September 2025
Adopted by the Board of Directors of North West Electricity Networks (UK) Limited on 22 September 2025
Adopted by the Board of Directors of North West Electricity Networks (UK) Limited on 22 September 2025
Adopted by the Board of Directors of North West Electricity Networks (UK) Limited on 22 September 2025
Adopted by the Board of Directors of North West Electricity Networks (UK) Limited on 22 September 2025
Adopted by the Board of Directors of North West Electricity Networks (UK) Limited on 22 September 2025
Adopted by the Board of Directors of North West Electricity Networks (UK) Limited on 22 September 2025
Adopted by the Board of Directors of North West Electricity Networks (UK) Limited on 22 September 2025
Book Three – Internal Audit, Risk and Compliance
Part I – Corporate Risks and Control
Adopted by the Board of Directors of North West Electricity Networks (UK) Limited on 22 September 2025
Adopted by the Board of Directors of North West Electricity Networks (UK) Limited on 22 September 2025
Adopted by the Board of Directors of North West Electricity Networks (UK) Limited on 22 September 2025
Part II - Compliance
Adopted by the Board of Directors of North West Electricity Networks (UK) Limited on 22 September 2025
Adopted by the Board of Directors of North West Electricity Networks (UK) Limited on 22 September 2025
Adopted by the Board of Directors of North West Electricity Networks (UK) Limited on 22 September 2025
Adopted by the Board of Directors of North West Electricity Networks (UK) Limited on 22 September 2025