Corporate governance

Corporate governance

Electricity North West is committed to a high level of corporate governance commensurate with its status as a public interest entity.

The Board believes effective corporate governance is the keystone to a successful and well run business that will benefit shareholders and wider stakeholders alike. With that in mind we commissioned Ffion Hague from Independent Board Evaluation to perform an evaluation of how the Board, Committees and individual directors are performing. The results were encouraging. It was acknowledged that the Company is performing well through a demanding few years. In order to continue this good start, an action plan was put in place to address the findings of the Evaluation.

The company provides a Corporate Social Responsibility (CSR) report each year using the Global Reporting Initiative (GRI) reporting guidelines.

In November 2011 we published our Corporate Social Responsibility statement which was GRI compliant. This can be found here.

Reporting against the GRI framework and indicators allows third parties to compare our performance and commitment with other national and international organisations. The GRI Report considers company performance in three key areas, namely Economic Performance, Environmental Performance and Social Performance. We will continue to report against the GRI framework going forward.

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