Storengy UK launches a new Responsible Business Board
Storengy UK launches a new Responsible Business Board to ensure that the company is held publicly accountable.
Storengy UK are pleased to announced that we have launched a new Responsible Business Board. The Board is committed to providing oversight and guidance on several business activities that affect the local community.
The board will focus on the 4 key areas in Storengy UK’s Business Charter:
- Fair Business Growth
- Transparency and Accountability
- Fair Employer
- Supporting our Communities and Environment
The Board will validate and scrutinise the Key Performance Indicators of the charter throughout the year, with the outcomes and recommendations highlighted to Storengy UK’s stakeholders through a publicly disclosed independent Annual Report, which will be managed and overseen by the Centre for Governance and Scrutiny [cfps.org.uk]. The Board will highlight areas of interest or concern among Storengy UK’s stakeholder groups, and will be focusing on business ethics, social responsibility, and social value.
Meetings will take place 3-4 times a year and the annual report will be compiled and made publicly available via Storengy UK’s website. The executive committee will then act upon any recommendations to improve the business and any impacts it may have on society.
Storengy Managing Director Michael Gibson explained that "the Responsible Business Board will have a ring of separation and authority that will allow it to operate with a detached and independent perspective. We expect to be constructively challenged and held to account by the Board for our progress across a range of business measures which are set out in detail in our Responsible Business Charter. We have set ourselves high standards, with measurable objectives and are prepared to be publicly scrutinised on our progress towards delivering and meeting these”.
Christine Gaskell CBE – the former chair of the Cheshire and Warrington Local Enterprise Partnership and ex HR Director for Bentley Motors – will take on the role of Chair of the Responsible Business Board. The Board also includes several distinguished scientists, business and community specialists, a high-profile Olympic gold medallist, together with three employee representatives.
“It’s an impressive team of talent and experience and I am delighted to take on the task of Chair, she said. This is a fantastic innovation that seeks to hold business publicly to account for the crucial aspects of its relationship with its community, employees, environment and ethical business practices in an open and transparent setting. We plan to make this an exemplar of ethical business and public accountability”.
More information on the Responsible Business Charter and Board will be published and announcements will be made as the work of the Scrutiny Board progresses.