Compliance with the UK Governance Code and other requirements
For the 2019 financial year, we reported under the UK Corporate Governance Code 2018 (the ‘Code’). The Code consists of an updated set of principles that emphasise the value of good corporate governance to long-term sustainable success. It puts increased emphasis on corporate culture, and the relationships between companies, their shareholders and other stakeholders.
Throughout the year, we applied the principles of the Code to our decision making and have ensured that there is good co-operation within the Group to enable us to discharge our governance responsibilities effectively. We continue to communicate our Purpose, Values and strategy across the Group to “keeping the world flowing for future generations” which reflects our commitment to being a sustainable long term business.
Pages 62 to 74 of the Annual Report 2019 provide a summary of the system of corporate governance adopted by Rotork. Download the Annual Report here.