Corporate Governance

At discoverIE, we remain committed to maintaining the highest standards of corporate governance. We strongly believe that good governance is fundamental to the effective management of the business and its continued success.

The Board leads the Group’s governance framework and is responsible for setting the strategy of the Group, monitoring progress, and ensuring that the appropriate internal controls are in place and that they are operating effectively.

The Board is assisted by four principal committees – Audit, Nomination, Remuneration and Sustainability – each of which is responsible for reviewing and dealing with matters within its own terms of reference, which can be found below. The Board exercises its oversight through the Group Executive Committee. Find out more in our Governance Report 2022.

The Board

Responsible for the long term success of the Group and ensuring appropriate controls are in place and risk management

Nomination Committee

Responsible for reviewing the structure, size and composition of the Board and its Committees, identifying and nominating suitable candidates for the Board. It considers diversity, culture, talent and succession generally.

Audit and Risk Committee

Responsible for overseeing and monitoring the Group’s financial statements, accounting processes, audit processes (internal and external) and controls.

Remuneration Committee

Responsible for reviewing and recommending to the Board the framework and policy for the remuneration of the Chairman, Executive Directors and Group Executive Committee.

Sustainability Committee

Responsible for setting the Group’s sustainability strategy, reviewing the Group’s ESG plans and arrangements, and seeking alignment with best practice.

Group Executive Committee

Responsible for the Group’s day-to-day operations, for delivering results, and for driving growth and ensuring this is done in a sustainable and ethical manner.