Audit & Risk Committee

The Committee has four scheduled meetings every year. It oversees the Company's systems for internal financial control, risk management and financial reporting.

View the Audit & Risk Committee terms of reference.

Remuneration Committee

The Remuneration Committee oversees the remuneration arrangements for Babcock's Directors and senior employees across all Divisions. It has five scheduled meetings per year and will also meet on an ad hoc basis as the need arises. The Committee is keenly conscious of the importance of having in place a fair remuneration structure, one that strikes a balance between rewarding employees' hard work and shareholder's interests.

View the Remuneration Committee terms of reference.

S403(2B) Companies Act 2006 Statements

Remuneration Policy

View the Company’s Remuneration Policy Report extracted from the Remuneration Report in the Annual Report and Accounts 2017. This Policy was approved by shareholders at the AGM on 13 July 2017. Further information can be found on page 98 of the 2017 Annual Report.

Nominations Committee

The Committee is open to all Non-Executive Directors and meets as and when required. Refreshing of the Board and succession planning are issues which the Committee, and Board as a whole, see as important aspects of its governance of the Company.

View the Nominations Committee terms of reference.