Babcock International Group is committed to achieving the highest standards of corporate governance. Today, it is more important than ever to demonstrate excellence in our approach to business ethics and internal control.

Please see the Governance section of our latest Annual Report.

The Board

Executive Committee

Board Committees

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.

Remuneration Policy

View the Company's Remuneration Policy Report extracted from the Report of the Remuneration Committee in the Annual Report and Accounts 2019.  This contains some minor updates and clarification to improve the readability of the Policy approved by shareholders in 2017. There is no change to the underlying policy. The next formal approval of the Remuneration Policy by shareholders is scheduled for 2020.

View the Remuneration Policy approved by the Annual General meeting in 2017.

S430(2B) Companies Act 2006 Statement – Mike Turner

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.

Appointment and powers of Directors

Information and training for Directors

Conflicts of Interest

Board Procedure