Governance & responsibility
The highest standards of corporate governance and responsibility
Governance that works from the top down and from the bottom up.
01Top down
Governing a decentralised, diverse portfolio
The group sets the framework, and the board holds it to account.
- A Code of Ethics and a Levels of Authority matrix govern day-to-day activities
- Key issues are discussed and reviewed by the board and its sub-committees
- The DLX Ethics Line, externally managed
- An internal audit function: progressive, independent, value-adding and responsive
02Bottom up
First line of defence
Every business owns its controls, and the group verifies them.
- Processes and structures at business level are the first line of defence
- Business and divisional executive committees, and risk and audit committees
- Due diligence on all third-party partners, externally verified
03What this delivers
Results
Dynamic and iterative risk assessment and mitigation actions
Strategic review and identification of opportunities
Stakeholder engagement
Functional governance comes from the heart. Doing the right thing, even when no one is watching.
Next step
Responsibility beyond the boardroom
Our ESG framework sets out how we create sustainable value for all our stakeholders.