Corporate Governance Report
This Corporate Governance Report describes the manner in which the Company has applied the Main Principles of the UK Corporate Governance Code (the Corporate Governance Code). The Company has been in compliance with the Principles set out in Sections A to E of the Corporate Governance Code throughout the year.
Senior Code of Conduct
The Senior plc Group has a clearly defined vision to be a trusted and collaborative high value-added engineering and manufacturing company producing sustainable growth in operating profit, cashflow and shareholder value. In working towards this vision, Senior maintains an absolute commitment to the highest standard of ethics and a zero tolerance towards bribery and corruption.
The Senior Code of Conduct (“the Code”) provides a clear framework for employees by:
- Clearly setting out the behaviour we expect of all employees
- Providing guidelines which help us apply our values
- Enabling you to raise a concern or ask a question if you are in doubt.
Employees are required to take personal responsibility for behaving in an ethical way and for their own actions. They are also required to confirm, on a regular basis, that they have complied with the Code.
Modern Slavery Act Statement
Senior is committed to preventing slavery and human trafficking in its corporate activities and in its supply chain.
This statement sets out the Company's actions to assess potential modern slavery risks related to its business and the adoption of processes to minimise any risk of slavery or human trafficking in the Company’s business and supply chain. This statement relates to actions and activities during the financial year to 31 December 2016.