BP 2012 Annual Report Download - page 103

Corporate governance
BP Annual Report and Form 20-F 2012
101
102 Governance overview
104 Board of directors
109 Executive team
112 How the board works
112 BP’s governance framework
112 Who’s on the board?
112 Roles of the chairman, group chief executive and senior
independent director
112 Director independence
112 Succession: board and committee membership
112 Ad-hoc board committee – Russia
113 Appointment and tenure
113 Time commitment and outside appointments
113 Diversity
113 The work of the BP board in 2012
114 Board effectiveness
114 Induction and board learning
115 Board evaluation
116 Shareholder engagement
116 Institutional investors
116 Private investors
116 AGM
117 Risk in BP
117 The role of the board
117 The role of executive management
117 Review of risk management
118 BP’s risk management system
120 Committee reports
120 Audit committee
122 Safety, ethics and environment assurance committee
124 Gulf of Mexico committee
125 Nomination committee
126 Chairman’s committee
126 UK Corporate Governance Code compliance
Corporate
governance
Information on how the
company is governed,
including risk management
and activities of the board.
Corporate governance
Corporate governance
BP Annual Report and Form 20-F 2012
101
Regulatory information
For more information see page 147.
Directors’ remuneration report
For more information see page 127.