Holiday Inn 2012 Annual Report Download - page 59

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OVERVIEW BUSINESS REVIEW GOVERNANCE
GROUP FINANCIAL
STATEMENTS
PARENT COMPANY
FINANCIAL STATEMENTS OTHER INFORMATION
Corporate Responsibility Committee Report
Governance
Audit Committee Report and Corporate Responsibility Committee Report 57
The Corporate Responsibility Committee takes responsibility for considering the
strategy, policies, management, measurement systems and key programmes and
projects for Corporate Responsibility across the Group.
Committee membership
Appointed to Length of
Meetings Committee tenure to
Member Role attended from 31 Dec 2012
Jennifer Laing Chairman 3/3 Feb 2009 3 yrs 11 mths
Graham Allan Member 1/1 (retired Jun
2012) n/a
Luke Mayhew Member 3/3 Jul 2011 1 yr 6 mths
Dale Morrison Member 1/1 Nov 2012 2 mths
Richard Solomons Member 3/3 Jun 2011 1 yr 7 mths
Ying Yeh Member 3/3 Aug 2011 1 yr 5 mths
Total meetings held 3
Governance
The Committee’s terms of reference are available on the Company’s
website www.ihgplc.com/investors under corporate governance/
committees or from the Company Secretary’s office on request.
The Committee was in place throughout 2012.
The majority, four out of the five members, of the Committee are
Non-Executive Directors as required under its terms of reference.
Responsibilities
The Board delegates authority to the Committee for all Corporate
Responsibility matters. The Committee’s key responsibilities are set
out below:
• to review and advise the Board on Corporate Responsibility
objectives and strategy;
• to review policies and approaches to sustainable development
and Corporate Responsibility matters;
• to review reports on performance and progress against KPIs
relating to Corporate Responsibility;
• to review internal and external audit reports on Corporate
Responsibility and monitor progress towards actions; and
• to review the content of the Corporate Responsibility Report.
Key issues discussed in 2012 meetings
During 2012, the Committee considered, amongst others, the
following matters:
• the Group’s approach to Corporate Responsibility;
• review of the impact of the IHG Shelter in a Storm Programme
including specific case studies and learnings for the future;
• review of the key Green Engage, IHG Shelter in a Storm
Programme and IHG Academy 2013 objectives and 2012
achievements;
• review of the impact of the IHG Academy roll-out and its
successes to date;
• further embedding of our Corporate Responsibility policies
across the business;
• receive an update on competitor Corporate Responsibility
strategy and execution, and the implications for IHG; and
• review stakeholder engagement and communications.
Key priorities for the Committee in 2013
Corporate Responsibility continues to be an area of great importance
to IHG. During 2013 the Committee will continue to review Corporate
Responsibility strategy, objectives and progress particularly with
respect to rolling out key Corporate Responsibility programmes
around the world.
For further information on our approach to Corporate Responsibility
matters see pages 34 to 37.
Jennifer Laing
Chairman of the Corporate Responsibility Committee
18 February 2013