Holiday Inn 2013 Annual Report Download - page 70

Key issues discussed in 2013 meetings
The Committee discussed, amongst others, the following matters:
Date Key issues discussed
15 February • Discussed performance against 2012 delivery plan
and set 2013 priorities
• Discussed the Corporate Responsibility Report
approach for 2013
• Received a deep dive update on the IHG Shelter
in a Storm Programme
24 May • Received an update on the key achievements
across core corporate responsibility programmes;
IHG Green Engage, IHG Academy and IHG Shelter
in a Storm Programme
• Considered the integration of responsible
business into the IHG corporate brand
• Reviewed the 2013 to 2017 corporate responsibility
external targets
• Evaluated the corporate responsibility work
undertaken with owners and developers in key hotels
18 June • Received a deep dive update on IHG Green Engage
and considered proposals for the implementation of
IHG Green Engage as a brand standard across the
IHG system
• Considered the corporate responsibility
communications plan and progress made
on delivering it
• Discussed the Group’s approach to and policy
on human rights
26 September • Received a deep dive update on the IHG Academy
• Discussed the corporate responsibility Investor
Breakfast and Media Briefing and subsequent
press releases announcing IHG’s external
corporate responsibility targets
• Received an update on the integration of responsible
business into the IHG corporate brand
• Considered the corporate responsibility work
undertaken with owners and developers in
key hotels
2013-2017 Corporate responsibility targets
On 26 September 2013, the Group announced its corporate
responsibility targets for 2013-2017, which are focused on our
core Corporate Responsibility programmes: IHG Green Engage,
IHGAcademy, and IHG Shelter in a Storm Programme.
Our five-year targets are set out on page 32 and include: reducing
the carbon footprint per occupied room by 12% across our entire
estate; reducing water use per occupied room in water-stressed
areas by 12%, providing skills and improved employability to 20,000
people through the IHG Academy; and contributing a total of
$10 million to communities through monetary donations and in-kind
support, including through the IHG Shelter in a Storm Programme.
We will also track and report supply chain diversity and integrate
corporate responsibility criteria into the selection and evaluation
process for preferred suppliers.
Key priorities for the Committee in 2014
Corporate responsibility continues to be an area of great
importance to IHG and I, as Chairman of the Committee,
am committed to promoting this as a significant part of doing
business responsibly. During 2014 the Committee will continue
to focus on making the best use of our key corporate
responsibility programmes around the world and ensure
responsible business remains synonymous with IHG.
Jennifer Laing, Chairman of the Corporate
Responsibility Committee
17 February 2014
Dear Shareholder
Roles and responsibilities
The Corporate Responsibility Committee advises the Board on
the Group’s corporate responsibility objectives and strategy and
ensures that IHG’s responsible business priorities deliver against
our core purpose, Great Hotels Guests Love.
Terms of reference (ToR)
Our role and responsibilities are set out in the ToR which can be
found on the Company’s website at www.ihgplc.com/investors
under corporate governance/committees or from the Company
Secretary’s office on request.
Governance
All members have the experience and expertise necessary to
meetthe Committee’s responsibilities. During the year, a majority
ofthe Committee members were Non-Executive Directors,
asrequired under the ToR.
For further information on IHG’s approach to Corporate Responsibility
matters see pages 32 and 33.
Committee meetings
In 2013, the Committee held three scheduled meetings and one
additional meeting to discuss the corporate responsibility targets.
Regular papers were received on corporate responsibility
performance as well as deep dives into IHG’s core corporate
responsibility programmes; IHG Green Engage, IHGAcademy
and the IHG Shelter in a Storm Programme.
The Heads of Corporate Responsibility and the Chairman (Patrick
Cescau) also attend the meetings.
Effectiveness of the Committee
The Committee is monitored and assessed annually as part of
the Board and Committee evaluation.
Further details of this process can be found on page 65.
Committee membership
Jennifer Laing Chairman
Members
Luke Mayhew, Dale Morrison, Richard Solomons, Ying Yeh
For full biographies see pages 57 to 59.
68 IHG Annual Report and Form 20-F 2013
Corporate Governance continued
Corporate Responsibility
Committee Report