Holiday Inn 2014 Annual Report Download - page 70

Dear Shareholder
Roles and responsibilities
The Committee advises the Board on the Group’s corporate
responsibility objectives and strategy, its approach to sustainable
development, and ensures that IHG’s responsible business
priorities deliver against our core purpose, Great Hotels
Guests Love.
Our role and responsibilities are set out in our terms of reference
(ToR), which are reviewed annually and no changes were made
for 2015. The ToR are available 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 and a majority of the Committee
members are Non-Executive Directors, as required under the ToR.
What did the Committee consider in 2014
During the year, the Committee’s key activities included:
Targets and core programmes
• Continually monitoring progress against our five-year
targets (2013-2017) – see page 33 and www.ihgplc.com/
responsiblebusiness for details.
• Receiving progress updates on the key achievements in 2014
across the three core corporate responsibility programmes:
IHG Green Engage, IHG Academy and IHG Shelter in a Storm,
including an in-depth case study of an IHG Academy set up by
a franchised hotel, Holiday Inn Stoke On Trent, and in-depth
reports on IHG Shelter in a Storm.
• Inviting external speakers to the meetings to explore key topics,
including a presentation from CARE on its strategic relationship
with IHG, and an overview of the landscape of responsible
business by the Chief Executive of Business in the Community.
• Discussing the Group’s performance against the 2014 delivery
plan and setting 2015 priorities.
• Reviewing proposals for implementing and applying a brand
standard in respect of IHG Green Engage for all hotels in the
IHG System (see page 33).
Communication and awareness
• Evaluating the Responsible Business Communication Plan
for 2014 and the results of the Employee Engagement survey,
which had included questions in respect of the awareness and
impact of our core corporate responsibility programmes.
Responsible business activities continue to drive very high
levels of pride in our employees, with 92 per cent of respondents
saying they felt more positive about IHG as a result of corporate
responsibility programmes.
• Considering methods to raise the levels of awareness and
adoption of our corporate responsibility programmes in
franchised hotels, such as our IHG Race Around the World event.
• Considering our corporate responsibility initiatives in the
context of our broader responsible business practices and
endorsing plans to have a broader IHG Responsible Business
Report for 2014 (published in 2015).
The Committee, along with our Corporate Responsibility team and the rest of the Board, also
took part in an IHG Race Around the World event in Hyde Park in London, a fundraising event
in support of, and building awareness for, IHG Shelter in a Storm.
Our priorities for 2015
During 2015, our priorities will be to: (i) continue to support IHG
to ensure meaningful progress on our five-year corporate
responsibility targets; (ii) further embed responsible business
in the IHG brand and help to deliver external communications to
support this; and (iii) further extend the success of IHG Shelter in
a Storm by increasing IHG’s disaster preparedness capabilities
and developing links with humanitarian agencies to grow IHG’s
disaster relief capabilities.
Jennifer Laing, Corporate Responsibility Committee Chairman
16 February 2015
Committee membership and attendance
Members1Attendance
Jennifer Laing (Chairman) 3/3
Luke Mayhew 3/3
Dale Morrison 3/3
Richard Solomons 3/3
Ying Yeh 3/3
Total meetings held 3
1 For full biographies see pages 57 to 59.
The Heads of Corporate Responsibility and the Chairman of the
Board also attend the meetings.
“ Ensuring meaningful progress against
our five-year targets will remain a key
focus of the Committee.”
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IHG Annual Report and Form 20-F 2014
continuedCorporate Governance
Corporate Responsibility Committee Report