UNBOUNCE - EXAMPLE PAGE-REPORT-ENTERPRISE DOCUMENT-KINGSPAN - Flipbook - Page 76
This statement outlines how
Kingspan has applied the
principles and complied with
the provisions set out in the UK
Corporate Governance Code
(July 2018) (the ‘Code’) and
the Irish Corporate Governance
Annex (the ‘Annex’).
Both the Code and the Annex can be
obtained from the following websites
respectively: www.frc.org.uk and
www.euronext.com
Statement of compliance
The directors confirm that the
Company has throughout the
accounting period ended 31 December
2021 complied with the provisions of
the UK Corporate Governance Code
(July 2018) and the Irish Corporate
Governance Annex, as set out below.
Cilla em Guarapuava
Parana, Brazil
Insulated Panels
Evolution and Concept
Panels
72 - 73
Stakeholder views
The Board notes the importance of
the principle underpinning Provision
5 of the Code, which asks Boards
to have regard for engagement
mechanisms with stakeholders. The
Board recognises its responsibilities
in this respect and other sections in
this Annual Report set out clearly
the long-lasting partnerships we
have developed with customers,
suppliers and communities. We are
also aware of the importance of
engagement with the workforce to
the development of strategy as well as
uncovering of risk and promoting new
opportunities. Linda Hickey has been
appointed as the director responsible
for workforce engagement to
facilitate the channelling of employee
views to Board discussions. During the
year, she had the opportunity to hear
employee views on a range of topics
through participation in our graduate
and management development
programmes, although site visits
and further face-to-face meetings
remained restricted. In addition, in
2021 we commenced a programme,
working with external advisers, to
develop wider employee engagement
across the Group which will in time
develop a deeper dialogue on a broad
range of issues including culture,
vision, health & well-being, and
training & development. This process
of engagement will allow the Board to
consistently assess and monitor the
evolution of the Company’s corporate
culture, while promoting the ability of
the workforce to raise concerns.
Board committees
The Board has established three
standing committees: Audit &
Compliance, Nominations &
