Search our site Menu Home Investors Governance Board responsibilities Board responsibilities The Board has ultimate responsibility for the overall leadership of the Group and in this role it oversees the development of a clear strategy for the Group, monitors operational and financial performance against agreed goals and objectives and ensures that appropriate controls and systems are in place to manage risk. It has a formal schedule of matters specifically reserved to it. The Board meets eight times a year and currently comprises of the Chairman, the Group Chief Executive, the Group Finance Director, four independent non-executive directors and one non-independent non-executive director. The Chairman is an independent (non-executive) director. All members of the board have full access to the advice and services of the Company Secretary. Where necessary the directors may take independent professional advice at the company's expense. The matters reserved for the Board can be categorised into four broad areas: Matters required by law to be reserved for the Board’s decision, such as approval of the report and accounts, appointment of new Directors and declaring dividends. Requirements of the UK Listing, Prospectus and Disclosure and Transparency Rules, such as approval of circulars to shareholders and significant communications. UK Corporate Governance Code recommendations, such as ensuring the Company has a sound system of internal control and risk management, and approving the Board’s and Committees’ terms of reference. Other matters such as approval of the Group’s strategy and budget, material corporate transactions and capital expenditure Matters reserved for the Board December 2020 Download (pdf,122.0 KB) Governance The Board is committed to high standards of corporate governance and to complying with the provisions of the UK Corporate Governance Code. Read more Sustainability Croda urges G20 leaders to keep Paris Agreement ‘within reach’ Read more Innovation International chemicals leader Croda expands presence at Techspace One Read more Innovation Croda officially opens its Crop Care Product Validation Centre Read more Share Price 9772.00p +30.00p (delayed) at 16:35 (GMT) 24 Nov 2021 More Information What We Do Adhesives Agrochemicals Automotive and transport Buildings and construction Beauty and personal care Dietary supplements Electronics & Devices Energy, resources and renewables Food ingredients Furniture and wood Household, industrial and institutional cleaning Lubricants Oleochemicals Packaging and print Paints and coatings Pharmaceuticals Phase change materials and thermal management Polymer additives Skin health Textiles, nonwovens and tissues Water treatment What makes Croda? Watch our video here OUR REPORTS 2020 Annual Report Download 2020 Sustainability Report Download Croda International Plc Cowick Hall Snaith Goole East Yorkshire DN14 9AA United Kingdom Tel: +44 (0) 1405 860551 Contact Us Worldwide Locations © 2021 Croda International Plc | Terms and Conditions | Privacy Policy | Accessibility statement About cookies on this site By continuing to use this website, you agree to the use of cookies. You can find out more details in our Privacy policy.