Corporate governance
The Board remains committed to high standards of corporate governance in directing the Group's affairs and in its accountability to shareholders. The Directors believe these are key to managing our business effectively and delivering shareholder value over the longer term.
You can read more about how Aberdeen Group plc is governed via its governance framework which is documented in the Board Charter. The Charter comprises 3 elements:
Part 1 – Responsibilities and Matters Reserved for the Board – how the Board operates
Part 2 – Roles and Responsibilities of Members of the Board – what is expected of Directors
Part 3 – Terms of Reference of the Board Committees – how the Board Committees operate
The regulations governing the rights of shareholders, the conduct of meetings and the appointment, removal and powers of the Directors are set out in the Company's articles of association.
Application of the UK Corporate Governance Code (the Code) for year ended 31 December 2024
For the year ended 31 December 2024, the Board has carefully considered the principles and provisions of the Code and has concluded that its activities during the year and the disclosures made within the Annual report and accounts comply with the requirements of the Code.
Diversity
Board Diversity statement
The Board:
- Recognises that diversity can bring insights and behaviours that make a valuable contribution to its effectiveness and the Group’s performance
- Supports the CEO’s commitment to achieve and maintain a diverse workforce and an inclusive workplace
- Believes in equity and supports the principle that the best person should always be appointed to the role with due regard given to the benefits of a full range of diversity characteristics, when undertaking a search for candidates, whether executive or non-executive
- Is committed to maintaining the diverse composition that is appropriate to its needs
- Has a zero-tolerance approach to unfair treatment or discrimination of any kind, both throughout the Group and in relation to clients, individuals and 3rd parties, associated with the Group
- Supports and has oversight of the Group’s DEI framework