Corporate Governance
The Company is controlled through its Board of Directors which meets regularly, including away days, to review the strategy of the Group. The Board has delegated authority to the Committees of the Board on specific matters. The executive management is delegated to the Chief Executive, Executive Directors and certain other senior managers who, together, form the Group Management Board (GMB).
Please see the latest TUI Travel Annual Report & Accounts for further details of our corporate governance structure and membership of the Nomination, Audit and Remuneration Committees.
Management of sustainable development
The first Group Sustainable Development Survey (view Data and Materiality page for details) showed that there are approximately 23 FTE (full-time equivalent) people working on sustainable development at TUI Travel, including the Group Sustainable Development department, Sector Coordinators and business-level champions.
Commitment from the most senior level is vital to us achieving our goal of leading the leisure travel sector in sustainable development. Following the creation of TUI Travel PLC in September 2007, a new governance structure was established for sustainable development:
PLC Board
Johan Lundgren (Managing Director, TUI Northern Region) is responsible for reporting on key sustainable development issues to the PLC Board.
Group Management Board (GMB)
Dermot Blastland (Managing Director, TUI UK & Ireland) is responsible for reporting on key sustainable development issues to the GMB. He receives monthly reports on progress from the Group Sustainable Development department.
Steering Committee
The Steering Committee, chaired by Dermot Blastland, is composed of sector managing directors and meets at least once a year. The Steering Committee oversees sustainable development at TUI Travel, setting the strategic direction and long-term objectives.
On 8 May 2008, the Board-level Steering Committee had its inaugural meeting, chaired by Jonathon Porritt of Forum for the Future (view Partner statement page for details). The Steering Committee discussed the sustainable development issues facing TUI Travel, set out the Group’s priorities and drafted long-term objectives.
Since their inaugural meeting, the Steering Committee members have been engaged on the development of the strategy through the Mainstream managing directors’ Board and individually by Sector Coordinators.
Group Sustainable Development
During 2007/08, we established a Group Sustainable Development department of four members, reporting directly to Dermot Blastland. It is responsible for driving TUI Travel’s sustainable development performance towards FTSE100 best practice and forging industry leadership in key sustainability issues.
Group Sustainable Development works closely with other Group departments and our network of Sector Coordinators. It has a particular remit to guide TUI UK & Ireland’s sustainable development strategy and activities.
Sector Coordinators
Each TUI Travel sector has a Sustainable Development Coordinator, reporting on these issues directly to the Sector Managing Director. Mainstream businesses have a Sector Coordinator in each major geographical region.
Sector Coordinators are responsible for identifying Group and sector-specific targets, collating performance data and developing and implementing sustainable development strategy within their sector. Some have a full-time role in sustainable development and others take on the role in addition to other responsibilities.
During 2008, the Sector Coordinators met three times and contributed to our strategy development process (view Strategy development page for details). Since creating our Group strategy on sustainable development, the Sector Coordinator meetings have had an operational focus.
Champions Network
Sector Coordinators are responsible for appointing champions in each TUI Travel business, to support them in the delivery of their Sector’s sustainable development strategy. View the Our People section for more details on communications and training for champions.
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