Picton Property Income Limited Sustainability Report 2021

PictonProperty Income Limited Sustainability Report 2021

14

Approach

Introduction

Environmental Focus

Sustainable Buildings

Our Employees

Stakeholder Engagement

Appendix

Approach Our approach to sustainability continued

Governance

Composition of the Board

Role

Leadership The Board of Picton has responsibility for the long-term success of the business, providing leadership and direction with due regard and consideration to all of our stakeholders. The Board comprises the Chair, two Executive Directors and three independent Non-Executive Directors. They have a range of skills and experience that are complementary and relevant to the business. The biographies of each of the Directors are set out on pages 66 and 67 of the Annual Report. The Board has full responsibility for the direction and control of the business, and sets and implements strategy within a framework of internal controls and risk management. The Board has established four Committees with agreed terms of reference to have oversight of and responsibility for particular business functions. These are:

The Directors act as they consider most likely to promote the success of the business for the benefit of all our shareholders. In doing so, the Directors have regard for the likely long-term consequences of their decisions, maintaining the need to act fairly between all stakeholders. The Board seeks to engage with all of its stakeholders, whether directly or delegated through management.

Number

%

Non-Executive Chair Executive Directors Independent Non- Executive Directors

1

17%

2 33%

3 50%

More details on how the Board engages with stakeholders on pages 62–63 of the Annual Report 2021

Diversity

Number

%

Male

4 67% 2 33%

The Governance section of the Annual Report sets out more information on the role and structure of the Board and its activities over the year. Data In line with a best practice approach to risk management of privacy and data governance, we have established measures to protect the privacy and security of data and ensure compliance. We have adopted corporate policies and operating procedures governing how we collect, use, retain and protect our data.

Female

– Audit and Risk – Remuneration – Nomination – Property Valuation

Tenure

Number

%

0 to 3 years 3 to 6 years

4 67% 2 33%

The Committees meet on a regular basis and more details on their activities are included in the Annual Report.

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More details on the Committees in the Governance section of the Annual Report 2021

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