Go-Ahead

Ultimate accountability for risk management lies with the Board, supported by the work of the Audit Committee to which the Board has delegated responsibility for reviewing the effectiveness of the Group’s risk management and internal control systems. With clear leadership from the Board and Audit Committee, the Executive Directors play an integral role in helping the operating companies identify, assess and monitor their respective risks and controls. Through monthly meetings with the senior management of each operating company, the Executive Directors encourage open communication on risk matters within a clearly defined infrastructure and reporting process. Ownership of risk identification and mitigation lies with the senior management in operating companies where it is an integral part of day-today local company operations.

For more information about the Group’s identified risks and management system, please see our latest Annual Report.