Corporate governance
The role of the Board is to promote the long-term success of the Company, generating value for stakeholders and contributing to wider society by providing effective leadership and direction to the business as a whole. It sets the Group’s strategy, having regard to stakeholders, while maintaining a balanced approach to risk within a framework of effective controls. It has also established the Company’s purpose and values and monitors culture to ensure alignment. Its sets the tone and approach to corporate governance and is responsible for the overall financial performance of the Group. The Board delegates specific powers for some matters to committees, details of which are set out below.
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Constitutional and other documents
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Tax strategy
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Biffa plc Subsidiary Companies Section 172 and Corporate Governance Compliance Statements
The Companies (Miscellaneous Reporting) Regulations 2018 (the “Regulations”) require Biffa plc and a number of its subsidiaries to publish a statement explaining how the Directors of these entities have given due regard for the matters set out in section 172 (1) (a) to (f) of the Companies Act 2006 while performing their duty to promote the success of the Company for the benefit of its members as a whole ("s.172 statement"). The Regulations also require certain entities to provide details on their corporate governance arrangements. The subsidiary statutory accounts, below, include the relevant statements that are captured by the Regulations.
Biffa Waste Management Limited
The Biffa plc s.172 statement can be found on page 11 of the 2022 Annual Report and Accounts.
UK Waste Management Limited
Specialist Waste Recycling Limited
Syracuse Waste Limited
Biffa (West Sussex) Recycling Limited
Biffa Environmental Municipal Services Limited
Biffa Leicester Limited
Biffa Municipal Limited
Biffa West Sussex Limited