Corporate Governance

Our Board is committed to the highest standards of corporate governance. Meet our Board of Directors below.

Corporate Governance

Our Board is committed to the highest standards of corporate governance. Meet our Board of Directors below. See more

Our Board & Executive Committee

Governance framework

Governance Framework

The Board has ultimate responsibility for the overall leadership of the Group.

The governance framework ensures that the Board remains effective in both making decisions and maintaining oversight of key strategic, financial, operational and compliance matters, which are set out in the Schedule of Matters Reserved that the Board has adopted.

In line with the Terms of Reference approved by the Board, certain matters are delegated to its Committees, which carry out detailed work and report on their activities to the Board at each meeting.

Responsibility for the operation of the Group is formally delegated by the Board to the Chief Executive Officer ('CEO'), who manages the operational running of the business through the Executive Committee ('ExCo').

The Board

Board Committees

Executive Committee (‘ExCo’)

Operational and Functional Leadership

The Board

The Board’s role is to ensure the long-term sustainable success of the Group by setting strategy through which value can be created and preserved for the mutual benefit of our stakeholders.

In making its decisions, the Board considers the Group’s purpose, strategy and culture, and discusses stakeholders’ wide-ranging views and priorities.

The Board also provides rigorous challenge to management and ensures the Group maintains effective risk management and internal control systems.

There are a number of key areas that are specifically reserved for the decision of the Board. Other matters, including the day to day management of the Group, may be delegated to the ExCo. Although a wide range of the Board’s powers and authorities are delegated to the CEO, the Board retains ultimate responsibility and authority for their exercise.

Board Committees

The Board delegates specific areas of focus to its Committees. Committee members have the requisite skills and experience to enable the Committee to deep dive into certain topics of importance on behalf of the Board.

The Chair of each Committee formally reports to the Board at every meeting, demonstrating accountability for the recommendations made by the Committee to the Board and ensuring that the Board retains suitable oversight of the matters delegated to its Committees.

Audit Committee

Reviews the integrity of the financial statements and related announcements.
Monitors the adequacy and effectiveness of the Group’s risk management and internal control framework.
Maintains and manages the relationship with the Internal and External Auditors, including monitoring their performance and reappointment.
Reviews whistleblowing arrangements and any reports arising.

Nomination Committee

Reviews succession plans for the Board, its Committees and the ExCo, considering structure, size, composition and diversity.
Develops a formal, rigorous and transparent procedure for making recommendations on appointments to the Board.
Ensures that the Board has the appropriate knowledge, skills and experience to operate effectively and deliver the Group’s strategy.

Remuneration Committee

Reviews the strategy and policy in relation to terms and conditions of engagement of the Chair, the Executive Directors, Group Company Secretary and other members of the ExCo.
Determines the remuneration of the Chair, Executive Directors, Group Company Secretary and other members of the ExCo.
Reviews workforce remuneration-related policies and practices.

Sustainability Committee

Oversees the strategies, policies and performance of the Group in relation to matters encompassing environment, social and governance.
Reviews the environmental and social impact of the Group’s operations.
Ensures that appropriate frameworks are put in place to maintain good governance of the Group’s operation of sustainability matters and that key stakeholders remain actively engaged.

Disclosure Committee

Advises the Board to ensure the timely and accurate disclosure of price-sensitive information that is required to be disclosed to meet legal and regulatory obligations and requirements.

Regulatory Statements

Reports on Payments to Governments

Report on Payments to Governments for the year ended 31 December 2024

Report on Payments to Governments for the year ended 31 December 2023

Report on Payments to Governments for the year ended 31 December 2022

Report on Payments to Governments for the year ended 31 December 2021

Report on Payments to Governments for the year ended 31 December 2020

Pension Schemes

Ibstock Pension Scheme - Statement of Investment Principles

Ibstock Pension Scheme - Fair Processing Notice

Ibstock Pension Scheme - Engagement Policy Implementation Statement for the year ending 30 November 2024

Section 172 Companies Act 2006 Statements

Anderton Concrete Products Limited AFS 2024

Figgs Bidco Limited AFS 2024

Forticrete Limited AFS 2024

Ibstock Brick Holding Company Limited AFS 2024

Ibstock Brick Limited AFS 2024

Ibstock Building Products Limited AFS 2024

Ibstock Group Limited AFS 2024

Ibstock Manufacturing Services Limited AFS 2024

Longley Concrete Ltd AFS 2024

Longley Holdings Limited AFS 2024

Supreme Concrete Limited AFS 2024

Coltman Precast Concrete Limited AFS 2024

Valerie Coltman Holdings Limited AFS 2024

s430(2B) Statement

Chris McLeish - s430(2B) Statement

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WE ARE Ibstock

Corporate Governance

Our Board is committed to the highest standards of corporate governance. Meet our Board of Directors below.

Corporate Governance

Our Board is committed to the highest standards of corporate governance. Meet our Board of Directors below. See more

Governance Framework

The Board has ultimate responsibility for the overall leadership of the Group.

The Board

Board Committees

Executive Committee (‘ExCo’)

Operational and Functional Leadership

Related Documents

Regulatory Statements

Reports on Payments to Governments

Pension Schemes

Section 172 Companies Act 2006 Statements

s430(2B) Statement

Subscribe to our regulatory news email alerts