The Inspecs Group plc Board sets the Group’s strategy for achieving long-term success and is accountable to the Company’s stakeholders, including shareholders, customers, suppliers and employees.  It is also ultimately responsible for ensuring that appropriate and effective governance frameworks are established. 

The Board Directors recognise the value and importance of good corporate governance.  An appropriate governance framework supports operational, financial and risk management, the effectiveness of which drives performance, and enables the Group to achieve its strategic objectives for the benefit of all stakeholders. The Board decided to adopt a formal governance code in January 2020, in order to be able to demonstrate how the Company operates in accordance with widely accepted principles of good governance. 

The Company has established practices which the Board consider to be proportional to the size, risks, complexity and operations of the businesses in which Inspecs operates.  The Board believes that the Company complies with each of the principles of the Quoted Companies Alliance Corporate Governance Code (the “Code”).  As Company Chairman I am pleased to share with you our new Corporate Governance Statement.