The board is ultimately responsible
to the company’s
shareholders for the group's corporate governance, strategic
objectives and the stewardship of the company's resources. Board
responsibility for EHS rests with the Chief Executive. The group
Director of Environment, Health and Safety is responsible for
the function and reports to the Chief Executive. The board undertakes
a formal review of EHS performance annually, delegating specific
responsibility for EHS matters to the Environment, Health and
Safety Committee (EHSC).
The EHSC is chaired by the Director of EHS and
reports to the Chief Executive’s Committee. Divisional
directors responsible for the group’s manufacturing operations
are members of the Committee. The EHSC meets every two months
to review EHS
performance and consider key policy and operational issues.
Performance is monitored using monthly information on significant
events, health and safety statistics and detailed site audit
reports. The Audit Committee considers risks associated with
EHS and monitors performance through the group control self-assessment
process administered by the internal audit function. Ultimately
EHS performance is dependent upon leadership from the top,
accountability
at divisional and line management level and individuals taking
a responsible attitude to their own health and safety performance
at work.
Johnson Matthey is committed to managing these activities to
provide the highest level of protection to the environment and
to safeguard the health and safety of employees, customers and
the community. Assessing and controlling the risks though professional
management also minimises the financial implications for the
company, protecting shareholder interests. Certain risks are
insured, but this is no substitute for sound management of the
function.
Our EHS management
system provides guiding principles to ensure high standards
are achieved at all
sites around the world. It also promotes continuous improvement
based on careful risk assessment. The corporate policy statement,
widely disseminated within the business, is signed by the Chief
Executive and fully endorsed by the board.