Brand Partners Hublot Big Bang Integral Titanium

Board committees

Our board committees provide a platform for boards to deal with specific issues that require specialised areas of expertise.

Nomination Committee

Key responsibilities

  • Review the structure, size and composition of the Board and its committees
  • Give full consideration to succession planning for the Board and other senior management
  • Review the leadership needs of the organisation
  • Identify and nominate potential Board candidates
  • Review the results of the Board performance evaluation process relating to composition and diversity and assess how effectively members work together to achieve objectives
  • Support workforce initiatives that promote a culture of inclusion and diversity

Audit Committee

Key responsibilities

  • Monitor the integrity of the financial statements of the Company and Group
  • Review the appropriateness and consistency of significant accounting policies
  • Review and report to the Board on significant financial issues and judgements
  • Carry out a robust assessment of the Group’s emerging and principal risks on an annual basis
  • Review the Group’s internal control and risk management systems
  • Monitor and review the effectiveness of the Group’s internal audit function
  • Review the effectiveness of the External Auditor process
  • Develop and implement policies on the engagement of the External Auditor to supply non-audit services
  • Monitor and review the External Auditor’s independence and objectivity

Remuneration Committee

Key responsibilities

  • Determines remuneration policy for the Company Chair, Executive Directors, the Company Secretary and other members of the Senior Management as designated
  • Determines remuneration packages for the Company Chair, Executive Directors, the Company Secretary and other members of the Senior Management as designated
  • Review the appropriateness of the Remuneration Policy on an ongoing basis and make recommendations to the Board on appropriate changes
  • Obtain up to date comparative market information and appoint remuneration consultants as required to advise or obtain information
  • Approve design of, and set targets for, performance related incentives across the Company
  • Oversee any major changes to benefits for employees
  • Oversight of wider workforce pay practices and incentive arrangements
  • Ensure failure and excessive risk taking are not rewarded

Environmental, Social and Governance Committee

Key responsibilities

  • Providing oversight on behalf of the Board in relation to the Company’s ESG strategy and activities
  • Overseeing any ESG strategic goals, targets and key performance indicators
  • Ensuring the Company monitors current and emerging ESG trends, relevant international standards and legal/regulatory/governance requirements and identifies how these are likely to impact on the strategy, operations and reputation of the Company
  • Receiving reports and recommendations from key management stakeholders/sponsors and steering groups
  • Overseeing communication of ESG strategy and progress made on any objectives internally and externally
  • In conjunction with the Audit Committee, overseeing the management of ESG risks, as well as opportunity identification.
  • Making recommendations to the Board in relation to the required resourcing and funding of ESG related activity.
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