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Strategic report
OCU Group | Annual report and financial statements 2025
Governance
Financial statements
Ensuring excellent business standards Governance
As we advance our strategic ambitions and deepen our commitment to sustainability, the implementation of clear, dynamic, and resilient governance principles remains fundamental to how we operate. The Group’s governance structure is continuously enhanced to drive high performance, embed transparency and accountability, and foster a culture of continuous improvement and strategic risk management across the business. Through the regular review and enhancement of its policies and practices, OCU ensures alignment with leading best practices and emerging standards. This proactive stance not only mitigates potential risks but also unlocks opportunities for innovation, leadership, and resilience across the utilities and energy transition sectors. As part of this ongoing commitment, the Group has further strengthened its governance mechanisms to oversee and guide strategic initiatives, ensuring that ethical standards, regulatory compliance, and stakeholder expectations are proactively and consistently met. Sustained excellence in governance remains integral to safeguarding stakeholder trust and empowering OCU’s long-term growth and innovation.
Michael Cornwell Group General Counsel and Company Secretary
“Governance is the driving force behind our sustainable growth and leadership. With a strengthened ESG Committee, forward-thinking risk management, and a living Code of Conduct, we are building a business that leads ethically, adapts resiliently, and upholds the highest standards of integrity in everything we do.”
Responsible and transparent culture • Open and honest ‘speak up’ culture. • Consistent and authentic ‘tone from the top’. • Transparent and compliant supply chain aligned to our values. Robust compliance regime • Strong governance platform. • Demonstrable adherence with laws and ethical standards. • Robust data security and privacy program. Effective risk management • Resilient performance through effective risk management. • Maximise opportunities presented by emerging sector risks. Targets • 100% Leadership Engagement visits carried out across the business.
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