Corporate governance

Board Governance

The Kelda Holdings Board is open and accountable to each of the company’s shareholders and stakeholders for maintaining standards of corporate governance.

Ofwat has set out principles by which it considers that the holding company of a regulated company operating in the water sector in England and Wales should be guided by in relation to its governance (the Ofwat Holding Company Principles). These complement Ofwat’s principles for regulated companies operating in the water sector in England and Wales and are limited to those areas where Ofwat considers that the activities of the holding company could impact on the regulated company’s ability to meet its obligations.

In accordance with the Ofwat Holding Company Principles, the Board adopted its own Board Leadership, Transparency and Governance Code in January 2015 (Kelda Holdings Transparency Code).

 

Kelda Group's Board Governance