Taking risk is an inevitable aspect of the businesses we operate within and therefore risk management is a fundamental part of achieving our strategy.
We involve, empower and give ownership of the identification and management of risk to all of our operating companies.
All of our principal risks are considered against the backdrop of the overarching Group strategy and purpose: "One Company united by a common purpose and culture, committed to serving our customers and the community" and are mapped against the three central tenets:
- Serving our customers in a way that no one else can;
- Creation of long-term value; and
- Making Cambridge a better place.
For more information, please see page 30 in the pdf of the 2018 Report and Accounts at the end of this section.
The Group endeavours to apply the highest standards of corporate governance and has a goal of continuous improvement in governance processes. Although as a private limited group it is not subject to the UK (Corporate Governance) Code ("the Code"), the Group has, for the last 20 years, implemented the Code guidelines where it has been practical and appropriate to do so.
For more information, please see page 46 in the pdf of the 2018 Report and Accounts at the end of this section.
Code of Business Ethics
The Board continues to ensure that the Group’s code of business ethics remains up to date with
For more information, please see page 53 and 54 in the pdf of the 2018 Report and Accounts