Governance
Our Governance
We have robust processes to make sure that our business is run responsibly.
Our People & Planet Plan alongside our wider sustainability activities, are fully embedded in the business with strategic oversight from the Group Sustainability team.
The Board has ultimate responsibility for sustainability matters and reviews strategy alongside related performance as regularly as needed throughout the year. The Board is principally supported in this duty by the following Committees and the Centrica Leadership Team, which monitors performance and provides appropriate challenge.
- The Safety, Environment and Sustainability Committee (SESC) reviews related matters and monitors progress as well as risks and opportunities at three annual meetings;
- The Audit and Risk Committee reviews mitigations for Principal Risks as well as the process for audits and disclosures quarterly;
- The Remuneration Committee ensures sustainability matters are adequately incorporated in incentive plans for executive directors and wider colleagues at the four meetings held annually;
- The Nominations Committee ensures the appropriate balance of skills, knowledge and experience to lead the company at the three meetings held a year.
Our Assurance
In 2025, we engaged DNV Business Assurance Services UK Limited (DNV) to provide assurance that selected information within our responsible business disclosure met required international standards.
DNV has provided an unqualified opinion in relation to four key performance indicators for the Annual Report and Accounts 2025 which are outlined in the documents below.
- Centrica Basis Of Reporting 2025(PDF – 350kb)
- DNV Assurance Statement 2025(PDF – 235kb)
Our Reporting
In addition to our annual reporting, we share our performance throughout the year in tailored communications, to better meet the needs of our stakeholders.
Our core responsible business reporting is delivered through our Annual Report and People & Planet Update, supported by our UNGC Communication on Progress and Data Centre. To inform our reporting, we use external indices, guidelines and frameworks which include the EU Non-Financial Reporting Directive (EUNFRD), the International Integrated Reporting Framework (IIRC), the Taskforce on Climate-Related Financial Disclosures (TCFD), the Global Reporting Initiative (GRI) and the Sustainability Accounting Standards Board (SASB). Like many companies, we’re evolving our approach to ensure compliance with reporting requirements such as the Corporate Sustainability Reporting Directive (CSRD), the Corporate Sustainability Due Diligence Directive (CSRDDD) and the International Sustainability Standards Board (ISSB), in line with reporting timelines.
We provide additional communications for those who might need more detail on specific issues. For example, every year we complete submissions on the additional steps we’re taking to address environmental matters such as climate change and water scarcity through our CDP disclosure, or how we’re responsibly managing workforce matters via WDI. All of which helps grow transparency and insight into how we’re energising a greener, fairer future.
We share case studies, blogs and news stories throughout the year to keep our stakeholders up to date on our progress.