At Spectris we are committed to maintaining high standards of corporate governance, both at Board level and throughout the Group. We see this as fundamental to the effective and responsible management of the business and for the delivery of shareholder value over the long term. The skills and experience of the Board are set out in their biographies here.
We particularly emphasise the strong relationship that exists between ethics and governance and the role of the Board in demonstrating ethical leadership. The standards we require are set out in our Code of Business Ethics, which is communicated to all our employees and business partners.
Spectris plc is subject to the UK Corporate Governance Code which can be found at www.frc.org.uk. During 2018, Spectris complied fully with the UK Corporate Governance Code 2016 and details about the ways in which Spectris applied the principles of the Code during 2018 are set out in the 2018 Annual Report and Accounts and can be viewed here. On 1 January 2019, Spectris became subject to the 2018 version of the UK Corporate Governance Code and the Board has developed a work plan to meet the new obligations. Spectris will report on compliance with the 2018 Code in its 2019 Annual Report and Accounts.