Effective corporate governance

The Audit and Risk Committee is Chaired by Richard Laing, comprising  Karen Whitworth, Elizabeth Brown and Wu Gang. This Committee’s role is to oversee the Company’s financial reporting process, including the risk management and internal financial controls that are in place within the Manager, the valuation of the property portfolio, the Group’s compliance with accepted accounting standards and other regulatory requirements as well as the activities of the auditors. Download the Audit & Risk Committee’s Terms of Reference.

The Nomination Committee is Chaired by Aubrey Adams, comprising Alastair Hughes and Karen Whitworth. This Committee's role is to review the size, structure and composition of the Board; and to ensure that the Board has the right mix of skills, experience and knowledge to enable the Company to fulfil its strategic objectives. The Committee is also responsible for making recommendations for new appointments to the Board and for reviewing the performance and terms of engagement for the existing Directors. Download the Nomination Committee's Terms of Reference.

The Management Engagement Committee is Chaired by Elizabeth Brown, comprising Aubrey Adams, Richard Laing, Alastair Hughes, Wu Gang and Karen Whitworth. The Committee’s role is to review the performance of the Manager and the Company’s other main service providers over the year and to recommend any providers for re-tender to the Board. The Committee is also responsible for overseeing any amendments to the Investment Management Agreement between the Company and the Manager. Download the Management Engagement Committee’s Terms of Reference.

The Investment Committee is responsible for leading the overall portfolio management of the Company, including the activities of Tritax Symmetry. The Investment Committee reviews and approves all investment and divestment decisions of the Company in line with the Company’s Investment Objectives and Investment Policy set by the Board. Download the Investment Committee's Terms of Reference. 

The ESG Committee is responsible for the oversight of the ESG matters of the Company. It reviews the sustainability strategy adopted by the Board and the Company’s progress on key corporate responsibility initiatives and makes recommendations to the Board regarding progress on integrating ESG factors into the business strategy and decision making. In addition, it provides oversight of the Manager’s ESG related policies to ensure the Manager and the Company are effective in meeting their social and regulatory requirements and achieving their objective of being a socially responsible corporate entity. Download the ESG Committee's Terms of Reference.

The Risk Committee reports to the partnership Board of the Manager and is responsible for identifying, recording and measuring risks of the Manager, and implementing controls to mitigate such risks. In addition, it has oversight of the risk assessments made by Tritax Big Box as well as the other funds managed by Tritax Group, to amplify the focus on risk and to ensure Tritax Big Box is alerted to any new risks identified by the Manager and to ensure consistency across the funds. The Risk Committee does not duplicate or replace the work of the Board’s Audit & Risk Committee but enhances the Manager’s support and reporting to the Board. 

The Manager has set up a Green Finance Committee (“GFC”), as a sub-committee of its ESG Committee, to act on behalf of the Group to oversee the application of any ‘green’ financing secured by the Company in order to ensure that selected assets or projects comply with the applicable criteria set out in the relevant financial instrument. It is also responsible for approving the Annual Green Finance Report and reviewing the Green Finance Framework to reflect any changes with regards to the Company’s sustainability strategy, change in market standards and criteria selection. Download a copy of the Green Framework. Download a copy of the Green Finance Committee Terms of Reference.

The Executive Committee has oversight for the group as a whole and is responsible for reviewing the corporate and capital strategy and activity of the group. It considers all key operational items, including compliance, risk and liquidity. The Committee makes any necessary recommendations up to the Tritax Big Box REIT plc Board and will receive and review monthly reports before circulation to the Board. Download a copy of the Executive Committee's Terms of Reference.