Summary of UKEB 5th Private Session 20 July 2021
PRESENT:
| Name | Designation |
|---|---|
| Pauline Wallace | Chair |
| Amir Amel-Zadeh | Member |
| Mike Ashley | Member (From Minute 1 to 4.4) |
| Phil Aspin | Member |
| Kathryn Cearns | Member |
| Katherine Coates | Member |
| Paul Lee | Member |
| Giles Mullins | Member |
| Liz Murrall | Member |
| Sandra Thompson | Member (From Minute 4.4 onwards) |
| Michael Wells | Member |
I. Administrative Matters
1.1The Chair welcomed everyone to the meeting. There were no apologies for absence.
1.2There were no declarations for conflict of interest in relation to the matters to be discussed in the meeting.
1.3The Board approved the minutes of the meeting held on 9 July 2021 for publication.
1.4The Board noted the Action log of the items arising from previous meetings.
2. Risk Register - Key Risks Review
2.1The Board considered and discussed the paper which outlined the key risks for recording on the UKEB's risk register, the risk mitigations and the timeline for developing the Risk Management Framework.
2.2The Operations Director thanked the Board for their comments and agreed to take the suggestions into consideration while preparing the risk register.
3. Conflict of Interest Policy
3.1The Board considered and discussed the draft of the Conflicts of Interest Policy and the draft of the Gifts & Hospitality Policy which was closely linked to, and referenced in, the draft Conflicts of Interest Policy.
3.2The Operations Director thanked the Board for their comments and suggestions and agreed to take them into consideration while revising the Policy. It was agreed that further revisions would be discussed with the Chair and the final version would be presented to the Board at a future meeting.
4. Technical Updates
4.1The Board noted the recent technical updates. The Board noted that the Work Plan and the Register of meetings would be published on UKEB website.
5. Draft strategy on thought leadership activities
5.1The Board considered the draft thought leadership strategy which had been revised following the discussions at the 9 July 2021 Board meeting.
5.2It was outlined that while thought leadership was embedded across all UKEB activities, the draft strategy addressed the intent to engage in proactive long-term thought leadership and built on UKEB's influencing strategy.
5.3UKEB Secretariat agreed to take the suggestions and contributions into consideration when revising the strategy.
6. Sustainability Disclosures - Corporates
6.1The Board considered a paper outlining the background on domestic and international activity related to the development of sustainability disclosure regimes and standards.
6.2The Board noted that the Secretary of State for the Department for Business, Energy and Industrial Strategy (BEIS) was considering options to delegate the powers to endorse and adopt international sustainability standards for use in the UK.
6.3The Board committed to ongoing monitoring of the progress on BEIS's consultation in this area.