Governance
We are strongly committed to upholding the values of good governance as we believe it is important for the long-term success of the business – our clients can depend on us, we can attract the top talent we need to help us innovate, our suppliers can rely on us, and it helps us secure the support of our investors. RWS is committed to promoting transparent, fair and timely decision-making that considers the needs of all our stakeholders.
Business ethics
We take a zero-tolerance approach to bribery and corruption, financial crimes, and other violations against professional integrity.
RWS is committed to acting professionally, fairly and with integrity in all our business dealings and does so in compliance with the RWS Group Code of Conduct. The Code of Conduct is reviewed annually to remain consistent with ever-changing regulatory standards and guidance. All colleagues must complete the Group Code of Conduct and undertake ethics training on an annual basis, and we require that everyone in our supply chain adheres to the same ethical standards as RWS.
Completed training for RWS colleagues for FY23 was 98%.
Organisational initiatives
RWS is not involved in meeting or lobbying authorities with regards to preparing legal and regulatory frameworks favourable to the development of its business globally.
Governance and reporting
As an AIM listed company, RWS has chosen to implement The Quoted Companies Alliance Corporate Governance Code (the QCA Code). The principles and disclosures laid out by the QCA Code provide a framework to ensure we have the appropriate governance arrangements in place. The Board believes that it complies with all the principles of the QCA Code and our 2023 Annual Report includes details of our compliance, which is reviewed annually in line with the requirements of the QCA Code.
The Board and Committees
The Board is committed to providing an environment and opportunities that encourage and reinforce the corporate culture of the Group. It is committed to extending the values that it promotes to include all stakeholder groups. The Board recognises the importance of, and is committed to, ensuring that effective corporate governance procedures are in place and that they are appropriate for a public company of the size and complexity of RWS.
Cyber security and data privacy
We take our cyber security and data protection responsibilities seriously. Our cyber security preparedness continues to evolve to address the changing risk landscape as well as ensuring we comply with the relevant jurisdictional regulations and data protection legislation.
