Governance

The operations board maintains overall responsibility for CR – managing the risks associated with the delivery of our strategic objectives across multiple business units. It consists of the management team leading each business unit and shared service teams. Our chief operating officer chairs the monthly operations board meeting and reports on its activities to the main board of directors on a quarterly basis.

From 2011/12, each executive board member will take responsibility for a pillar of our ETHOS strategy, driving CR from the highest levels.In 2010, we established the Green Projects Group to manage the opportunities and threats to Grainger arising from climate change. Chaired by our chief operating officer, this group is an example of how we are embedding our CR strategy further into the business.

Specific target delivery is assigned to individuals and teams throughout Grainger and is now integrated into individuals’ personal objectives each year. The operations board reviews progress against targets at least quarterly.

For the risks and opportunities that we currently monitor, please visit Risks and Opportunities.