Ecora is committed to conducting business ethically and transparently, in accordance with high corporate governance standards in all areas of our business.
Progress in 2023
- 100% completion of Ecora’s 2023 corporate governance training programme
- Completion of new cybersecurity assurance and training programme
- Obtained Cyber Essentials certification
- 100% completion of 2023 Modern Slavery Statement KPIs
2024 priorities
- Appointment of a new Chair (please see Corporate Governance section of Annual Report for further details)
- Completion of 2024 Modern Slavery Statement KPIs
- Roll-out of 2024 corporate governance training programme
- Implementation of new cybersecurity policies
- Prepare for anticipated changes to the UK Listing Rules
Key governance highlights in 2023
Corporate governance
In 2023, we reviewed and updated many of our key policies, including our Bribery, Corruption and Anti-Money Laundering Policy and our Whistleblowing Policy. All employees and Directors completed our 2023 Corporate Governance Training Programme, which included training on anti-bribery and corruption, business integrity, related party transactions, share dealing and diversity, among other topics.
Cybersecurity
In 2022 Ecora appointed a third-party cybersecurity specialist to undertake a data penetration test and vulnerability assessment and advise on the security and information technology infrastructure and policies appropriate to our business needs. In light of the findings from such assessments, during the course of 2023 Ecora has implemented improvements which were needed to its information technology systems and Is currently preparing new cybersecurity policies. As a result of this review, with assistance from a third-party specialist, Ecora has now developed a full suite of cybersecurity policies that will be implemented in the first quarter of 2024. In 2023, all employees and Directors were offered training on cybersecurity and Ecora applied for and obtained the nationally recognised Cyber Essentials certification.
Modern Slavery Statement
Ecora is committed to embedding human rights and labour principles in its business and is a member of the United Nations Global Compact. In early 2024, Ecora published its second voluntary Modern Slavery Statement (the ‘Statement’) which demonstrates the Company’s commitment to human rights both at the corporate and portfolio level, and also through its supply chains. Ecora completed its 2023 Modern Slavery Statement KPIs, a summary of which is provided below.
We have agreed the following KPIs for the financial year ending 31 December 2024:
- expand our community engagement programme
- develop a sustainability roadmap supported by metrics and targets
- expand on the Company’s employee health and well-being programme
Read our Modern Slavery Statement on our policies page.