Governance

We are strongly committed to upholding the highest business standards and 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.

Completed training for RWS colleagues for FY22 was 98% – the 2% is made up of new starters and colleagues on long term leave of absence.

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 corporate governance arrangements in place. The Board considers that RWS does not depart from any of the principles of the QCA Code and our 2022 Annual Report includes details of our compliance, which is reviewed annually in line with the requirements of the QCA Code.

Statement of Compliance with the QCA Corporate Governance Code

The Board and Committees

The Board is committed to enhancing engagement and seeks to build honest, respectful and transparent relationships with all of the Company’s stakeholders. As with other large and complex companies, the Directors fulfil their duties partly through a governance framework which delegates day-to-day decision decision-making to the Executive Directors and, within defined levels of costs and impact, Divisional leadership teams.

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.