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GlaxoSmithKline has several groups that identify governance and
ethical issues, recommend ways to manage them and periodically review
the management of the issues. EHS issues are among those reviewed
and addressed by these groups.
The Risk Oversight and Compliance Council (ROCC) is responsible
for co-ordinating the internal control and risk management activities
of the company. EHS is identified as one of the areas of the business
that has the potential for serious adverse consequences if not managed
properly. The Vice President, Corporate Environment, Health and
Safety is a member of ROCC. The ROCC reports its evaluation of EHS
risk management to the Corporate Executive Team.
The Corporate Executive Team (CET) actively manages EHS
issues. JP Garnier has identified himself as the champion of environment,
health and safety for both the CET and the Board. He ensures that
EHS issues are regularly debated to verify that we are pursuing
responsible programmes for all GSK operations.
The Board of Directors has two committees that evaluate the management
and effectiveness of our EHS programme. These review and oversight
mechanisms provide opportunities for environment, health and safety
issues to be considered at the highest level of the organisation.
The Audit Committee of the Board reviews EHS performance
to confirm that issues are properly managed and controlled. The
Vice President, Corporate Environment, Health and Safety makes regular
presentations to the Audit Committee so that they can review measures
of environment, health and safety performance and track our progress
toward meeting EHS targets. They also review the results of EHS
audits of GSK operations, contract manufacturers and key suppliers.
The level of scrutiny of the Audit Committee is in line with requirements
of Sarbanes-Oxley.
The Corporate Social Responsibility Committee
(CSRC) advises the Board on social, ethical and environmental issues
that have the potential to seriously impact GSK's business and reputation.
The Vice President, Corporate Environment, Health and Safety provides
reports to the CSRC on those aspects of EHS that have social implications
above strict regulatory compliance such as sustainability.
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