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LONDON - Currys plc announced Friday it is closing its Environmental, Social and Governance (ESG) Committee and redistributing its responsibilities among other governance structures within the company.
The ESG Committee, established in 2023, will have its duties shared between the Board, the Audit Committee, and an existing Group Sustainability Leadership Team (GSLT) comprised of functional leaders from executive teams. According to the company statement, the GSLT will now manage day-to-day oversight and delivery of ESG goals and the management of related risks and opportunities.
The decision comes after the Board’s assessment of progress made on the company’s ESG strategy and consideration of upcoming sustainability reporting requirements.
Committee member Magdalena Gerger will attend GSLT meetings to maintain independent oversight and support reporting of GSLT activities to the Board. Octavia Morley, who also served on the ESG Committee, will continue in her roles as Senior Independent Director and Remuneration Committee Chair.
Former Committee Chair Eileen Burbidge had already stepped down from the Board following the company’s Annual General Meeting on September 4, 2025.
The announcement was made in accordance with UK Listing Rule 6.4.6, which requires disclosure of changes to the responsibilities of Board members.
Currys plc is a consumer electronics retailer operating primarily in the United Kingdom and Ireland. The information was disclosed in a company press release.
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