Corporate governance

At Ocado Group, we maintain a strong corporate governance framework that supports sound decision-making, effective oversight and control, and the Group’s long-term success and sustainability. Our framework aligns with the requirements of the UK Corporate Governance Code and embeds our purpose, values and culture throughout the business.

Board of Directors

The Board of Directors sets Ocado Group’s strategy, establishes our purpose and values, and plays a major role in setting and leading our culture and wider sustainability agenda. Responsible for setting the Group’s risk appetite and ensuring a robust system of internal control and risk management remains in place. 

Find out more about individual Board members , matters reserved for the Board and Committee membership.

Our approach to policies and procedures ensures the highest standards

We understand that policies and procedures are an essential part of our organisation. We implement ours in a way that ensures we make the right decisions and do the right thing for both each other and the business as a whole.

Our policies cover almost every aspect of organisational control to ensure a high level of standards are upheld, meeting corporate governance requirements and aligning with company strategy. We support this with online training. It's not just about ensuring continued compliance with regulatory and legal requirements, but it is also about creating a level of control that provides a safe, uniform and ethical working environment throughout the group.

Our business resilience and risk mitigation‍

Ocado Group’s Enterprise Risk Management framework is designed to strengthen resilience and support the confident delivery of our strategic objectives. Anchored in a robust risk and internal control framework and our four lines of assurance model, it supports sound decision-making, protects people, assets and reputation, and helps safeguard long-term value.

The Board reviews and approves the Group’s risk management framework, defines the level of risk the Group is willing to take, and, through its biannual risk reviews, assesses the Group’s principal risks and the effectiveness of related internal controls. Additionally, the Board undertakes an annual review of emerging risks. Supported by the Audit Committee, Risk Committee, Internal Audit and a network of specialist committees (i.e. the Information Security Committee), the Board ensures the effectiveness of controls across financial, operational, reporting and compliance, and promotes a responsible and risk-aware culture aligned with Ocado’s purpose, values and strategy.