Our priority areas are underpinned by our commitment to operating responsibly. We have clear policies that ensure a consistent approach to the standards of operations and behaviours we expect from our colleagues and business partners. These policies include, but are not limited to, health and safety, environmental management, global sourcing code and data protection. Colleagues are required to complete mandatory learning to ensure policies are well understood and are actively encouraged to speak up without fear of reprisal should they believe these policies are not being adhered to and/or misconduct is taking place.
The ESG Committee comprises Non-Executive Directors and is a committee of the Board. Further information on the Committee's main responsibilities and activities undertaken during the year can be found in the ESG Committee Report.
The Executive Team is ultimately responsible for the day-to-day management of the ESG programme. Whilst ESG is regularly discussed at Executive meetings, recognising the importance of ESG, we have chosen to form an ESG Board comprising Executive members giving a dedicated monthly session to focus on strategic progress of our ESG programme. The ESG Board formally commenced in Q1 FY23.
With the formation of the ESG Board, we paused the previously reported ESG Steering Group towards the end of the financial year. The ESG Steering Group, which comprised functional leaders, met monthly throughout the year and was responsible for monitoring progress against our priority areas of focus, discussing external trends as well as sharing performance updates to the Transformation Board. The new ESG Board will review terms of reference for the ESG Steering Group in the new financial year to ensure we remain adequately positioned to deliver against our ESG strategy and priorities.
During this financial year, executive remuneration is linked to our performance in our Electric Services training target. We're pleased to have met this target which accounted for a portion of executive remuneration in FY22.