143 Social Responsibility and Sustainability Report 2017 | PRISA G4-35 Report the process for delegating authority for economic, environmental and social topics from the highest governance body to senior executives and other employees. Regulations of the Board of Directors (Articles 5, 11, 14, 15, 17, 26, 27,28, 29 and 30). The Board of Directors does not delega-te its powers and authority in the strict sense to either senior management or other employees. Senior management is understood as including members of the Business Ma-nagement Committee, which consists of: i) the CEOs of the Business Units of the Group, whom have been delegated powers by the respective board of the unit to which they belong and ii ) top executives from the corporate center and some business units. Additionally within each business unit, and according to the organization chart of each unit, top executives have speci-fic powers necessary for the performan-ce of their duties. G4-36 Report whether the organization has appointed an executive-level position or positions with responsibility for economic, environmental and social topics, and whether post holders re-port directly to the highest governance body. ACGR Section C. Regulations of the Board of Directors (Articles 5, 11, 14, 15, 17, 26, 27,28, 29 and 30) The Board of Directors has an Executive Delegate Committee which is granted all the powers and duties of the Board subject to delegation, without prejudice to the powers delegated to the President and CEO. Senior managers and executives are appointed by the Board - subject to a report from the Appointments and Re-muneration Committee – and report di-rectly to the Board, the Chairperson or the CEO, and also have responsibility for economic, social and environmental issues.
Informe_Anual_PRISA_EN
To see the actual publication please follow the link above