The Board of Directors has overall responsibility and oversight of all matters that impact our strategy, risk management, vision, and values. This includes approval, oversight and monitoring of our science-based targets and transition plan. Transition plan elements are considered within the context of competing demands for resource allocation and allocation decisions are made based on considering issues such as the elements' impact, cost and deadlines alongside those of competing projects. Where possible, win-win elements are prioritised, such as those that reduce operational cost and emissions at the same time. [...] Oversight and delivery of the transition plan, including the setting and review of targets and monitoring of progress towards them is the responsibility of the Board and, at the management level, the Executive Leadership team (ELT). [...] Our Sustainability Council supports the Executive Team through determining the relevant goals and objectives, reviewing environmental KPIs, resolving issues, mitigating risks to the plan, and recommending policies and processes to the Executive Team and Board. The Sustainability Council is a cross-functional team Chaired by the CEO, which meets quarterly and is tasked with the formation and successful delivery of the XP Power sustainability action plan and, within this, the net zero transition plan. [...] The Sustainable Development Working Group, led by our Sustainability Lead, sits below the Sustainability Council, and meets monthly, with more of an operational remit, managing and tracking the progress of specific sustainability projects.