Annual Report 2012 - National Savings Bank

173BRANCHING OUT INTO NEW VENTURESGRI COMPLIANCE INDEX3.8 Basis for reporting on joint ventures, subsidiaries, leased facilities,outsourced operations, and other entities that can signicantly affectcomparability from period to period and/or between organisations.3.9 Data measurement techniques and the bases of calculations, includingassumptions and techniques underlying estimations applied to thecompilation of the Indicators and other information in the report.3.10 Explanation of the effect of any re-statements of information providedin earlier reports, and the reasons for such re-statement.3.11 Signicant changes from previous reporting periods in the scope,boundary, or measurement methods applied in the report.Report SectionN/APage/sSustainability Review 140Sustainability Review 140Sustainability Review 1403.12 Table identifying the location of the Standard Disclosures in the report. Sustainability Review 1723.13 Policy and current practice with regard to seeking external assurance for N/Athe report.4. GOVERNANCE, COMMITMENTS AND ENGAGEMENT:4.1 Governance structure of the organisation, including committees underthe highest governance body responsible for specic tasks, such as settingstrategy or organisational oversight.Corporate Governance 564.2 Indicate whether the Chair of the highest governance body is also anexecutive ofcer.4.3 For organisations that have a unitary board structure, state the numberof members of the highest governance body that are independent and/or non executive members4.4 Mechanisms for shareholders and employees to providerecommendations or direction to the highest governance body4.5 Linkage between compensation for members of the highestgovernance body, senior managers, and executives (including departurearrangements), and the organisations’ performance (including social andenvironmental performance).4.6 Processes in place for the highest governance body to ensure conicts ofinterest are avoided.Annual report of Board ofDirectorsAnnual report of Board ofDirectors190190Sustainability Review 146Sustainability Review 146Sustainability Review 146NATIONAL SAVINGS BANK . ANNUAL REPORT 2012