Corporate Responsibility

The Group has the responsibility for managing the challenges that affect the business on a daily basis; this also includes our impact on the environment, our workforce, and the community.

Environment

F W Thorpe Plc carbon offsetting scheme, Devauden, Wales

The Group is committed to minimising the environmental impact of both its manufacturing processes and its products. However, even with the most responsible approach, some carbon dioxide (CO2) will be released into the atmosphere as an indirect result of factory and selling activities and customers’ use of luminaires.

In 2009, F W Thorpe designed an ambitious carbon-offsetting scheme to help compensate for these emissions. We have chosen to plant trees. Why trees? Trees and other plants absorb CO2 during photosynthesis. One tree grown to maturity in open space can absorb approximately 1 tonne of CO2 over its lifetime. A forest covering many acres can effectively lock up CO2, creating a 'carbon sink'.

The scheme is now accredited under the Woodland Carbon Code.

Corporate Governance

As a company whose shares are traded on the Alternative Investment Market of the London Stock Exchange Plc, the company is not required to comply with the Principles of Good Governance and Code of Best Practice (“The UK Corporate Governance Code”, or the “Code”).

However, the Board considers the Quoted Companies Alliance’s “Corporate Governance Guidelines for Smaller Quoted Companies” (the QCA Guidelines) relevant due to the size and complexity of the company. The QCA Guidelines apply key elements from the Code and other relevant guidance to the needs of small and mid-size quoted companies for which the Code may not be entirely or directly relevant.

Site Last Updated: 17th March 2017

Without limitation, any and all information contained in these pages does not constitute an offer for sale or an invitation to subscribe for, or the solicitation of an offer to buy or subscribe for shares of the capital of the Company in any jurisdiction where such an offer or solicitation to or by any national, resident or citizen of such countries is unlawful and is not for distribution in or into the United States, Canada, Japan, Australia or South Africa or their respective territories or possessions.

Copyright © 1998-2017 F W Thorpe Plc