The Sage Governance Framework
The Sage Governance Framework provides the basis for how governance, risk and compliance processes will operate across Sage to drive consistency, accountability and transparency. The framework is underpinned by five segments which will contribute to embedding best in class governance practices across Sage.
Policies set the context within which Sage can operate effectively to meet the expectations of internal and external stakeholders. All colleagues are required to be aware of and comply with Sage policies which are available from the Sage Governance repository on Sage Academy.
Committees with powers of authority delegated from the Board provide corporate and operational oversight that enables decision making to occur within Sage at the right level and time.
The Sage Governance Framework is being built into the corporate induction and annual performance review processes to nurture a 100% compliance culture and ensure it is integrated into everyday ways of working.
Three lines of defence
Operate to ensure an effective control environment which provides the Board with the right level of assurance that internal policy and regulatory requirements are met, processes and controls are operating effectively and risks are appropriately managed. All colleagues have a role to play.
Will be provided to ensure all colleagues are made aware of their roles, the activities that need to be performed to optimise performance and compliance to Sage policies.