Speedpak CLG is committed to operating to the highest standards in relation to its practices and structures in order to meet its social and economic impact and long-term sustainability objectives.
The Board operates to an annual schedule of nine meetings agreed to at the start of each year. The Board has two Sub Committees to support its work, the Governance Sub-Committee and the Finance Audit Risk & Remuneration Committee.
The financial statements of Speedpak CLG are fully audited on an annual basis and are prepared in accordance with accounting standards generally accepted in Ireland and with Irish Statute. Speedpak’s auditors are McInerney Saunders.
The Company’s training programmes are also independently audited by both the Department of Employment and Social Protection and POBAL.
Speedpak CLG is committed to the implementation of the requirements of the Charities SORP (Statement of Recommended Practice) applicable to Charities.
The Company adopted the Good Governance Code in 2016 and has made considerable progression on the Journey in 2018. You can see Speedpak CLG’s name on the list of those on this journey on the Governance Code website. The Company will be compliant with the Governance Code in 2019. Full compliance will allow us demonstrate our honesty, integrity and transparency and give stakeholders, including funders and potential investors, continued confidence in partnering with us to achieve greater social impact and better outcomes for long term unemployed people.
Visit the Benefacts website for further information on Speedpak CLG’s non-profit status.