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Currys PLC on Friday said it is closing down its environmental, social and governance committee. The London-based electronics retailer said the ESG committee was set up as a committee of the board in 2023, and has since played a role in setting its ESG strategy and goals. ‘The board has considered the progress made on the ESG strategy, and the upcoming reporting requirements for sustainability and has agreed that it is the right time to evolve the governance structure for ESG,’ Currys said. It said an existing group sustainability leadership team will now manage the day-to-day oversight of ESG goals. The other responsibilities that were held by the ESG committee will now be split between the board and the audit committee. The committee had been made up of non-executive directors Eileen Burbidge, as chair, Magdalena Gerger and Octavia Morley. Burbidge stepped down from the board at the annual general meeting earlier this month. Gerger will now attended meetings of the group sustainability leadership team, while Morley will continue in her role as senior independent director and chair of the remuneration committee. Shares in Currys were down 0.7% at 134.00 pence at midday on Friday in London. Copyright 2025 Alliance News Ltd. All Rights Reserved.
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