The CSP Network is delighted to report that all 43 CSPs and the CSP Network have achieved the UK Sport and Sport England governance code which is considered to be among the most advanced in the world.
Lee Mason Chief Executive of the CSP Network says;
“CSP have been working hard over the last 12 months to ensure that they are compliant with the Governance Code and ensuring their boards demonstrate the principles of good governance. This is an ongoing process and all CSPs and the CSP Network will strive to continually improve and develop in this area”
One example of continuous improvement is how CSPs and CSP Network are working with Sport England and Inclusive Boards on strengthening their Diversity Action Plans through a series of training events and webinars. Further support across the other principles is also being provided across the network.
The governance code was introduced in April 2017 and sets out the levels of transparency, accountability and financial integrity required from organisations who ask for Government and National Lottery funding. The governance codes aims to protect the value for money the public receives from investment into sport and maximise the effectiveness of those investments.
The code has three tiers and isproportionate, expecting the highest standards of good governance from organisations requesting the largest public investments, including:
- Increased skills and diversity in decision making, with a target of at least 30 per cent gender diversity on boards
- Greater transparency, for example publishing more information on the structure, strategy and financial position of the organisation
- Constitutional arrangements that give boards the prime role in decision making.
The Code has, at its heart, five Principles of good governance.
- Standards and Conduct
- Policies and Processes
For more information on the Governance Code visit Sport Englands Website
For more information on the CSP Network please contact email@example.com