Governance

We have voluntarily adopted the relevant aspects of the Quoted Companies Alliance Corporate Governance Code for Small and Mid-Size Quoted Companies (the QCA Code) and the Annual Reports from the Company include an enhanced governance section.

Thrive is also in the process of reviewing the requirements of the 2023 QCA Code, and we are actively working towards early adoption of the updated Code Principles which apply in respect of accounting periods commencing on or after 1 April 2024.

The code sets out governance guidance and best practice appropriate for companies the scale of Thrive Renewables and while the company is not listed on any stock exchange, the QCA Code is largely relevant for our business.

It is important for Thrive to prioritise the interests of its shareholders and corporate governance is the means through which this can be achieved. By following the QCA Code we are demonstrating our commitment to communicating effectively, maintaining trust and providing an effective management framework for the business.