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Standard Life plc - Annual Report and Accounts 2007
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Responsible Investment

The Remuneration Committee has reviewed its remuneration policy against the ABI's recently published guidelines on responsible investment disclosure. It is satisfied that new non-financial measures of the annual bonus plan ensure that the Directors' remuneration does depend on the success in addressing environmental, social and governance issues. For example, the process targets of ensuring that appropriate risk and control mechanisms are in place relate to governance. The specific target of ensuring our people have the skills required to deliver valuable customer relationships is an important social goal. Environmental awareness is backed by a continuing focus on areas where we can reduce our environmental impact most significantly (buildings, paper, travel and waste); a greater involvement with more stakeholders (e.g. helping our suppliers to understand and reduce their supply chain impacts); and a commitment to measure the environmental impact of our business to a recognised standard, so we can track progress and benchmark our performance.