Governance
We recognize sound corporate governance is critical to ensuring we operate effectively, and in a manner that enhances long-term value for our shareholders. We believe effective oversight comes from a board of directors (board) that has a broad range of skills and industry knowledge, as well as a diversity of perspectives that align with our company’s long-term strategy.Our Board includes our president and CEO and 11 independent directors with deep experience and diverse skills and backgrounds The Board is responsible for oversight of NJR’s overall strategy, including all ESG issues. Learn more.
The board is organized into three active standing committees: the Audit Committee, the Leadership Development and Compensation Committee (LDCC), the NCGC, as well as an Executive Committee. Independent directors comprise the Audit Committee, LDCC and NCGC. Learn more.
Under the leadership of NJR’s corporate risk officer, NJR’s Enterprise Risk Management department engages management annually to identify, score and prioritize key risks to the business. Climate change has been recognized as a risk to the business, and the associated considerations are embedded in many of the other key risks monitored in the risk registry. Learn more.
NJR’s Code of Conduct represents our company’s commitment to conduct our business in a professional manner that meets all ethical and legal business obligations. Our additional ethical business practices include our Political Contributions Policy, transparency and reporting, cybersecurity and our Human Rights Policy. Learn more.