Drax Group PLC - Annual report and accounts 2011
During 2011, we delivered strong operational performance across the business.
Chief Executive’s statement
The business performed well in 2011 against a backdrop of volatile commodity markets and significant regulatory developments.
Maximising our value
Our overriding objective is to maximise the value of the Drax business whilst increasing our electricity generation from biomass, and so reducing our carbon footprint.
Our business is influenced by external factors, which we manage to the very best of our ability. Through focusing on our six key priorities we aim to achieve our vision and maximise shareholder value.
How we are performing
Our principal performance indicators provide a snapshot of how we are performing against our overriding objective to maximise shareholder value, and the progress we are making against our ...
From a nationalised, centrally planned system, the UK electricity sector has been transformed over the last 22 years. Privatisation, liberalisation and energy policy have shaped the market ...
Corporate and social responsibility
We operate our business within a framework of increasingly stringent and challenging legislative and regulatory requirements.
As at 20 February 2011, the Board consisted of the non-executive Chairman, four independent non-executive directors and four executive directors.