Board of Directors

Governance framework for One Community for Sustainability (O.C.F.S) CIC

1. Introduction

The Board of Directors provides independent oversight, strategic direction, and fiduciary stewardship for O.C.F.S CIC. The Board ensures the company advances its community benefit mission through responsible decision‑making, compliance with CIC regulations, and effective risk management across AI, sustainability, events, and education operations.

2. Board Composition

• Target size: 5–7 directors including at least 1 independent non‑executive director
• Profile mix:
  • Social enterprise governance and CIC regulatory expertise
  • Finance and grant funding expertise
  • Technology and AI safety, data protection, cybersecurity
  • Sustainability, circular economy, and recycling operations
  • Community engagement, festivals, and education
• Diversity: Commit to balanced representation across gender, ethnicity, lived experience, and sector background. Annual review with improvement targets.
• Qualifications: Prior governance experience preferred. Mandatory training in safeguarding, GDPR, and charity‑adjacent governance principles within 90 days of appointment.

3. Roles and Responsibilities

• Strategy: Approve 3‑year strategy and annual operating plan. Monitor KPIs and mission alignment.
• Fiduciary oversight: Approve budgets, major contracts, and capital allocations. Review monthly management accounts and cash runway.
• Risk management: Maintain risk register. Oversee controls for data protection, health and safety, safeguarding, financial controls, and AI system governance.
• CEO appointment and evaluation: Hire, set objectives, conduct annual performance review, and establish succession plan.
• Impact governance: Approve community benefit statement and impact KPIs. Ensure compliance with the CIC asset lock and reporting.
• Policy oversight: Approve and periodically review key policies listed in Section 7.

4. Board Committees

• Audit & Risk Committee
  • Oversees financial reporting, internal controls, external audit, and enterprise risk register
  • Reviews grant compliance, restricted funds, and procurement controls
• People & Remuneration Committee
  • Oversees executive pay, performance frameworks, and safeguarding obligations
  • Reviews volunteer and contractor policies
• Nominations & Governance Committee
  • Leads director recruitment, onboarding, evaluations, and governance effectiveness reviews