Responsibilities and Members
Total's Board of Directors has 12 members, including a director representing Total's employee shareholders and a director representing employees who is designated by the Central Works Committee of the Upstream /Holding Company Unit of Economic and Employee Interest (UES). Six members are women (54% of the Board) and five are non-French nationals (45%). The Board defines Total’s strategic vision and ensures its implementation.
How the Board of Directors Works
The Board of Directors' Rules of Procedure set out its responsibilities and procedures. They spell out the obligations of each director and the responsibilities and authority of the Chairman & Chief Executive Officer.
The Governance & Ethics Committee
The Governance & Ethics Committee recommends to the Board of Directors qualified candidates for election as directors or appointment as corporate executive officers. The Committee’s other main objectives are to prepare the corporate governance rules applicable to the Company, monitor their application, ensure respect for ethics and discuss any questions related to ethics or conflicts of interest.
The Compensation Committee reviews compensation policies for Total’s senior executives and Executive Committee members. It also recommends the compensation for each corporate executive officer.
The Audit Committee assists the Board of Directors by ensuring the quality of internal control and the reliability of financial information.
Created in 2011, the Strategy Committee assists the Board of Directors in defining Total’s strategic vision, to ensure our growth and business development.