Governance that supports GRTgaz’s commitments

GRTgaz is a French "société anonyme" - the equivalent of a public limited company. It is 74.6% owned by Engie, 24.8% by Société d'Infrastructures Gazières (a public consortium made up of CNP Assurances, CDC Infrastructures and Caisse des Dépôts) and 0.6% by the company's employees.

Members of the Supervisory board

Update: June 2020

The Board of Directors has 17 members, seven of which are women.

14 Board Members are appointed by the General Meeting of Shareholders

• 9 representatives of the Engie group,
• 3 representatives of Société d’Infrastructures Gazières,
• 2 Independent Board Members.

Mme Adeline DUTERQUE
Présidente du conseil d'administration

Mrs Dominique BOURGEON - Representative of ENGIE Investissements 56
Mr Didier HOLLEAUX - Representative of ENGIE
Mrs Christine DEHESDIN - Representative of CELIZAN
Mr Xavier PERRET - Representative of GDF International
Mrs Hélène VERBOCKHAVEN - Representative of SFIG
Mrs Caroline ADAM-PLANCHON - Representative of SPERANS
Mr Jean-Baptiste SEJOURNÉ - Representative of VOCANIA
Mrs Claire BRABEC-LAGRANGE - Representative of ENGIE Home Performance
Mr Gautier CHATELUS - Members of the Supervisory board
Mr Olivier GUIGNÉ - Members of the Supervisory board
Mrs Françoise TAUZINAT - Members of the Supervisory board
Mr Michel DESTOT - Independant member of the board
Mrs Anna CRETI - Independant member of the board

3 Board Members representing employees 

Also present at meetings of the Board of Directors, but without voting rights, are: a Commissioner from the French government, the CEO of GRTgaz, a representative from the Central Works Council, and the Head of Compliance (Article L.111 -34 of the French Energy Code).

Mr Vincent de LAHARPE - Member representing employees
Mr Nicolas PERRY - Member representing employees
Mrs Gaëlle CABUT - Member representing employees

People participating to the Supervisory board without voting rights

Mme Anne-Florie CORON - Government Commissioner
Mr Arnaud CROCQ - Representative of CSEC
Mr Thierry TROUVE - CEO GRTgaz
Mr Christophe POILLION - Compliance officer

The Board of Directors is assisted by three consultant committees:

• The Investment Committee
  This committee analyses the investment policy and gives an overall opinion on investment proposals.
• The Audit Committee
  This committee ensures that suitable accounting methods are being used, analyses and formulates an opinion on the financial planning, assesses the efficiency and quality of internal controls, analyses risks and significant commitments, in particular with regard to provisions applying to the manager of an independent network.
• The Remuneration and Selection CommitteeThis committee analyses and formulates an opinion on the remuneration of Board Members and the CEO, as well as on applications for these positions.

The Management Committee takes decisions and arbitrates on strategic issues facing the company. 

In 2018, GRTgaz developed its governance to increase its agility and adapt to an energy sector in a state of flux. This new governance is based on a strengthened Management Committee and on the establishment of five distinct branches. It is responsible for GRTgaz’s strategic goals: to be a fully committed player in the energy transition and a recognised gas infrastructure leader in Europe. 
The Management Committee is made up of: 

• Senior Management,
• Branch managers, 
• The Head of the Operations Department (DO), 
• The Head of Human Resources (DRH), 
• The Project Executive,
• And the Director of Legal Affairs (DJ).

To confront the challenges posed by the energy transition, GRTgaz has grouped its Senior Management into five Branches:

1. The Commercial Branch, which links the gas system with the customer vision and implements commercial offers,
2. The Industrial Performance and New Technologies Branch, which manages changes resulting from emerging and digital technologies to support GRTgaz’s strategic positioning in relation to the energy transition, 
3. The Strategy, Public Affairs and Territories Branch, which structures the strategic thinking on impact and communication in relation to the territories,
4. The Finance, Procurement and Logistics Branch, which supports the company’s performance through integrated oversight of the financial issues and topics related to suppliers and real estate,
5. The Projects Branch, which carries out work on the gas infrastructure for which GRTgaz is responsible.

The Management Boards, which represents the company’s Branches, monitor progress and take decisions about GRTgaz’s projects and programmes. 

The governance committees bring together the company's Senior Management to determine and officially record the positioning for cases that do not fall under the Management Committee.

The Stakeholder Council was installed in 2016. It brings together a panel of individuals from a range of different backgrounds, including industry, the agricultural sector, NGOs, environment and biodiversity specialists, and experts in the fields of innovation, socio-economic change, economics and energy. 

This Council meets twice per year in the presence of the CEO, the Secretary General, and the Head of Corporate Social Responsibility (CSR) of GRTgaz. 
It offers civic insight into GRTgaz’s development outlook, its purpose, and its approach to corporate social responsibility.