Decision details

Ubico Shareholder Decision- Business Plan Approval

Decision Maker: Leader

Decision status: Recommendations Approved (subject to call-in)

Is Key decision?: No

Is subject to call in?: No

Decision:

A decision has been taken by the Leader to approve the following written resolution, as the shareholder for Ubico Limited:

 

To approve the 2022/23 Business Plan.

 

Reasons for the decision:

At the Ubico Board of Directors meeting on 11 January 2022, the Directors of Ubico considered and approved the Ubico business plan for 2022/23 and recommended it be submitted to the shareholders for adoption.

 

Broadly the proposals contained in the 2022/23 business plan which delivers the second year of the 5 year vision, are built around four key pillars (people; operations; climate; business development) and focus on the following themes:

  • Leveraging synergies and economies of scale
  • Harnessing opportunities to deliver value back to partners
  • Using technology to drive operational efficiency
  • Understanding our communities’ needs
  • Inspiring our workforce to be committed to providing value for money and carbon neutral services

 

Ubico will submit individual business cases to support potential investment proposals within the 2022/23 Business Plan to develop areas of the business that have been identified as having potential to deliver greater value for shareholders.

 

Contact: Karen Watson Email: karen.watson@cheltenham.gov.uk Email: karen.watson@cheltenham.gov.uk.

Publication date: 18/05/2022

Date of decision: 18/05/2022

Accompanying Documents: