The new code is about ‘stretch’ and that’s intentional. The refreshed Charity Governance Code for the sector issued in July replaces the Code of Good Governance. This is the third version of the code, which is now in its 12th year.

Effective governance enables the delivery of a charity’s objectives and creates the environment for success. While the responsibilities of trustees have not changed fundamentally, the external environment has become more challenging and critical.

Many commentators are looking for greater awareness of an appropriate tone at the top of organisations filtering throughout, including improved risk management, the ability to demonstrate the impact of your work and greater diversity and challenge from within your governance structure.