Burning Nest Ltd. is a private company limited by guarantee, which is a specific legal entity. Nest has had this status since 2013 but until now, we’ve been more focussed on putting on an awesome burn every year than dealing with legal issues of governance.
This year, the Nest Board is taking steps to ensure, rightly, that members of our community – who wish to take the informed step of becoming members of Burning Nest Ltd. – are able to have their voices heard in the governance of Nest.
Members of Burning Nest Ltd. will be able to hold the board to account over decisions rather than complaining on Facebook. They can stand to become a board member of Burning Nest Ltd., vote for the board; raise issues at the Annual General Meeting, and raise resolutions to be voted on at the AGM. It also imposes a legal liability on members.