Caravel Minerals Limited has updated its corporate governance and environmental, social, and governance (ESG) disclosures, highlighting its commitment to ethical conduct, risk management, and fair remuneration practices.
Material actions and disclosures
The Company has established a Code of Conduct and a Whistleblower Policy, available on its website, to ensure ethical behavior and protect those who report misconduct. The Company also has a formal induction program for new Directors and a Remuneration Committee to oversee executive and non-executive remuneration.
Caravel Minerals has material exposure to environmental and social risks, including biodiversity impacts, greenhouse gas emissions, water use, and community engagement. These risks are managed through the Company’s Environmental and Social Management System.
The Company does not have measurable objectives for achieving gender diversity at this stage due to its small workforce and pre-development status. However, it is committed to reviewing this approach as the workforce grows.
Forward commitments
The Company plans to establish a formal professional development program for Directors upon the appointment of the next new Director.
Key points:
- Caravel Minerals has established a Code of Conduct and Whistleblower Policy.
- The Company has a formal induction program for new Directors.
- The Company has a Remuneration Committee to oversee executive and non-executive remuneration.
- Caravel Minerals has material exposure to environmental and social risks.
- The Company does not have measurable objectives for achieving gender diversity at this stage.
Source note: This article is based on the Corporate Governance Statement and Sustainability Report released by Caravel Minerals Limited on 29 October 2026.