Carnegie, an ASX-listed company, has not set measurable objectives for achieving gender diversity, citing its current size and scope. The company currently employs 23 staff, including seven females and 16 males, and continues to monitor diversity but does not consider formal objectives necessary at this time.
Material actions and disclosures
The company complies with several governance recommendations, including the periodic evaluation of the board, senior executives, and the establishment of a code of conduct and ethics. Carnegie also has a process for inducting new directors and providing professional development opportunities.
However, the company does not comply with the recommendation to have an audit committee, instead undertaking the function of an Audit & Risk Committee directly at Board Level. The company will reconsider the requirement for a separate Audit and Risk Committee as it grows.
Carnegie also complies with recommendations related to risk management, internal controls, and continuous disclosure obligations.
Carnegie’s corporate governance practices are detailed on its website, including the company’s continuous disclosure policy, risk management policy, and Shareholder Communication Policy.
The company’s policy on diversity is to employ the right person for the right job regardless of their gender, age, nationality, race, religious beliefs, cultural background, sexuality or physical ability.
