Eureka Holdings has bolstered its governance framework with the implementation of a whistleblower policy, an anti-bribery and corruption policy, and a comprehensive code of conduct. These measures are designed to ensure the company operates with the highest standards of propriety and business ethics.
Material Actions and Disclosures
The company’s Audit, Risk and Sustainability Committee oversees risk management and internal controls, ensuring a sound system of governance is in place. The committee, governed by a charter available on the company’s website, meets at least four times per year to review and evaluate the effectiveness of the company’s risk management framework.
The board conducts regular reviews of its performance, focusing on the skills and knowledge needed to perform their roles effectively. This includes an induction program for new directors to gain an understanding of the company’s financial performance, strategies, and operations.
Eureka also has a diversity policy that outlines measurable objectives for achieving gender diversity within the board, senior executive positions, and the workforce generally. The company’s recruitment and selection practices focus on diversity, ensuring a range of candidates are considered for all positions.
Shareholder meetings are facilitated and encouraged, with all substantive resolutions decided by a poll rather than a show of hands. The company also provides shareholders with the option to receive communications electronically, enhancing transparency and engagement.
The company’s commitment to governance is further evidenced by its regular reviews of its risk management framework, ensuring it continues to be sound and operates within the risk appetite set by the board.
Forward Commitments
Eureka Holdings aims to continue its focus on governance by regularly reviewing and updating its risk management framework. The company also plans to maintain its commitment to diversity and inclusion, ensuring that its recruitment and selection practices continue to focus on diversity.
The company will continue to facilitate and encourage shareholder participation at meetings, ensuring all substantive resolutions are decided by a poll. Additionally, the company will continue to review and update its Skills Matrix regularly, assisting in identifying opportunities for professional development.