Fitzroy River Corporation Ltd (ASX: FZR) has outlined its corporate governance measures, including its commitment to ethical and responsible business practices, whistleblower policies, and risk management.
Material actions and disclosures
The company has disclosed its values, code of conduct, whistleblower policy, and anti-bribery and corruption policy on its website. It also ensures that the board is informed of any material breaches of these policies.
Fitzroy River has adopted a formal diversity policy, which is available on its website. The company does not currently have any employees but plans to revisit its diversity measures if it hires staff in the future.
The company does not have an audit committee but relies on the full board to oversee risk management and internal controls. The board reviews the company’s financial statements with its external auditor before approving them.
Fitzroy River does not have any material exposure to environmental or social risks, according to its corporate governance statement.
The company does not have an internal audit function but outsources this role to an external CFO who reports to the board quarterly.
These measures reflect the company’s commitment to corporate governance and compliance with relevant regulations.
Attributed to the Fitzroy River Corporation Ltd Corporate Governance Statement, available at fitzroyriver.net.au.