Goodman has implemented a range of governance and compliance measures, including safety management systems, diversity policies, and regular reviews of risk management frameworks, as part of its commitment to ethical business practices and sustainability initiatives.
Material actions and disclosures
Goodman has set measurable targets to mitigate climate risks and has incorporated them into remuneration systems. The Audit, Risk and Compliance Committee reviews and makes recommendations to the Boards in relation to sustainability and climate-related plans. The company has developed safety management systems to promote a safety culture, providing safety information, training, and supervision to employees, contractors, and suppliers. Goodman has a whistleblower policy and an anti-bribery and corruption policy, and the Audit, Risk and Compliance Committee oversees the Group’s risk management and internal control systems. The company has a diversity policy and measurable objectives for achieving gender diversity, and follows a remuneration policy that includes a mixture of fixed remuneration and performance-linked remuneration. Goodman has engaged KPMG as its external auditor and has a Non-Audit Services Policy. The company has a Sustainability Report and a Modern Slavery Statement, and a Code of Conduct and an Inclusion and Diversity Policy. Goodman has a risk management framework that includes climate-related risks and opportunities.
Goodman continues to advance its 2030 Sustainability Strategy through investments in renewable electricity and emissions reduction initiatives, and continues to engage with proxy advisers, major investors, and the Australian Shareholders Association to understand their viewpoint on remuneration policies. The company will continue to implement targeted measures to manage modern slavery risks in its operations and supply chain, and will continue to review and update its Compliance Framework annually.
Goodman’s commitment to governance and compliance is evident in its ongoing efforts to enhance its risk management and internal control systems, and its dedication to ethical business practices and sustainability initiatives.