Kelsian Group has reviewed its Risk Management Framework and outlined its governance practices, including risk management, internal audit, and whistleblower policies. The Safety, Risk and Sustainability Committee, comprised of at least three independent directors, reviewed the Group’s Risk Management Framework during the reporting period, ensuring it aligns with ISO 31000:2018 and supports proactive risk management.
Material actions and disclosures
The Group’s Risk Management Framework is reviewed annually by the Safety, Risk and Sustainability Committee and the Board reviews the Group’s risk profile quarterly. The Committee is satisfied that the framework continues to be appropriate and sound for the Company.
Kelsian’s internal audit is performed by the Group Risk and Assurance team, providing independent and objective assurance over the Group’s risk management and internal control systems. Internal audits are performed in accordance with a risk-based internal audit plan approved annually by the Finance and Audit Committee.
The Group’s Whistleblower Protection Policy supports Kelsian’s commitment to acting with fairness, honesty, and integrity. The policy aims to encourage people to report matters involving concerns of suspected or actual misconduct or an improper state of affairs or circumstances related to Kelsian Group.
Forward commitments
Kelsian aims to continue to review and enhance its Risk Management Framework and governance practices to ensure they remain appropriate and sound for the Company.
Attributed to Kelsian Group’s Safety, Risk and Sustainability Committee Charter, available on the Company’s website at www.kelsian.com/our-governance.