Narryer Metals Limited has outlined its commitment to corporate governance and compliance in its latest corporate governance statement, which includes a detailed code of conduct, whistleblower policy, and anti-bribery and corruption policy. The company has also disclosed its values, which emphasize lawful, ethical, and responsible behavior, alongside safeguarding shareholder interests.
Material actions and disclosures
The company has adopted a comprehensive Code of Conduct that outlines the Company’s values, guiding principles, legal obligations, and the responsibility of investigating and reporting unethical practices. This Code of Conduct is available on the Company’s website and requires any breach to be reported to a member of the Board or a committee of the Board.
Narryer Metals has also implemented a Whistleblower Policy, which ensures that the Board (or a committee of the Board) is informed of any material incidents reported pursuant to the policy. This policy is contained in the Company’s Corporate Governance Manual and is available on the Company’s website.
Furthermore, the company has adopted an Anti-Bribery and Corruption Policy, which requires the Board (or a committee of the Board) to be informed of any material breaches of that policy. This policy is also contained in the Company’s Corporate Governance Manual and is available on the Company’s website.
The company has also disclosed its commitment to a workplace culture that promotes diversity and inclusion, although it has not yet set measurable objectives for achieving gender diversity due to the current size of the Company operations.
In addition, the company has adopted an Audit and Risk Committee Charter, which outlines the processes for independently verifying the integrity of the Company’s periodic reports and the processes for the appointment and removal of the external auditor and the rotation of the audit engagement partner.
Forward commitments
The company has committed to reviewing the appropriateness of adopting an internal audit function as its operations evolve. It has also committed to monitoring and managing inherent ESG risks, such as future changes in environmental regulation, climate change risk, and greenhouse gas emissions.
As the company’s operations continue to grow, it will reassess the need for a separate Audit and Risk Committee and a Remuneration Committee, based on the size and resources available to the Company.
Finally, the company has committed to ensuring sound risk management policies are in place and to evaluating and considering improvements to its risk management and internal control processes on an ongoing basis.
These actions and disclosures reflect Narryer Metals’ commitment to acting lawfully, ethically, and responsibly, and to safeguarding the integrity of its corporate reports.