NRW Holdings Limited has continued to enhance its sustainability reporting and governance practices, focusing on climate-related disclosures and remuneration frameworks. The Sustainability Committee has made significant progress in Scope 3 emissions reporting, developing methodologies and data collection processes to support the commencement of Scope 3 emissions reporting in FY27.
Material actions and disclosures
The Board has prioritised the safety, health, and wellbeing of its workforce, receiving regular updates on safety performance and conducting site visits to gain firsthand insights into operations and strategic priorities. The Critical Risk Management (CRM) program, a core fatality-prevention initiative, ensures critical controls are understood and effective across the company.
The Nomination and Remuneration Committee has undertaken a comprehensive review of the executive remuneration framework to ensure it remains aligned with shareholder expectations and contemporary governance practices. The committee engaged an independent remuneration consultant to provide external benchmarking and advice on fixed and variable remuneration arrangements, performance hurdles, and incentive design.
Forward commitments
NRW aims to improve transparency and ensure compliance support for investor confidence through enhanced climate-related disclosures. The company seeks to provide stakeholders with consistent information regarding its climate performance, resilience, and long-term value creation.
The Board has commenced assessing the optimal future skills mix and identifying potential candidates to support an orderly renewal process and ensure the Board remains well-positioned to oversee the company’s evolving risk profile and expanded operating environment.
NRW continues to prioritise the safety, health, and wellbeing of its workforce, with a focus on strengthening worker safety and reducing the risk of similar incidents occurring in the future.