Odessaminerals has updated its corporate governance policies, including the adoption of a diversity policy and whistleblower protection measures, in line with the Corporate Governance Council’s recommendations.
Material actions and disclosures
The company has adopted a diversity policy to establish, achieve, and measure diversity objectives, including gender diversity. The policy is available on the company’s website at www.odessaminerals.com.au/corporate-governance/.
Odessaminerals has also adopted a Whistleblower Protection Policy to ensure concerns regarding unacceptable conduct can be raised on a confidential basis without fear of reprisal, dismissal, or discriminatory treatment. Material incidents reported under this policy are reported to the Board.
The company has established a Code of Conduct that sets out the principles covering appropriate conduct in various contexts and outlines the minimum standards of behavior expected from the Board, management, and employees. Material breaches of the Code of Conduct must be reported to the Board.
Odessaminerals has a zero-tolerance approach to bribery and corruption and has adopted an Anti-Bribery and Anti-Corruption Policy for the purpose of setting out the responsibilities in observing and upholding the company’s position on bribery and corruption.
The company has also disclosed its process for periodically evaluating the performance of the board, its committees, and individual directors.
Forward commitments
The company intends to undertake a review of its risk management framework in relation to the reporting period prior to the end of the calendar year.
Odessaminerals aims to ensure that shareholders are informed of all major developments affecting the company’s state of affairs through its website, which contains information on the company, the Board, and the corporate governance policies and procedures of the company.
These updates reflect Odessaminerals’ commitment to corporate governance and compliance, as outlined in its Corporate Governance Statement available on the company’s website at www.odessaminerals.com.au/corporate-governance/.