PEXA Group Limited (ASX:PXA) has disclosed its adherence to the ASX Corporate Governance Council’s recommendations, focusing on ethical culture, risk management, and board oversight.
Material actions and disclosures
PEXA Group has disclosed its values, code of conduct, whistleblower policy, and anti-bribery and corruption policy, as required by Principle 3 of the ASX Corporate Governance Council’s recommendations. The company has also outlined its commitment to a culture of acting lawfully, ethically, and responsibly.
Under Principle 4, the company has established an audit committee and disclosed its process for verifying the integrity of corporate reports. PEXA Group also ensures that its board receives copies of all material market announcements promptly after they are made.
Regarding Principle 7, PEXA Group has a committee to oversee risk management, and the board reviews the entity’s risk management framework annually. The company also discloses its process for evaluating the performance of the board, its committees, and individual directors.
PEXA Group has disclosed its continuous disclosure compliance policy and its process for safeguarding the integrity of corporate reports, as required by Principle 5. Additionally, the company provides information about itself and its governance to investors via its website and has an investor relations program that facilitates effective two-way communication with investors.
PEXA Group has also disclosed its process for managing environmental and social risks, as required by Principle 7.4.
These disclosures are part of PEXA Group’s commitment to transparent and responsible corporate governance practices.