Ramelius Resources has announced its commitment to enhancing corporate governance and risk management practices, as detailed in its latest Corporate Governance Statement. The company emphasizes the role of the Risk & Sustainability Committee in overseeing the Company’s risk management systems, governance, climate and sustainability objectives, environmental and community obligations, ethical standards, codes of conduct, and compliance procedures.
Material actions and disclosures
The Risk & Sustainability Committee, consisting of three Non-Executive Directors, meets at least three times per annum and reports to the Board. The Committee’s responsibilities include reviewing the effectiveness of the Company’s risk management process and internal compliance systems, including its risk management registers. Additionally, the Committee liaises with and reviews all reports provided by relevant external advisors and ensures effective communication and reporting of the Committee’s role to shareholders, community members, and other key stakeholders.
Ramelius also acknowledges the potential impact of climate change on its operations, supply chains, customers, teams, and communities around its mines. The company is committed to understanding and proactively managing these climate-related risks, integrating them into strategic planning and decision-making processes.
The company’s code of conduct requires directors, senior executives, and employees to act with honesty, transparency, and fairness in all dealings with stakeholders, comply with all internal and legal compliance requirements, and adhere to safety management system requirements.
Ramelius has a whistleblower policy and an anti-bribery and corruption policy, both available on the company’s website. There were no incidents reported under these policies during the reporting period.
Forward commitments
Ramelius aims to continue its commitment to robust corporate governance and risk management practices, ensuring the integrity of its financial reporting and compliance with all applicable legislation and ASX Listing Rules.