Southern Palladium Limited (ASX: SPD, JSE: SDL) has outlined its commitment to environmental, social, and governance (ESG) principles, including policies on sustainability, community engagement, and risk management. The company has adopted a Sustainable Development Policy, a Communities Policy, and an Environmental Policy, all available on its website. These policies aim to ensure sustainable and responsible business practices, enrich the lives of local communities, and manage the environmental impact of its operations.
Material actions and disclosures
The Company has established a robust risk management framework to identify, communicate, and manage risks proactively. It also has a Diversity Policy to promote diversity within the organisation, aiming to improve decision-making, productivity, and teamwork. The Board has a remuneration committee and a whistleblower policy to ensure fair remuneration and ethical conduct.
The Company has also adopted a Conflict of Interest Policy, a Whistleblower Policy, and an Anti-Bribery and Corruption Policy, all of which are disclosed on the Company’s website. These policies are designed to uphold high standards of corporate conduct and governance.
The Board has a Diversity Policy to promote diversity within the organisation, aiming to improve decision-making, productivity, and teamwork. The Company has not set measurable objectives specifically for achieving gender diversity in the composition of its board, senior executives, and workforce generally, but it has implemented strategies to encourage diversity in recruitment and succession planning.
The Company has a Board Charter that sets out the respective roles and responsibilities of its board and management, and those matters expressly reserved to the board and those delegated to management. The Board has also established an Audit and Risk Committee to oversee risk management and ensure compliance with accounting standards.
The Company has a Disclosure and Communication Policy to comply with its continuous disclosure obligations under listing rule 3.1. The Company Secretary is responsible for communication with ASX in relation to listing rule matters and the general administration of this Policy.
The Company has a Corporate Governance Statement that has been approved by the Board of the Company. The statement has been prepared as at 28 October 2026 with reference to the 4th Edition of the ASX Corporate Governance Council’s Corporate Governance Principles and Recommendations.