Viridis Mining and Minerals Limited has outlined its commitment to ethical business practices, compliance, and robust governance structures in its latest Corporate Governance Statement. The company emphasizes its dedication to conducting all business activities with integrity and in compliance with all applicable laws, rules, and regulations.
Material actions and disclosures
The Corporate Governance Plan details the company’s values and commitment to ethical standards, which are set out in its Corporate Code of Conduct. This code applies to all Directors, senior executives, and employees, and any material breaches are reported to the Board or a committee of the Board.
The company also has a Whistleblower Protection Policy, which is available on its website. Material breaches of this policy are reported to the Board or a committee of the Board.
The Nomination Committee Charter ensures that each Director and senior executive is a party to a written agreement with the company, setting out the terms of their appointment. The Board Charter outlines the roles, responsibilities, and accountability of the Company Secretary, who is accountable directly to the Board.
The company has adopted a Diversity Policy, which provides a framework for establishing, achieving, and measuring diversity objectives, including gender diversity. However, due to the company’s size, it does not consider it appropriate to formally set measurable objectives for gender diversity at this time.
The Audit and Risk Committee Charter requires the CEO and CFO to provide a sign-off on the financial statements, ensuring they comply with appropriate accounting standards and give a true and fair view of the financial position and performance of the entity.
The Corporate Governance Plan includes a Continuous Disclosure Policy, ensuring all material market announcements are promptly communicated to the Board and made available to the market via the ASX Market Announcements Platform.