West Cobar Metals Limited has updated its corporate governance practices, including a diversity policy and whistleblower procedures, as part of its ongoing commitment to transparency and accountability.
Material actions and disclosures
West Cobar Metals Limited has disclosed its adherence to the ASX Corporate Governance Council’s recommendations, with a focus on governance, compliance, and oversight. The company has outlined its board charter, which sets out the respective roles and responsibilities of the board and management, and those matters expressly reserved to the board and those delegated to management.
The company has also disclosed its diversity policy, which includes measurable objectives for achieving gender diversity in the composition of its board, senior executives, and workforce generally. The company has disclosed its progress towards achieving these objectives, including the respective proportions of men and women on the board, in senior executive positions, and across the whole workforce.
West Cobar Metals Limited has also disclosed its whistleblower policy and its anti-bribery and corruption policy, ensuring that the board or committee of the board is informed of any material breaches of these policies.
The company has disclosed its continuous disclosure compliance policy and its process to verify the integrity of any periodic corporate report it releases to the market that is not audited or reviewed by an external auditor.
West Cobar Metals Limited has also disclosed its process for evaluating the performance of the board, its committees, and individual directors, as well as the performance of its senior executives at least once every reporting period.
Finally, the company has disclosed its commitment to providing 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.