Our policies support Elders to manage our corporate governance framework

The Elders Group has adopted a number of policies that support and mandate its corporate governance framework. These policies work together to govern the day-to-day operations of the Elders group, including hiring employees, security management, communications and all other activities conducted by staff, including senior management and directors.

Elder's Policies

The Company has adopted a securities dealing policy. The policy sets out restrictions in dealing in the Company’s securities by directors, senior management, and other employees and contractors with access to unpublished price sensitive information.

Securities Dealing Policy

Elders is committed to managing disclosure of its affairs to ensure there is a fair and informed market for its securities at all times. The company will also communicate effectively with its shareholders and encourage participation at general meetings.

External Disclosure and Market Communications Policy

The Board has adopted a Risk Management Policy that establishes a framework in which to assist the Company in achieving its risk management objectives. The objectives are to ensure the Group’s assets are protected against financial loss, business risks are identified and properly managed, and legal and regulatory obligations are satisfied.

Risk Management Policy

The Company’s Board Charter prescribes that the majority of members of the Board must comprise independent directors. In determining whether or not a director is to be considered independent, the Board will have regard to the criteria set down in the Independence Policy.

Director Independence Policy

Elders is committed to ensuring that all group companies, directors, officers, employees, contractors and advisers discharge their duties, responsibilities and contractual obligations honestly and in accordance with all applicable laws and regulations and under the Company’s standards of conduct.

Fraud Policy and Whistleblower Policy

Elders Limited is committed to providing all employees and potential employees with fair access to employment-related opportunities. Decisions regarding recruitment, promotion, transfers and development are based on merit. All employees will be treated appropriately according to their skills, qualifications, competencies and potential. Elders’ equal opportunity policy aims to ensure that no person or group of people will be treated less favourably than another on grounds such as race, age, gender, sexual preference, marital status, pregnancy, political opinion, religion, parental status, physical impairment or any other factor not relevant to the work position. Under the policy, all employees are encouraged to identify and help remove practices, attitudes and traditions that lead to discrimination or harassment in the workplace.

Equal Opportunity Policy

Elders recognises the value and benefits to its business, employees and customers that stem from incorporating diversity into its business practices. A more diverse workforce facilitates a strong corporate reputation, enhances organisational performance and aims to improve the quality of life for its workforce, their families, communities and society at large.

Elders’ Diversity Policy is a statement of the company’s commitment to a diverse workforce and informs its employees and other interested parties of how this commitment will be met.

Diversity Policy

Elders is committed to providing a safe and healthy environment for its employees, contractors and clients. The Company’s key Occupational Health and Safety (WHS) objectives, as set out in the Company’s WHS Policy, are to identify the hazards associated with the Company’s workplace and work practices, to assess and control the associated risks, and as far as is reasonably practical, remove the potential for harm.

Occupational Health and Safety Policy

As a general rule, the Company does not utilise external auditors for internal audit purposes or consulting matters, other than services which are in the nature of audit, are compliance-based activities, or in the nature of financial review. The Company’s Non-Audit Services Policy sets out rules in relation to engagement of the external auditor to perform non-audit services.

Non-Audit Services Policy

Performance evaluation is part of the Board review process. The reviews provide important feedback to the Board, Board Committees and individual directors on their performance, identifying any areas that require improvement.

Board Performance Assessment Principles

As the Company has substantial assets allocated to financial services activities, it has elected to adopt fitness and propriety testing for its Directors and senior executives. The fitness and propriety principles are set out in the Company’s constitution and summarised below.

Fitness and Propriety Principles

In accordance with the Company’s Board Charter, new directors are given a detailed briefing by the Chairman and/or his nominee(s) on key board issues and provided with appropriate background documentation. Issues addressed in the induction include:

  • The Company’s financial, strategic, operational and risk management position
  • Directors’ rights, duties and responsibilities
  • The role of the Board and the Board committees

In addition to meeting with key executives, the Group’s businesses’ directors are encouraged to visit company operations. At least one board meeting each year is held in conjunction with a visit to the Group’s operations.

Visit the Elders Investor Centre for more policy information.

Investor Centre