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.
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dealing in the Company’s securities by directors, senior management, and other employees and contractors with access to unpublished price sensitive information.
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.
The Board has adopted a Resilience 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.
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.
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.
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.
Elders is committed to providing a safe and healthy environment for its employees, contractors and clients. The Company’s key Work 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.
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.
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.
Visit the Elders Investor Centre for more policy information.