Envestra is committed to sound corporate governance and to this end the following policies and practices have been adopted and implemented by the Board.
Corporate Governance Statement from 2011 Annual Report
Envestra is committed to sound corporate governance and to this end the following policies and practices have been adopted and implemented by the Board.
Each year a review of the Company’s corporate governance framework is carried out against the guidelines of the Australian Securities Exchange's Corporate Governance Council.
The Company’s framework largely complies with these recommendations (refer to the table on pages 30 and 31). Consistent with the Company’s approach to sound corporate governance, opportunities for improvement are regularly considered.
The Directors are responsible to shareholders for the performance of the Company and their focus is to enhance the interests of shareholders and other key stakeholders and to ensure the Group is properly managed.
The main processes that the Directors of the Company use in doing so are set out in this statement.