Ethics, compliance and risk management

Our people reflect the way we conduct our business, so providing them with effective corporate governance policies and procedures is essential.

CS Energy’s Code of Conduct outlines how Board members and staff should act with honesty, integrity and in compliance with relevant laws and standards.

The Board has also adopted the Directors’ Code of Conduct from the Articles of Association of the Australian Institute of Company Directors. 

Conflicts of interest

CS Energy understands that both perceived and actual conflicts of interest can damage a company’s reputation and performance.

To ensure our people act responsibly, we have policies and procedures guiding them on how to identify, manage and where possible, avoid conflicts of interest. We also have a standing item on the agenda of our monthly Board meetings requiring directors and executive management to declare any conflicts of interest.

Board and executives are also required to annually declare the companies in which they hold shares, or relationships that have the potential to lead to a conflict of interest. We commission an external independent check of these declarations against publicly available databases.

Related documents:

Pecuniary Interest Procedure
Share Trading Procedure
 

Compliance and risk management

CS Energy works to ensure all potential business risks are identified, assessed and reported to the Board.

The Board Risk Committee oversees our compliance and risk management activities. Supporting their work are:

• The Risk and Assurance team at CS Energy, which oversees this activity and reports independently to the Board and senior management.
• Management risk committees that meet regularly to identify risks and coordinate responses.

Related documents:

Compliance Policy
Risk Management Policy
Corporate Hospitality Procedure