Austal Limited, its Board of Directors and senior management are committed to the best practices of corporate governance, ethical standards and risk management and have adopted the following corporate governance policy.
The Board of Directors of Austal Limited is responsible for guiding and monitoring of the consolidated entity on behalf of shareholders.
The Austal Limited Corporate Governance Statement is now structured with reference to the Corporate Governance Council’s Principles and Recommendations, which are as follows:
As part of Austal Limited’s commitment to corporate social responsibility (CSR), the company has established Austal Giving, a staff-based committee led by the Chief Executive Officer, to manage Austal’s philanthropic and charitable activities in the local community. The Austal Giving mission statement and information on Austal Givings’ current commitments to local community-based support programs may be found on the Austal website at Austal.com/austal-giving.