Cromwell's Governance Pillar objective is to manage risk and protect investors' interests through best practice governance processes and procedures.
The Board is committed to Cromwell meeting securityholders’ and stakeholders’ expectations of good corporate governance. The Board is proactive with respect to corporate governance and actively reviews developments to determine which corporate governance arrangements are appropriate for Cromwell and its securityholders and stakeholders.
The Board understands that identifying and managing risk is central to the successful delivery of the Group’s strategy. Cromwell has an Enterprise Risk Management Policy and a supporting framework to promote an understanding of risk and how to manage those risks for the benefit of securityholders and other stakeholders.
Topics identified for management in 2020:
TRUST AND TRANSPARENCY
Developing and maintaining a culture of continuous improvement, good governance and ethical conduct and making sure that this culture is supported by robust systems and processes.
Protecting customer's personal information and maintaining trust and competency in IT systems extends to all areas of our business. Real- time agility in the face of cyber- attack and resilience against these threats will improve business confidence and enable growth and opportunity.
Cromwell will need to consider modern slavery legislation in Australia and Europe and any potential ethical and human rights risks.