The Qantas Board of Directors is responsible for ensuring that Qantas has an appropriate corporate governance framework to ensure the creation, protection and enhancement of shareholder value.
The Board endorses each of the Australian Securities Exchange (ASX) Corporate Governance Council's Corporate Governance Principles and Recommendations, 3rd Edition (ASX Principles). In accordance with the ASX Principles, Qantas discloses the below primary corporate governance documents and information which demonstrate Qantas' commitment to corporate governance:
Qantas Constitution
The Qantas Board
Board Committee Members
Board Committee Charters
Corporate Governance Statement
Qantas Group Business Practices document
Other Corporate Disclosures
Qantas Constitution
The Qantas Constitution is
Qantas' key governance document. The Board must ensure that it and Qantas
complies at all times with the provisions of the Constitution.
The Qantas Sale Act requires the Constitution to contain specific provisions
designed to protect Qantas' position as an Australian designated airline.
The Qantas Board
The Board comprises a majority of independent Non-Executive Directors who, together with the Executive Director, have extensive commercial experience and bring independence, accountability and judgement to the Board's deliberations to ensure maximum benefit to stakeholders including shareholders, customers, suppliers, employees, government regulators and members of the community wher Qantas operates.
View the Qantas Board of Director's biographies
Board Committee Members
Audit Committee: Barbara Ward (Chair), Maxine Brenner and Jacqueline Hey
Nominations Committee: Leigh Cliffor(Chair), Richard Goodmanson, Paul Rayner and Barbara Ward
Remuneration Committee: Paul Rayner (Chair), Maxine Brenner, William Meaney and Todd Sampson
Safety, Health, Environment and Security Committee: Richard Goodmanson (Chair), Alan Joyce, William Meaney and Barbara Ward
Board Committee Charters
The Board adopted its Board Charter on 1 September 2003 and it was last revised on 27 August 2014.
Committees are responsible for considering detailed issues and making recommendations to the Board. The Board has approved charters for each Committee:
Audit Committee Charter
Nominations Committee Charter
Remuneration Committee Charter
Safety, Health, Environment and Security Committee Charter
Corporate Governance Statement
The Board adopts a Corporate Governance Statement annually.
The 2015 Corporate Governance Statement was adopted by the Board in August 2015 and was included in the2015 Annual Report.
Qantas Group Business Practices document
The Qantas Group is committed to complying with all applicable laws and regulations, and to conducting business with the highest levels of ethics and integrity. The Qantas Group Business Practices documentprovides an overview of Qantas' values and business practices and highlights the standards to be upheld by all employees, including in relation to Continuous Disclosure, Employee Share Trading, Risk Management, Safety, Whistleblower Protection and Stakeholder Communications (including Shareholder Communications).
Other Corporate Disclosures
The Qantas Group is committed to meeting all of its disclosure responsibilities. As such, below is a list of other corporate disclosures as they relate to Qantas:
Appendix 4G - Key to Disclosures
Qantas Executive Remuneration Philosophy
Qantas Diversity Statement
Annual Review
Data book
Workplace Gender Equality Report
The following Corporate Governance related material is also available through the Investors section:
Announcements made to the Australian Securities Exchange by Qantas
Shareholder Information
Annual Reports
Annual General Meeting
