What is Tellus' corporate governance framework?

Tellus is a public unlisted company, and our governance framework is driven through the ASX Principles of Good Governance and Best Practice Recommendations, which are actively monitored and used in the direction of our governance decisions. Tellus supports the Australian Institute of Company Directors definition of corporate governance that, amongst other things, encompasses the rules, relationships, policies, systems and processes whereby authority within organisations is exercised and maintained. Tellus’ governance attributes are shaped by both ‘internal’ factors like the constitution and organisational policies and ‘external’ factors like Federal and State laws, regulations and community expectations. At each step, Tellus’ Board plays a pivotal role in influencing the company’s governance environment. Currently, the entire Tellus Board meets on committee topics such as Risk Management and Audit, People and Culture, Nomination and Sustainability issues.

For Tellus, corporate governance means being a responsible corporate citizen and we consistently strive to create a culture of compliance throughout the organisation driven by best practises and not simply the minimum required by law. To facilitate this, Tellus is in the process of developing a comprehensive governance framework with a range of procedures, guidelines, policies, training, awareness, investigations and monitoring.

Our three certified policies are:

  • Work, Health & Safety Policy
  • Environmental Policy
  • Quality Policy

Examples of additional corporate and operational policies include, but are not limited to: Fitness for Work, Community Relations and Sustainable Development which may be made available on request.

Standards compliance

  • Tellus Holdings is independently certified by Equal Assurance to ISO 9001 (Quality), ISO 14001 (Environment) and ISO 45001 (Health & Safety).
Q-Mark (ISO 9001)
Q-Mark (ISO 14001)
Q-Mark (ISO 45001)

Management's corporate governance responsibilities

Management develops strategic, financial, operational, and other plans to meet goals and objectives defined in the strategy.

Management executes plans through operations related to production, sales, marketing, distribution, risk management, human resources, finance, and other functions across the company.

Management reports operating results through financial reporting and other reports specified by the Board and regulatory authorities.

Management designs and operates internal controls including methods and tools for conducting operations in compliance with legal and regulatory requirements.