Good corporate governance is the hallmark of successful companies – it adds value to the Company through efficient oversight and risk management, while encouraging innovation and entrepreneurship within the Company.
Telstra’s Board is committed to excellence in corporate governance and enhancing shareholders’ interests. Telstra regularly reviews its corporate governance systems with the aim of ensuring that it continues its commitment to good corporate governance, having regard to developments in market practice expectations and regulation.
Telstra's main corporate governance and Board practices are outlined in our 2012 Annual Report. This section provides information on corporate governance and Board practices in the following areas:
- Board of Directors
- Committees of the Board
- Telstra's Remuneration Framework
- Risk Oversight and Management
- Company Policies and Business Principles
- Diversity and Inclusion at Telstra
- Legal and Regulatory Compliance
- Sustainability at Telstra
- Shareholder Communications
- Documents and Charters
Telstra complies with the ASX Corporate Governance Principles and Recommendations as amended in 2010 (ASX Principles and Recommendations). The information on these corporate governance webpages (‘Webpages’) reflect the content of the corporate governance statement included in Telstra’s 2012 Annual Report, lodged with the Australian Securities Exchange on 6 September 2012. They also include details on the Board and Board Committee Charters and key company policies in place as at August 2012, and updated from time to time.