Sustainability In accordance to the new corporate governance guidelines issued by ASX Corporate Governance Council which stated publicly listed companies will need to disclose exposure to economic, environmental and social sustainability risks. Blackmore has provided a sustainability report in the annual report on addressing the issues across social, environmental and economic consequences of our actions and decisions. We consider the impact on all our stakeholders immediately and in the future while behaving as a socially-responsible company. As well as complying with all applicable laws, legislations, regulations and standards, to embed sustainability in our business and operations we are focusing our efforts on addressing the most material …show more content…
People & Community – To give back and build a supportive workforce, community and marketplace. Blackmore values the importance of diversity as we are committed in creating a flexible working environment. Blackmores employs 843 people in full-time and part-time roles in a rich diversity of people in age, gender and skills. Many of the employee speaks an Asian language as their first language. Blackmores recognises our responsibilities within the communities in which we operate. The Blackmores Sydney Running Festival is an important annual event. In 2015 there were more than 32,000 participants, including 1,000 staff, family and friends, from 60 countries. This event raised more than $1.3 million for charities. Our staffs are also encouraged to participate in the local community events such as in 2016, 30 of Blackmores employees participated in the Clean Up Australia campaign picking up rubbish at Mona Vale Beach. Corporate …show more content…
The purpose is to ensure the charter remains consistent with the Committee’s authority, objectives and responsibilities and confirm all activities listed in this charter have been addressed. The objective of the Committee is to assist the Board in fulfilling its responsibilities for: Financial Reporting Review the statutory financial report of the group and group’s subsidiaries to ensure the Committee is satisfied the reports provide a true and fair view of the financial affairs of the Group with the external auditor and the recommend the approval. Financial Risk Management and Internal Control Discuss with the management and the external auditors, the accounting and financial controls to assess monitor and supervise financial risk in order to make recommendations to the Board on significant accounting and financial policy changes. Review the applicable company accounting policies and any changes that have been adopted to ensure they are in accordance with financial reporting framework. To ensure that the Committee is satisfied that accounting records are properly maintained in accordance with