Our core values of respect, integrity, action and results form the basis of our commitment to sustainability and have been articulated to mean:
Respect
- For the safety of everybody in our business
- For each other as individuals
- For communities, cultures and for diversity
- For all our stakeholders
- For the environment
Integrity
- Honest, courageous and open in our communication
- Honouring commitments
- Consistently behaving in line with our values
- High standards of business ethics
Action
- Being bold, decisive and agile
- Being rigorous, responsible and accountable
- Continually improving
- Innovating to add value
Results
- Delivering on goals and objectives
- Meeting or exceeding expectations
- Aspiring for excellence
- Creating sustainable value
- Never compromising on safety and health
We have developed codes and policies to support our people in understanding specific requirements. These include the OZ Minerals Code of Conduct, Whistleblower Policy, Securities Trading Policy, Continuous Disclosure Policy, Shareholder Communication Policy and Risk Management Policy. These are made available to the OZ Minerals workforce via the intranet and are also available on the OZ Minerals website.
The Code of Conduct describes standards for appropriate ethical and professional behaviour for all directors, employees and contractors working for OZ Minerals. The Code provides policy on compliance with the law, protection of OZ Minerals’ interests, conflicts of interest, use of knowledge and information, respect for company property, receiving gifts (including entertainment or gratuities), professional behaviour, fair dealing and compliance with the relevant health, safety, community and environmental policies, procedures legislation and standards. Breaches of the Code are taken seriously by OZ Minerals and may be reported with the support of the Whistleblower Policy.
OZ Minerals is committed to ensuring concerns regarding illegal conduct or malpractice can be raised in good faith without being subject to victimisation, harassment or discriminatory treatment, and to have such concerns properly investigated. The Whistleblower Policy provides a mechanism by which all employees can confidentially report improper or illegal conduct without fear or discrimination.
To safeguard against insider trading, the company’s Securities Trading Policy prohibits directors and employees from trading the company’s securities if they are aware of any information that would be expected to have a material effect on the price of Company securities. The policy also establishes ‘black out periods’ during which directors and employees must not trade in the company’s securities.
The policy also prohibits directors, executives and employees from entering into any hedging arrangement over unvested securities issued pursuant to any share scheme, performance rights plan or option plan.
The Continuous Disclosure Policy outlines OZ Minerals’ process for disclosure that has been established to ensure compliance with OZ Minerals’ continuous disclosure obligations under the listing rules (Listing Rules) of the Australian Securities Exchange (ASX) and the Corporations Act.
Shareholder communications will at all times be governed by OZ Minerals’ obligations under the Corporations Act and the ASX Listing Rules, in particular the continuous disclosure obligations. This policy outlines OZ Minerals’ commitment to provide timely, accurate and compliant information to shareholders about OZ Minerals to enable them to exercise their rights as shareholders in an informed manner. The purpose of this policy is to promote effective communication with shareholders by providing them with access to the latest information about OZ Minerals and to make it easier to participate in general meetings.
The Risk Management Policy outlines OZ Minerals’ commitment to the effective management of risk, which is central to our continued growth and success. Our aim is for risk management to become embedded into all our business systems, mining operations and exploration activity. See Risk management for more detail.
For more information, please refer to our Corporate Governance Statement in the OZ Minerals Annual Report.
