Qantas provide an opportunity for the maximum number of shareholders to attend an Annual General Meeting (AGM). From 1 October 2019, Vanessa Hudson will formally commence the role of Qantas Group Chief Financial Officer, following the appointment of current Chief Financial Officer, Tino La Spina to Chief Executive Officer of Qantas International. Qantas was one of the first airlines to introduce an integrated Safety Management System in the 1990s, and we continue to evolve it. Strong corporate governance sets the basis for the effective management of long-termrisks and opportunities, and positions the Qantas Group to create, protect and enhance shareholder value. Qantas Reorgs Mgmt. Roles, Unveils New Premium Cabins Its constant refrain is that it does what it needs to do to meet its business objectives, compete in a tough market, and remain viable. Under the Qantas Group COVID-19 Vaccination Policyall Australia-based new employees of a Qantas Group entity must be fully vaccinated with an Approved COVID-19 Vaccine and provide Evidence. Cyber Security Policy; 5. The three principles that underpin this approach are: Every Qantas Group employee is a custodian of our reputation for excellence and integrity, with a responsibility to uphold the standards we set ourselves and the values we represent. Our Business Integrity Compliance program is overseen by the Qantas Board, through the Qantas Audit Committee. Across our workforce, we maintain an 'informed culture' of safety and security. We also report our findings in the Qantas Group Annual Review. The Group reported a $1.43 billion Underlying Profit Before Tax and Statutory Profit After Tax was $1.0 billion. It's been prepared to take really destructive decisions in pursuit of the bottom line.". Financial risk management "As a result, we have a very high turnover rate that makes the already-bad situation even worse. The national carrier has a proud history of stepping up in times of crisis and the Group will continue to work closely with the Federal Government to provide repatriation flights, support export industries, share medical aid with our neighbours. security and internal audit risk across the Qantas Group. Vancouver-based Uniglobe is also adding Canada's House of Travel to its membership. This was on display when Qantas negotiated a new enterprise agreement with its long-haul pilots for Airbus 350 planes capable of ultra-long-range flights, direct from Australia to New York or London. To avoid accidents, it is necessary to put many slices together to layer the defences so there is no possibility that the holes can line up and an accident happen. Opens in new window. Risk Management Policy - University Policy Manual - UNCG Oversight is maintained through the assurance activity of Qantas Group Audit & Risk, and ultimately the Audit Committee. Gattinoni Business Travel expands footprint following acquisition. We have a responsibility not only to meet expanding foreign and domestic anti-bribery legislation, but also to ensure that our business partners and those in our supply chain operate with a consummate level of integrity. The group consists of: Jetstar Airways in Australia and New Zealand, wholly owned by the Qantas Group. The Qantas Board of Directors is responsible for confirming that Qantas has an appropriate corporate governance framework to ensure the creation, protection and enhancement of shareholder value. Why Platinum, Qantas, Red 5, and Zip shares are dropping today At the heart of our everyday activities are a set of business principles and commitments that ensure fair dealing and protect stakeholder interests. Weve been serving communities for more than 100 years. endobj Our diversity strategy, meanwhile, is focused on mitigating unconscious bias, improving access to flexibility, recruitment and talent programs and dedicated leadership development. Qantas takes a proactive approach to managing risks in our supply chain. Our sophisticated risk assessment utilises known bribery and corruption risk indicators and incorporates the Groups established risk assessment procedures to identify potential risk and, where required, to introduce adequate controls to mitigate that risk. Prior to that, Vanessa was Senior Vice President for Qantas across the Americas and New Zealand; Executive Manager of Commercial Planning, where she was accountable for network planning and revenue management; and Executive Manager for Product and Service where she oversaw transformation in catering, airports and network aimed at driving better commercial and customer outcomes. "And then what they do is, they play one group of pilots off another group, and essentially threaten to take the flying a group of pilots is currently doing and give it to another group of pilots.". Management Committee and the Board of Directors, for the purpose of assessing the performance of the Qantas Group. making it easier for people to formally report workplace bullying and harassment; improving the inclusiveness of organisational culture; and. The Group's executive management team is the Group Management Committee (GMC). With a focus on continuous improvement, the Group is seeking to build on our established compliance program by investing in technological platforms that will support our management of business risks and meet the growing expectations of regulators worldwide. Re-establishing key governance forums such as the Supply Chain Assurance Leadership Council and business-led supplier governance mechanisms and internal working groups. Qantas Group Tax Risk Management Policy, ensuring corporate governance obligations with respect to tax risks are met. Olivia joined Qantas in 2009 and has held several positions, including the role of Chief Customer Officer, Group Executive, Brand, Marketing & Corporate Affairs and Group Executive for Government Relations and Corporate Affairs. Risk Management Policy - Policies The Qantas RAP has been accredited to Elevate status, meaning we are a leader in corporate Australia. Since its privatisation 30 years ago, it has been finding creative ways to cut labour costs. Environment Policy; 6. Risk management is a part of decision making. Italian TMC Gattinoni Business Travel has opened a new office in Treviso, in the country's north-eastern Triveneto region, following the acquisition of rival TMC Btexpert. Full time permanent position based in New York, JFK. Nominations Committee: Richard Goyder (Chair), Jacqueline Hey, Belinda Hutchinson and Antony Tyler. A $200 million investment in operational resilience delivered a significant improvement in operational performance for customers. Group Management Committee. Shareholders | ESG risk management - NAB . We report transparently to demonstrate how we're creating shareholder value, advancing our strategy, laying foundations for long-term sustainability, and making a positive impact in the communities we serve. This service may include material from Agence France-Presse (AFP), APTN, Reuters, AAP, CNN and the BBC World Service which is copyright and cannot be reproduced. He has a broad range of commercial, operational and people leadership skills. Secondly, the increasing the cost of maintain the company employees may increase because of the trade unions and employment agencies that calls for the protection of the workers rights(The Conversation , 2015). He is also president of the Australian and International Pilots Association, a voluntary position he holds alongside his job at Qantas. Berger Paints - Risk Management Policy <>/Metadata 362 0 R/ViewerPreferences 363 0 R>> This policy establishes the framework for a formal risk management program by designating responsibility for risk identification and analysis, planning for risk mitigation, and outlining program management and oversight. 4. Qantas Airline: Risk Management Plan - Course Researchers The Qantas Group is committed to transparency on key performance indicators, including environmental, financial and social. More detail, including the key risk findings and disclosure against the TCFD recommendations framework, is set out in our 2022 Sustainability ReportOpens external site in a new window. "So, for that critical safety sensitive role, basically people are now being paid the same as if they worked in a fast-food outlet or worked at a supermarket. In line with this, the Qantas Group committed in 2017 to align our climate change-related disclosures to the recommendations of the Taskforce on Climate-related Financial Disclosures (TCFD). Stephanie Tully was appointed Chief Customer Officer in August 2019, following a 15-year career at the Qantas Group spanning operational, commercial, customer experience, marketing and strategy roles across the airline and loyalty businesses. as a single source of publicly available policies, procedures, initiatives and performance indicators across our material issues, starting with our Climate Change and Carbon Disclosures. Risk management explicitly addresses uncertainty. Its about taking actions now to ensure we can succeed and grow for the decades ahead: building value for our shareholders; creating great jobs for our people; providing world-class service for our customers; and making a positive impact on the environment and community. Management of personal information Qantas Frequent Flyer Pilot Keith Marriott retired in 2020 after a career flying planes for Qantas that spanned 36 years. Qantas hiring Airport Duty Manager - San Francisco in San Francisco In doing so, we can ensure that our business is resilient in the transition towards a low carbon economy. click here. FY22 continued to present significant challenges for the Group as we navigated our recovery from the widespread impact of the global pandemic. His current role includes these functions as well as shared services for safety, workforce planning and ground operations as well as Auckland based B737 operator Jetconnect. Implementing human trafficking training for our aircrew to support identification of, and responses to, suspected instances of trafficking. We set mandatory requirements to manage and protect the health and wellbeing of our employees and contractors governed by the Our Requirements for Health standard and our mandatory minimum performance requirements for risk management, as well as local regulatory requirements, standards and procedures. ". Bags are being loaded onto aircraft incorrectly. This will have negative impacts on the company profits and may also be an opportunity for the competitors to thrive. He is careful not to overstate safety concerns but acknowledges risks have grown. Opens in new window Qantas Group returns to profit with record first half result. The Qantas Group beliefs anchor our internal priorities and initiatives, including investment in training, effective communication, rewards and recognition, and commitment to diversity and inclusion. m@oo!X7dKr\L:==U>KzurVUI:'7OSr/*X\o+]Ll(f~["[ g[nf8fe;C{:dw%,[$=.`_ vCU=oVVy6a+DrvkyN~/ p,F m+] Bc9 Upgrade my browser. Qantas has made several changes to its management team - including a contender to replace CEO Alan Joyce following rumours about a possible retirement at the end of this year. The strong financial position means the Group can reinvest, particularly in fleet and customer experience, as well as rewarding employees and shareholders. Prior to joining Qantas, Tino was the CFO of National Express Group Australia (the Australian operations of National Express Group plc), a public transport provider. Scope This policy sets the minimum requirements related to risk management for the Sandvik Group. Our Supply Chain Assurance program, launched in FY18, has a clear focus on six key risk areas: This program helps us understand how our suppliers are producing the goods and services we pay them for, and to make sure they comply with Qantas'Supplier Requirements (PDF). We are committed to managing the risks that come with a volatile environment by strengthening business resilience and building an agile, adaptive culture - giving us the foundations for sustainable performance in all market conditions. 2017 Annual Review. "We're expected to do basically the tasks that the Qantas ground services did, but with a lot less numbers and experience," said one worker from an outsourcedcompany used byQantas to manage ground-handling. Olivia is also on the Board of UNICEF Australia. Join Qantas Frequent Flyerorsubscribe to Red Email today. The findings showed Qantas had similar instances to the national workplace averages but we want the Qantas Group to be significantly better than this. "What we have had to do over the years to be efficient to be able to compete in a very competitive in market," Mr Joyce told ABC's Four Corners, in answer to our questions at the Qantas group financial results briefing. Risk management Observations. Risk Management Policy is framed as per the following regulatory requirements: Companies Act, 2013: Provisions of the Section 134 (3) "There shall be attached to financial statements laid before a company in general meeting, a report by its Board of Directors, which shall include The Qantas Group has paid all taxes that it owes and all tax compliance obligations are up to date. Famously, on October 29, 2011, Qantas chief executiveAlan Joyce grounded the entire Qantas fleet worldwide, leaving tens of thousands of passengers stranded during an industrial dispute with pilots, engineers and ground-handlers. Health | BHP This incident can be seen one of two ways:The fact that a supervisor apparently picked up the error before the plane departed could suggest that the Swiss cheese defences are robust. _W+ From 2018, we intend our climate change disclosures to align with the recommendations of the Taskforce on Climate-related Financial Disclosures (TCFD). <>/ExtGState<>/ProcSet[/PDF/Text/ImageB/ImageC/ImageI] >>/MediaBox[ 0 0 595.32 841.92] /Contents 4 0 R/Group<>/Tabs/S/StructParents 0>> "Any one of those things on their ownisn't a big deal to deal with, but when you start adding them up all together, across multiple flights, that starts to become a concern for safety.". OurWhistleblower Programis a key aspect of our approach to managing human rights, providing a confidential and accessible channel for individuals to raise matters of legitimate concern with us, so they can be addressed. Qantas provide an opportunity for the maximum number of shareholders to attend an Annual General Meeting (AGM). There's a lot that can go wrong. Mr Finch has more than 25 years legal experience in Australia and overseas, joining the Qantas Group from the leading Australian practice of Allens, where he had been a partner specialising in mergers and acquisitions, equity capital markets and general corporate and governance advice. Before Qantas, Andrew was Senior Vice President Public, International, Industry, Environment Affairs at Emirates, based in Dubai. We are red-lining, running at max capacity in a very dynamic, challenging environment. Costs of acquiring and maintaining staff. As a matter of fact, only particular people are gifted with a talent for writing. . Close to 98 per cent of its staff voted the agreement down. Responsible investment Our wealth businesses have Responsible Investment Policies The GMC is chaired by the CEO and meets fortnightly to review The Group aims to ensure a safe and fair working environment for our people and we also recognise the rights of our employees to freedom of association with unions and collective bargaining. Supporting our Code of Conduct and Ethics is a suite of policy documents, procedures and guidelines that outline the minimum standards required of all our employees, and which support our employees to act legally and with integrity. We support that growth through tourism marketing partnerships with the Australian and state governments, and our own extensive marketing and media strategy. Media Releases - Qantas News Room Qantas recognises that airlines have a role to play in preventing human trafficking and was a key sponsor of theInternational Air Transport Associations June 2018 Annual General Meeting ResolutionOpens external sitethat denounced human trafficking. Opens in new window. As a result, we have emerged from the pandemic a stronger and more resilient company. )urWubOrG@jSaGL3TQVQd; zt LR*E%p5s0"{a6z ,6(}`uh9!>_F#>U jyYdQ'n'TR6E]Mh"R(g&KLytK)i[yjMi%\RoJERtpzMnin7}xgeI: /&'!GmU0yDfT2!E'rP[V&HMs`%P,R!N&32&i>&B*E* "Unfortunately, that has been usedas a threat to the pilots. Who's in the race to replace Alan Joyce as Qantas CEO? "One incident I'm aware of, the ground handlers, they loaded the aircraft incorrectly," one employee said. He is a member of the ACC General Counsel Advisory Board, and ACC Australias GC100 and Advocacy Network. The costs being used for normal business operations may exceed the capital making it difficult for the company to progress. If you don't comply with what we want, we'll find someone else that will.". The Qantas Group strongly believe that vaccination against COVID-19 is critical for the safety of our people, customers, ongoing operations and for aviation more broadly. We aim to foster a workplace where people respect and tolerate the rights and differences of others. xkS;3[f! Reconciliation Action Plan (RAP) An important element of this is to ensure we continue to refine the findings of our climate scenario analysis and incorporate them into strategy and planning decisions. Jetstar-branded carriers operate more than 5,000 flights a week to more than 85 destinations. We're playing an active role in setting and meeting these ambitious targets, and were guided by a simple philosophy: measure, reduce, offset and influence. %PDF-1.6 % March 17, 2020 . The Handbook is one of a number of tools and resources available to staff at UQ designed to encourage the development of policies and procedures that are clear, effective and appropriate.