Business and sustainability risks Details regarding our approach to managing business and sustainability risks are contained in the OFR (pages 2–17 of this Annual Report), Sustainability Overview (page 20 of this Annual Report) and the risks section of the Annual Report (including at pages 18–19 and 48–49). These explain the Company’s exposure to economic, environmental and social sustainability risks, and how that exposure is managed. Chief Executive Officer and Chief Financial Officer declaration The CEO & Managing Director and the Chief Financial Officer give a declaration to the Board, before the Board resolves that the Directors’ Declaration accompanying the full year and half year financial statements be signed, that in their opinion, the Company’s financial records have been properly maintained, and the financial reports comply with the appropriate accounting standards and give a true and fair view of the financial position and performance of the Company, and that their opinion has been formed on the basis of a sound system of risk management and internal control which is operating effectively. The CEO & Managing Director and the Chief Financial Officer gave this declaration to the Directors for the full year ended 30 June 2018 and the half year ended 31 December 2017. Compliance with laws and policies The Company has adopted policies to monitor compliance with occupational health, safety, environment, anti-corruption and bribery, competition and consumer laws throughout the jurisdictions in which it operates. There are also procedures providing employees with alternative means to usual management communication lines through which to raise concerns relating to suspected illegal or unethical conduct. The Company believes that whistleblowing can be an appropriate means to protect Boral and individuals, and to ensure that operations are conducted within the law. There are ongoing programs for the audit of the large number of Boral operating sites. Occupational health and safety, environmental and other risks are covered by these audits. Boral also has staff to monitor and advise on workplace health and safety and environmental issues and, in addition, education programs provide training and information on regulatory issues. Boral also has a dedicated Compliance Council, tasked with achieving compliance within Boral through collaboration across functional areas including Legal, Risk, Internal Audit, HSE, Property Group, Product Councils, Insurance, Finance, Tax, HR / IR, IT security and other areas of expertise. Given the multi-disciplinary nature of the compliance effort within Boral, regular, open communication facilitating collaboration across those groups is critical. The Compliance Council provides a regular forum, connecting the relevant expertise to foster and improve communication and collaboration, and to ensure that the right functional experts are engaged and working together to achieve business-wide regulatory compliance.
Boral Limited Annual Report 2018 43 Conduct and ethics
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