We are committed to applying the very highest standards of corporate governance wherever we operate - and we have a firm and explicit commitment to fulfilling our responsibilities to all of our stakeholders.
The Board of Directors is responsible for the overall corporate governance of Reliance Worldwide Corporation Limited (RWC) and its controlled entities (together “the Group”). The Board monitors the operational and financial position and performance of the Group and oversees its business strategy, including approving the strategic objectives, plans and budgets of the Group.
The Board is committed to optimising performance and building sustainable value for shareholders. In conducting business with these objectives, the Board seeks to ensure that the Group is appropriately managed to protect and enhance shareholder interests and that the Group, its Directors, officers and personnel operate in an appropriate environment of corporate governance.
Accordingly, the Board has created a framework for managing the Group, including adopting relevant internal controls, risk management processes and corporate governance policies and practices that it believes are appropriate for the Group’s business and that are designed to promote responsible management and conduct of the Group.
The main policies and practices adopted by the RWC are provided below. In addition, many governance elements are contained in the Company’s Constitution.
RWC’s corporate governance statement can be viewed below. The statement outlines the key aspects of RWC's governance framework and governance practices which are consistent with the Corporate Governance Principles and Recommendations (4th edition) released by the ASX Corporate Governance Council unless otherwise stated.
RWC’s formal corporate governance structure at a glance.
Reliance Worldwide Corporation Limited is an Australian public company. The company’s shares are listed on the Australian Securities Exchange. The key charter and policy documents of the Group are listed below.