MDL seeks to achieve high standards of corporate governance and designs and enacts its corporate governance practices to be consistent with this objective.
A core governance document, the Constitution establishes the contract between the Company and each member; the Company and the Directors & Company Secretary; and a member and other members. This proposed constitution is the subject of Resolution 7 to be considered for adoption at the 2017 AGM.
A core governance document, the Constitution establishes the contract between the Company and each member; the Company and the Directors & Company Secretary; and a member and other members. MDL’s constitution was last updated in 2013.
Code of Conduct
A guiding document designed to clearly state the way in which we aim to conduct ourselves in business and with our internal and external stakeholders. These practices help create an environment which assists MDL to achieve its potential in a global market.
Corporate Governance Statement
Annually updated and released to the ASX, this statement sets out the Company’s governance structure and practice for the relevant reporting period against the ASX Corporate Governance Council’s 3rd edition ‘Corporate Governance Principles and Recommendations’.
Defines the roles, responsibilities and authorities of the Board of Directors and management in setting the strategic direction, business plan, management, control and good corporate governance practice of the Company.
Audit & Risk Committee Charter
Structured to separately address the objectives, membership, authority, responsibilities and procedures of the Audit & Risk Committee. Objectives include financial reporting integrity; external auditor independence; risk management; internal control; and compliance.
Nomination & Remuneration Committee Charter
Separately addresses the objectives, membership, authority, responsibilities and procedures of the Nomination & Remuneration Committee. Objectives include Board composition and succession; Board and Executive performance; and remuneration structure, policies and practice.
Anti-Bribery & Corruption Policy
Sets out the Company’s responsibilities, and the responsibilities of those working for the Company, in observing and upholding MDL’s position on bribery and corruption. The Policy also provides information and guidance to those working for the Company on how to recognise and deal with bribery and corruption issues.
Outlines the Company’s commitment to creating an environment where the contribution of all personnel is received fairly and equitably.
Human Rights & Child Protection Policy
Establishes MDL’s dedication to conducting its business in a manner consistent with the philosophy of, and principles outlined in, the Universal Declaration of Human Rights.
Market Disclosure & Communications Policy
As a company listed on the Australian Securities Exchange, MDL is committed to ensuring that investors have equal and timely access to Company information and that announcements are clear, concise and compliant with ASX disclosure principles. This policy is a key guiding document in facilitating effective two-way communication.
Provides guidance on the Company’s remuneration policy, structure and practice with respect to non-executive and executive directors, senior management and other staff.
Risk Oversight & Management Policy
MDL faces a range of risks in its business activities, including strategic, operational, environmental, economic, compliance, financial reporting, sustainability and other market risks. This policy outlines the Company’s aims with respect to the identification and control of risk as well as the effectiveness of its risk management framework.
Securities Trading Policy
Outlines the circumstances in which Designated Persons (including directors, executives and employees, amongst others) may trade in MDL Securities.
Summarises the Company’s dedication to achieving excellence in managing environmental, safety, health and social performance in its work places, activities and operations.