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/`B4zI *9@/dp&u{I2{?$}MdxySCER:s MEa8dO/jS=)h2yw?O-FO_yu vD&0%\*+pE`1cu[ @rJZRtahpEVyJrx hTIbK),\8} ,9r{(,sujS`A@yB+K2Qt9 Qantas Investors | Group Management Committee We're in the process of finalising plans for a new program that will see Qantas support and engage employees in contributing to charitable causes that reflect our community strategy. We hedge fuel and foreign exchange to protect against material adverse movements not to beat market prices. 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. The GMC is chaired by the CEO and meets fortnightly to review Storms threaten north-east United States after tearing through the south, leaving 10 dead, Canberra coach Ricky Stuart slams NRL, RLPA following further concussion controversy, 'How dare they': Possum Magic author hits out at 'ridiculous' Roald Dahl edits, 'Dastardly and heinous crime': Philippines governor killed at home by unknown gunmen, Vanuatu hit by two cyclones and twin earthquakes in two days, Emily was studying law when she had to go to court. Jetstar Group | Jetstar Financial Risk Management Policy Loss Prevention Procedure 2. The Group acknowledges the complexity of immigration issues and respects that there are various views in the community and amongst shareholders about Australias immigration policy. 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. Rob holds a Bachelor of Commerce (Economics) from the University of Melbourne and a Master of Business Administration from the Kellogg School of Management at Northwestern University in the USA. ", Another observed: "I feel like the staff have been beaten down. The Group has considered transport of unsuccessful asylum seekers through multiple lenses, including as part of the salient human rights issues assessment undertaken in 2018; a targeted risk assessment inclusive of the impact to our broader stakeholder group; and the Groups capacity and qualification to second guess a complex and comprehensive regulatory and judicial process. The Civil Aviation Safety Authority has endorsed multiple safety and risk management systems at Qantas, and no-one is suggesting there is currently any systemic risk. Upgrade your web browser for an enhanced experience. PDF Risk Management Policy - Blue Star India He held the position of Executive Manager, Group Safety and Health between 2009 and 2012, following six years at Jetstar as the Group General Manager, Flight Operations and Safety where he was a founding member of the Jetstar senior management team in 2004. On the other hand, it could suggest that skill and experience, an important layer of defence, has been eroded. And we know that our continued success relies on day-to-day operational excellence and keeping a steady eye on the horizon. This policy outlines the expectations that the Council and University Executive have with respect to risk management, and to ensure management can demonstrate that risks in all parts of the University are being identified and managed in a way that is appropriate for the business environment and objectives. )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* We have seen airlines like Virgin like Rex come into the market and start up from scratch and the national carrier to survive has to have adapted to it. He joined Qantas in 2006 as General Manager Strategy, then CFO and Head of Commercial for Loyalty and was Group Deputy CFO from August 2009 before being appointed Group CFO in March 2015. 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. Our Code of Conduct and Ethics and our Group Business Practices document outlines the obligations of our employees, contractors and those we do business with in relation to anti-bribery and corruption, and together with guidance from global regulators, collectively form our anti-bribery and corruption compliance program. Gareth Evans was appointed CEO Jetstar Group in November 2017. This will have negative impacts on the company profits and may also be an opportunity for the competitors to thrive. Qantas | Investors - Home The Qantas brand is synonymous with Australia. Book and Service View policies and guidelines Fares and Ticketing View policies and guidelines Changes, Reissues and Refunds View policies and guidelines Ticket Taxes, Fees and Charges View policies and guidelines Specific Needs View policies and guidelines We support that growth through tourism marketing partnerships with the Australian and state governments, and our own extensive marketing and media strategy. Who's in the race to replace Alan Joyce as Qantas CEO? 1 0 obj Immediately prior to her appointment as Chief Customer Officer, Vanessa was the Executive Manager of Sales and Distribution with responsibility for the airlines revenue through all sales channels including key corporate and agency accounts. FY23 Preliminary Final results announcement. The Qantas Group is committed to transparency on key performance indicators, including environmental, financial and social. PDF 2018 Qantas Voluntary Tax Transparency Code Report Qantas Airways Limited ABN 16 009 661 901. The aviation industry frequently deals with uncertainty, whether it's in the price we pay for fuel, business and consumer confidence and demand levels, weather patterns, geopolitical events and as seen recently, pandemics. The Australian Taxation Office (ATO) has advised that the Qantas Group is a key and Acting Responsibly. Qantas operates within a Security Management System, a systematic approach to managing security, including the necessary organisational structures, accountabilities, policies and procedures. Thats how we create value for our stakeholders, opportunities for our people and world-class experiences for our customers. Annual reports The Annual Report contains key financial information about Qantas, as well as important operating and corporate information. click here. Opens in a new window GROUP RISK MANAGEMENT POLICY - MAY 2021 Through our streamlined enterprise wide approach to risk management the Audit and Risk Committee is provided with visibility of material risks and our risk mitigation strategies. The Qantas Group is committed to transparency on key performance indicators, including environmental, financial and social. 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. We continually review the criteria we use to identify and assess supplier risk to ensure our methodology is reflective of the shifting global environment. We're proud of our joint collaboration with government and broader industry to strengthen Australias approach to anti-corruption through our participation in dedicated focus groups, such as the Bribery Prevention Network and our association with industry bodies such as the Global Compact Network. Since 2014 Stephanie has served as a Board Director and Vice Chair for the Association for Data-driven Marketing and Advertising (ADMA). Risks do not exist in isolation from other . In demonstration of our commitment to evolving our approach to human rights, we have collaborated with customers, suppliers, investors and civil society representatives to better understand their perspectives on the role of the aviation industry in respecting human rights, and to share our insights. Qantas provide an opportunity for the maximum number of shareholders to attend an Annual General Meeting (AGM). He recalls how, on some flights, he would work alongside staff from a UK Qantas subsidiary, a New Zealand Qantas subsidiary and legacy staff, on different pay and conditions. click here. Qantas plans to hire up to 8500 staff including pilots, cabin crew and engineers in the next 18 months. The Audit Committee undertakes the functions of a risk committee as set out in the ASX Corporate Governance Principles. He has also been a press secretary and senior political adviser to various Australian political leaders and Ministers and worked as a journalist in newspapers and television in Australia, the US and UK. Representing Australia at its best is what sets us apart - and our mission to advance Australian talent, ideas and values guides our community investment strategy. xkS;3[f! 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. ASX to rise, Wall Street bets on slower rate rise pace It's been prepared to take really destructive decisions in pursuit of the bottom line.". _^)%Ngx:(uC$[[$[[$[[$[[$[[$[[d"Ssmf_:'c[tlWzgpf J endstream endobj 37 0 obj <> endobj 38 0 obj <> endobj 39 0 obj <> endobj 40 0 obj <>stream Vancouver-based Uniglobe is also adding Canada's House of Travel to its membership. The Board has established Committees that are responsible for considering detailed issues and making recommendations to the Board. 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. Qantas Group Tax Risk Management Policy, ensuring corporate governance obligations with respect to tax risks are met. The Qantas Group adopts a proactive approach to enable identification, evaluation and effective management of the risks and opportunities that arise. The Board of Directors receives a bi-annual Group Risk Report incorporating the Group Short Term (0-3 year) and Long Term (3-10 year) risk profiles, trends, risk interconnectivity and monitors the management of notable risks. 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. The Group's executive management team is the Group Management Committee (GMC). PDF QAN FY21 Investor Presentation - Qantas We aim to foster a workplace where people respect and tolerate the rights and differences of others. No sponsorship is available at . It is the intention of the Qantas Group to require employees to be vaccinated against COVID-19 and this is being explored in all our international locations. ", A licensed engineer told ABC's Four Corners: "The planned work for the night, we used to get through it, what they planned for us almost every night. Across our workforce, we maintain an 'informed culture' of safety and security. Modern slavery including child labour / forced labour; Cyber security including data and credit card protection. Strengthening our Code of Conduct and Ethics and Business Practices Document to communicate our human rights commitments and responsibilities, including explicitly prohibiting child labour and forced, bonded or compulsory labour or any other form of modern slavery in our operations and supply chains. Finally, the global financial and economic crisis affects all companies undertaking the international business(Robertson, 2016). Qantas provide an opportunity for the maximum number of shareholders to attend an Annual General Meeting (AGM). Over the years we have learned - and witnessed - the importance of . Our sports and arts sponsorships are focused on supporting elite Australian talent and helping our national teams excel in global competitions. Remuneration Committee: Jacqueline Hey (Chair), Maxine Brenner, Michael L'Estrange and Todd Sampson. Andrew moved to Australia in 2005 from New Zealand where hed spent thirteen years with Air New Zealand in various executive roles. The occurrence of the above mentioned risks will have the following consequences in the event of their occurrence; The unmanageable increase in fuel prices may force the company to reduce its business operations(Thomas, 2014). due to superior cost and risk management 46 new domestic routes announced including 31 launched in FY21. For example, the Qantas Airline may end reducing its business international operations. Since the dawn of the Jet Age, it has never suffered a fatal accident or lost an aeroplane hull, which is a credit to its staff and its leadership. Matthew Allsop spent just shy of 16 years wearing the Qantas uniform and "flying under the Qantas tail but never actually worked for Qantas proper". Harassment in the workplace is not tolerated and is a form of discrimination if it is based on an unlawful ground such as gender, race or disability. Salient human rights issues are those that are likely to have the most severe negative impact on people, through a companys activities or business relationships. 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). Financial risk management Commenced work to review our external grievance mechanisms against the UNGPs criteria for effective non-judicial grievance mechanisms and took action to encourage employees, suppliers and workers in our supply chain to speak up, without fear of retribution, about any concerns they may have. "We're working longer hours. Swot Analysis Of Qantas Group - 1205 Words | Bartleby We continue to learn through collaboration and shared experiences to make the system better. Last year, Qantas proposed a new agreement to its international flight attendants that involved significant and deeply unpopular changes to rosters and other conditions. Io&Z $a S,:xM We recognise human-induced climate change is a significant issue for the aviation industry. He has more than 35 years experience in the aviation industry across regional, domestic and international operations in both the premium and low cost carrier sectors. Prior to that, Vanessa was Senior Vice President for Qantas across the Americas and New Zealand; Executive Manager of Commercial Planning, where she was accountable for network planning and revenue management; and Executive Manager for Product and Service where she oversaw transformation in catering, airports and network aimed at driving better commercial and customer outcomes. Tax risk management is governed by both the Qantas Group Risk Management Policy and the Qantas Group Tax Risk Management Policy, ensuring corporate governance obligations with respect to tax risks are met. endobj During the pandemic we made tough but necessary decisions to ensure that we survived and could recover quickly. Involuntary Deportees include persons who overstay working visas, are denied entry for visa irregularities, and criminal extraditions. For consumer brands especially, protecting value is also about maintaining a social licence to operate. They feared the holes were moving closer together. Andrew was previously the founder and Managing Director of a large public affairs firm that was acquired by the Ogilvy Group in 2001. Qantas was one of the first airlines to introduce an integrated Safety Management System in the 1990s, which we continue to evolve. He has over 35 years experience in aviation across a variety of roles, including six years as Chief Financial Officer for Qantas International and 12 years managing regional arm, QantasLink. |w`ltDs:a^#8RW~s>br|7b}qa.}70}z? ;|k@@]Cv"}{ nvpw$/:`BZyY/UD0|pu!Hwm8m ZcAD19G&`BsGW'T'g0C-)> Ou3 ze1-?d*MM1xy{kxdzM]y=p5o=Mf[3*>v#AM $75,000-$85,000 USD. "In terms of pilots, of the things that Qantas has done very successfully, because the law allows them to, is that they've acquired or set up subsidiary airline groups," Mr Lucas said. Qantas was one of the first airlines to introduce an integrated Safety Management System in the 1990s, and we continue to evolve it. 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). Risk Management Policy Sandvik Group Similarly, Qantas Airline is likely to suffer from the consequences of economic recession. Full time permanent position based in New York, JFK. Tino is a Chartered Accountant, a member of the Securities Institute of Australia and the Institute of Company Directors and is a member of the National Executive of the G100. Former Air New Zealand executive Cam Wallace has been appointed to lead Qantas' international and freight division. Risk management is a part of decision making. Tino has significant experience in the Transport industry in both Commercial and Financial roles having worked for a number of Airlines. 3. From 2017/18, we will shift our reporting to open source disclosures, leveraging our Tinos current portfolio includes Group Finance, Group Procurement, Treasury, Investor Relations and Mergers and Acquisitions. Qantas takes the challenge of human-induced climate change very seriously, as recognised in the release of our GroupClimate Action Plan (PDF)in 2022. Opens in new window. The system integrates the management of risks associated with aviation operational safety; workplace health and safety (WHS); aviation and cyber security; privacy and data governance; environment (including climate change); and business resilience. Risk Management Policy - Policy - JCU Australia - James Cook University 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. Consistent with the Groups consultative approach on this complex issue to date, we expect that as our operation resumes, that our dialogue with stakeholders will also resume. 2. The Board adopted its Board Charter (PDF) on 1 September 2003. 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. Upgrade your web browser for an enhanced experience. There is a large likelihood for the risks facing Qantas Airline to occur. Yet its own employees, and not just union officials, raised these concerns with Four Corners. "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. The Qantas Group highly values and promotes a speaking up culture, where all Disclosing Persons feel comfortable to raise matters that are of legitimate concern to them, including in relation to a potential breach of any legal or regulatory requirement or a Qantas Group Policy. The policy must also clearly define the roles and responsibilities for managing risks; often in large organizations there is a risk manager who oversees the risk management framework and processes. "As a result, we have a very high turnover rate that makes the already-bad situation even worse. CHESS also has oversight of risks associated with regulatory compliance. Upgrade your web browser for an enhanced experience. Since then, the Group has been working to implement these across the core elements of climate-related disclosures. Andrew began his career in IT consultancy. Safety and Health Policy; and 10. And, above all, achieve the highest standards of safety and integrity. The role of CEO of Qantas Domestic and [] Read more 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. 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.