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. In line with the UNGPs, we engaged expert advisory consultants to lead the refresh of our salient human rights issues. "It's been prepared to take every angle under the act. "Bags aren't making aircraft on time. In line with the guidance of the UNGPs, the issues were identified applying the lens of the risk of harm to people, and the severity assessed based on the scale, scope and irremediability of each impact. hereOpens in new window John Gissing was appointed as Group Executive, Associated Airlines and Services in March 2015. A risk is anything that could potentially impact your project's timeline, performance or budget. Risks are assessed in accordance with the Qantas Group Risk Assessment Guide (QRAG). 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. Qantas maintains a strong governance structure over its risk management activities. Nearly every student wishes to succeed in his or her future career, and it is inseparably linked to your competence in research paper writing. The Board has established Committees that are responsible for considering detailed issues and making recommendations to the Board. Risk Management Policy; 9. click here. We believe in showcasing Australian success on the world stage and, in turn, inspiring the next generation of Australians to aspire to great things. David will remain as CEO of Qantas Domestic until his departure. making it easier for people to formally report workplace bullying and harassment; improving the inclusiveness of organisational culture; and. After three years and $7 billion in statutory losses due to the pandemic, the Qantas Group has returned to profit with a record result for the first half of FY23. "It was a metaphorical gun to the head," Tony Lucas said. Board & Committee Charters - Crown Resorts Corporate Governance Board & Committee Charters View our charters. "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. More broadly, with Hong Kong open and China's abandonment of its zero-Covid policy, the IMF has forecast Hong Kong to grow 3.9 per cent in 2023, faster than Singapore's 2.3 per cent. Under his leadership Qantas has implemented its biggest transformation since privatisation in 1995, renewed its fleet and technology, lifted customer satisfaction to record levels and expanded with new ventures and partnerships. The ability to work under pressure in a highly regulated environment. e9 VHh_>&4BRP#U"1R1n'Fhcd6b!T"8l bH,Qp/'r{HrNjGCu9w;L;:9zuYvO}b{=sYuO66q,-]j|gwN]u&w94~97>cdbo[Auv_(:3yeo];2BiQS1\.zE?ztfn~BqY^TY.I3NGm?;.EDMg]6"eO2(&,Kz\:Gb^0pTeTCy+zMo=a"}L)&4fTRE5aa=I: /zw8X4-&gl .NG_on|pINR:dN>8!Wl\lV%}m$9iC'YlyUX. If you don't comply with what we want, we'll find someone else that will.". OurModern Slavery Statement (PDF)outlines in detail the measures the Group had to take to ensure its survival, including the potential human rights impacts, on our people, operations and supply chain. "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. 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. All items in the FY21 Results Presentation are reported on an Underlying basis, unless otherwise stated. <> and Audit Committee, review Qantas Management's establishment and operation (within the risk appetite set by the Board) of an enterprise-wide operational risk management system which is designed to identify, assess, monitor and manage operational risk throughout the Qantas Group in relation to safety, health, environment, security and It expresses our commitment to provide for, or co-operate in remediation in line with the guidance provided under the UNGPs where we identify we have caused or to which we may have contributed or be directly linked to harm. Finally, the global financial and economic crisis affects all companies undertaking the international business(Robertson, 2016). Our commitment to strengthening business resilience and fostering a risk aware culture creates the foundation for sustainable performance and adaptability to respond to shifting market conditions. He has an Executive MBA from Auckland University. The group consists of: Jetstar Airways in Australia and New Zealand, wholly owned by the Qantas Group. Aviation has been at the forefront of the global business response to climate change, becoming the first industry to voluntarily commit to emission reduction targets as far out as 2050. The CHESS has responsibility for strategy, policy, systems oversight, monitoring and corporate governance over operational risks of the Qantas Group. Implementing human trafficking training for our aircrew to support identification of, and responses to, suspected instances of trafficking. Before Qantas, Andrew was Senior Vice President Public, International, Industry, Environment Affairs at Emirates, based in Dubai. Risk management is systematic, structured and timely. 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. _^)%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 Qantas Airways Limited ABN 16 009 661 901. From 2017/18, we will shift our reporting to open source disclosures, leveraging our Learn more about our Supply Chain Assurance Program (PDF). Com , 2016). Commercial experience with contract management :`lw He is also president of the Australian and International Pilots Association, a voluntary position he holds alongside his job at Qantas. Prior to joining Qantas Group in May 2002, Lesley held senior executive roles at both Ansett and Air New Zealand. 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. 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. He is a member of the ACC General Counsel Advisory Board, and ACC Australias GC100 and Advocacy Network. Qantas provide an opportunity for the maximum number of shareholders to attend an Annual General Meeting (AGM). In disclosing our financial performance, we comply fully with ASIC regulations, ASX rules and broader global reporting standards. He is careful not to overstate safety concerns but acknowledges risks have grown. Audience This policy applies to all entities within the Sandvik Group Qantas Airways Limited shares are up 1.5% in Tuesday trading as we head into the lunch hour. 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. There's a lot that can go wrong. Andrew was previously the founder and Managing Director of a large public affairs firm that was acquired by the Ogilvy Group in 2001. Earlier today, Qantas, Australia's flag carrier, said it expected to add 8,500 roles over the next decade, a move that it said represented a signal that the aviation industry was moving into a . Today we apply the same systematic approach to all risk disciplines, not just aviation safety. 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. Reconciliation Action Plan (RAP) 2008/09 Qantas Data Book . The Qantas RAP has been accredited to Elevate status, meaning we are a leader in corporate Australia. Lesley is a Director of the Australian Brandenburg Orchestra since October 2015, a Director of Venues NSW since May 2017, a member of Chief Executive Women and was previously a Director of Taylor Fry Pty Ltd from 2015 to 2017, a Director of the Qantas Foundation from 2009 to 2017, and a non-executive director of UNICEF Australia from 2006 to 2015. The three principles that guide us are: operating with integrity (through our safety, people, community and environment strategies). 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. Our Group Financial Framework - introduced in 2015 - aligns our strategy and key performance metrics with long-term shareholder goals, enabling consistent, year-on-year comparisons. 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. 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. 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. While the new FRMS allows for flights in excess of the current 20-hour ceiling, Project Sunrise flights will still need to be approved on a route by route basis. We hedge fuel and foreign exchange to protect against material adverse movements not to beat market prices. 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. The Board has approved charters for each Committee: Audit Committee Charter (PDF) Nominations Committee Charter (PDF) Remuneration Committee Charter (PDF) Safety, Health, Environment and Security Committee Charter (PDF). As a result, we have emerged from the pandemic a stronger and more resilient company. This includes aviation safety, WHS, environment, security (including cyber security) and business resilience matters. Full time permanent position based in New York, JFK. 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. Joining Qantas in 1994 she has held a variety of senior commercial, customer and finance roles across the Group, both onshore and overseas. The entry of the new players in the industry will increase the competition and this negatively affect the Qantas Airline profit. 4.2 Risk management process The risk management system is dynamic and is designed to adapt to GTN's developments and any changes in the risk profile over time. Qantas' new first-class cabin will debut on Airbus A350 service to New York and London in late 2025. Credit: Qantas. You'll have: A minimum of 5 years of experience within the Aviation industry.